Today is 02/06/2025
I. Hog Price
This week (Jun. 5-Jun. 12), hog price keeps increasing nationwide. And the average hog price index is 32.34 CNY/kg nationwide, an increase of 0.83 CNY/kg or 2.60% from 31.51 CNY/kg last Friday and an increase of 16.14 CNY/kg or 99.60% from 16.14 CNY/kg in 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 1217.91 CNY per head nationwide, up 95.68 CNY/head or 8.50% from 1122.23 CNY last Friday; that increases by 1100.51 CNY or 2238.20% from 117.40 a year earlier.
Table: Feedstuff Price and Breeding Margins (Unit: CNY/kg, Yuan/Hog)
|
Time |
Corn |
Soybean Meal |
Compound Feed |
Hog |
Hog |
Margins |
|
Week 24 |
2.084 |
2.689 |
2.66 |
15.27 |
11.96 |
1217.91 |
|
Week 23 |
2.071 |
2.738 |
2.65 |
14.97 |
11.7 |
1122.23 |
|
M-o-M± |
0.013 |
-0.049 |
0.01 |
0.3 |
0.26 |
95.68 |
|
M-o-M% |
0.60% |
-1.80% |
0.40% |
2.00% |
2.20% |
8.50% |
|
Y-o-Y |
1.942 |
2.888 |
2.53 |
8.12 |
6.19 |
117.4 |
|
Y-o-Y± |
0.142 |
-0.199 |
0.13 |
7.15 |
5.77 |
1100.51 |
|
Y-o-Y% |
7.30% |
-6.90% |
5.10% |
88.10% |
93.20% |
2238.20% |
Fig. : Hog Margins of Owned Piglet in China (2019-2020)