Today is 12/23/2024
I. Hog Price
This week (Aug 17-21), hog price in China rebounds after a rise. The average price index of hog is 37.58 CNY/kg nationwide, up by 0.57 CNY/kg or 1.50% from 37.01 CNY/kg last week, up by 11.62 CNY/kg or 44.80% compared with 25.96 CNY/kg in the same period last year.
Fig. : Hog Price Trend Weekly in China (2015-2020)
II. Breeding Margins
This week, the breeding margin of purchased piglet is 1593.23 CNY per head nationwide, up by 83.03 CNY or 5.50% from 1510.20 CNY last Friday and up by 474.55 CNY or 965.10% from 1118.68 CNY in the previous year.
Table: Feedstuff Price and Breeding Margins (Unit: CNY/kg, CNY/Hog)
|
Time |
Corn (CNY/kg) |
Soybean Meal (CNY/kg) |
Compound Feed (CNY/kg) |
Hog |
Hog |
Margins (CNY/head) |
|
Week 34 |
2.278 |
2.842 |
2.74 |
16.27 |
13.51 |
1593.23 |
|
week 33 |
2.273 |
2.886 |
2.77 |
16.06 |
13.15 |
1510.2 |
|
M-o-M± |
0.005 |
-0.044 |
-0.03 |
0.21 |
0.36 |
83.03 |
|
M-o-M% |
0.20% |
-1.52% |
-1.10% |
1.30% |
2.70% |
5.50% |
|
Y-o-Y |
1.919 |
2.93 |
2.49 |
13.26 |
10.21 |
1118.68 |
|
Y-o-Y± |
0.359 |
-0.088 |
0.25 |
3.01 |
3.3 |
474.55 |
|
Y-o-Y% |
18.70% |
-3.00% |
10.00% |
22.70% |
32.30% |
965.10% |
Fig. : Hog Margins of Owned Piglet in China (2019-2020)