Today is 05/04/2024
I. Hog Price
This week (August 31-September 4), hog price in China goes slightly higher. And the average price index nationwide is 37.04 CNY/kg, an increase of 0.23 CNY/kg or 0.60% versus 36.81 CNY/kg in the previous week, and an increase of 8.74 CNY/kg or 30.90% compared with 28.30 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 1562.27 CNY per head nationwide, up by 45.19 CNY or 3.00% from 1517.08 CNY last Friday and up by 283.80 CNY or 22.20% from 1278.47 CNY a year earlier.
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 36 |
2.225 |
2.92 |
2.7 |
16.42 |
13.52 |
1562.27 |
|
week 35 |
2.248 |
2.893 |
2.71 |
16.15 |
13.38 |
1517.08 |
|
M-o-M± |
-0.023 |
0.027 |
-0.01 |
0.27 |
0.14 |
45.19 |
|
M-o-M% |
-1.00% |
0.93% |
-0.40% |
1.70% |
1.00% |
3.00% |
|
Y-o-Y |
1.905 |
2.968 |
2.51 |
14.59 |
11.07 |
1278.47 |
|
Y-o-Y± |
0.32 |
-0.048 |
0.19 |
1.83 |
2.45 |
283.8 |
|
Y-o-Y% |
16.80% |
-1.60% |
7.60% |
12.50% |
22.10% |
22.20% |
Fig. : Hog Margins of Owned Piglet in China (2019-2020)