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Weekly Hog Price and Breeding Margins in China (Week 22, 2020)

2020-06-01 www.cofeed.com
I.Hog Price

This week (May. 22-29), hog price keeps rising around the country. And the average hog price index is 29.47 CNY/kg nationwide, an increase of 0.68 CNY/kg or 8.40% from 28.79 CNY/kg last Friday and an increase of 14.14 CNY/kg or 92.20% from 15.33 CNY/kg the corresponding period last year.


Fig.: Hog Price Trend Weekly in China (2015-2020)

II. Breeding Margins

This week, the breeding margin of purchased piglet is 789.84 CNY per head nationwide, an increase of 110.97 CNY/head or 16.10% from 687.87 CNY last Friday; that increases by 843.42 CNY or 1715.30% from -44.58 a year earlier.

Table: Feedstuff Price and Breeding Margins (Unit: CNY/kg, Yuan/Hog)

Time
/Products

Corn

Soybean Meal

Compound Feed

Hog
/Corn

Hog
/Feed

Margins

Week 22

2.064

2.706

2.63

14.03

11

798.84

Week 21

2.058

2.671

2.62

13.74

10.77

687.87

M-o-M±

0.006

0.035

0.01

0.29

0.23

110.97

M-o-M%

0.30%

1.30%

0.40%

2.10%

2.10%

16.10%

Y-o-Y

1.949

2.883

2.53

7.69

5.88

-44.58

Y-o-Y±

0.115

-0.177

0.1

6.34

5.12

843.42

Y-o-Y%

5.90%

-6.10%

4.00%

82.40%

87.10%

1715.30%



Fig. : Hog Margins of Owned Piglet in China (2019-2020)