Today is 05/19/2024
I. Hog Price
This week (Jun. 29-Jul. 3), hog price keeps increasing in China. And the average hog price index is 36.46 CNY/kg nationwide, an advance of 0.73 CNY/kg or 2.00% from 35.73 CNY/kg last Friday and an increase of 18.87 CNY/kg or 107.30% from 18.87 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 1620.16 CNY per head nationwide, up 4.91 CNY/head or 0.30% from 1615.25 CNY last week and up 1362.41 CNY or 2770.80% from 257.75 CNY a year earlier.
Table: Feedstuff Price and Breeding Margins (Unit: CNY/kg, Yuan/Hog)
|
Time |
Corn (CNY/kg) |
Soybean Meal (CNY/kg) |
Compound Feed (CNY/kg) |
Hog |
Hog |
Margins (CNY/head) |
|
Week 27 |
2.152 |
2.801 |
2.72 |
16.71 |
13.22 |
1620.16 |
|
Week 26 |
2.144 |
2.687 |
2.69 |
16.43 |
13.07 |
1615.25 |
|
M-o-M± |
0.008 |
0.114 |
0.03 |
0.28 |
0.15 |
4.91 |
|
M-o-M% |
0.40% |
4.20% |
1.10% |
1.70% |
1.10% |
0.30% |
|
Y-o-Y |
1.918 |
2.79 |
2.51 |
8.92 |
6.8 |
257.75 |
|
Y-o-Y± |
0.234 |
0.011 |
0.21 |
7.79 |
6.42 |
1362.41 |
|
Y-o-Y% |
12.20% |
0.40% |
8.40% |
87.30% |
94.40% |
2770.80% |
Fig. : Hog Margins of Owned Piglet in China (2019-2020)