Today is 02/06/2025
I. Hog Price
This week (Jun. 22-Jun. 28), hog price keeps increasing in China. And the average hog price index is 35.73 CNY/kg nationwide, an advance of 1.05 CNY/kg or 3.00% from 34.68 CNY/kg last Friday and an increase of 18.02 CNY/kg or 101.80% from 17.71 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 1615.25 CNY per head nationwide, up 120.52 CNY/head or 8.10% from 1494.73 CNY last Friday and up 1361.82 CNY or 2769.60% from 253.43 CNY a year earlier.
Table: Feedstuff Price and Breeding Margins (Unit: CNY/kg, Yuan/Hog)
|
Time |
Corn |
Soybean Meal |
Compound Feed |
Hog |
Hog |
Margins |
|
Week 26 |
2.144 |
2.687 |
2.69 |
16.43 |
13.07 |
1615.25 |
|
Week 25 |
2.113 |
2.676 |
2.68 |
16.17 |
12.77 |
1494.73 |
|
M-o-M± |
0.031 |
0.011 |
0.01 |
0.26 |
0.3 |
120.52 |
|
M-o-M% |
1.50% |
0.40% |
0.40% |
1.60% |
2.30% |
8.10% |
|
Y-o-Y |
1.914 |
2.855 |
2.51 |
9 |
6.85 |
253.43 |
|
Y-o-Y± |
0.23 |
-0.168 |
0.18 |
7.43 |
6.22 |
1361.82 |
|
Y-o-Y% |
12.00% |
-5.90% |
7.20% |
82.60% |
90.80% |
2769.60% |
Fig. : Hog Margins of Owned Piglet in China (2019-2020)