Today is 04/26/2024
I. Hog Price
This week (Jul. 27-31), hog price in China rebounds after a decline. And the average hog price index is 37.93 CNY/kg nationwide, a rise of 0.83 CNY/kg or 2.20% from 37.10 CNY/kg a week earlier and an increase of 18.76 CNY/kg or 97.90% from 19.17 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 1574.22 CNY per head nationwide, up by 69.41 CNY/head or 4.60% from 1504.81 CNY last week and up by 1065.24 CNY or 2166.40% from 508.98 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 31 |
2.291 |
2.96 |
2.82 |
16.33 |
13.26 |
1574.22 |
|
Week 30 |
2.225 |
2.989 |
2.81 |
16.44 |
13.03 |
1504.81 |
|
M-o-M± |
0.066 |
-0.029 |
0.01 |
-0.11 |
0.23 |
69.41 |
|
M-o-M% |
3.00% |
-1.00% |
0.40% |
-0.70% |
1.80% |
4.60% |
|
Y-o-Y |
1.929 |
2.763 |
2.48 |
9.97 |
7.76 |
508.98 |
|
Y-o-Y± |
0.362 |
0.197 |
0.34 |
6.36 |
5.5 |
1065.24 |
|
Y-o-Y% |
18.80% |
7.10% |
13.70% |
63.80% |
70.90% |
2166.40% |
Fig. : Hog Margins of Owned Piglet in China (2019-2020)