Today is 12/23/2024
I. Hog Price
This week (Aug 3-7), hog price in China is curbed after a rise. And the average hog price index is 37.91 CNY/kg nationwide, a decrease of 0.02 CNY/kg or 0.10% from 37.93 CNY/kg a week earlier and an increase of 16.26 CNY/kg or 75.10% from 21.65 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, flat from last week and up by 861.41 CNY or 1751.90% from 712.81 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 32 |
2.317 |
2.887 |
2.8 |
16.14 |
13.34 |
1574.22 |
|
Week 31 |
2.291 |
2.96 |
2.82 |
16.33 |
13.26 |
1574.22 |
|
M-o-M± |
0.026 |
-0.073 |
-0.02 |
-0.19 |
0.08 |
0 |
|
M-o-M% |
1.10% |
-2.50% |
-0.70% |
-1.20% |
0.60% |
0.00% |
|
Y-o-Y |
1.931 |
2.845 |
2.49 |
10.94 |
8.48 |
712.81 |
|
Y-o-Y± |
0.386 |
0.042 |
0.31 |
5.2 |
4.86 |
861.41 |
|
Y-o-Y% |
20.00% |
1.50% |
12.40% |
47.50% |
57.30% |
1751.90% |
Fig. : Hog Margins of Owned Piglet in China (2019-2020)