Today is 05/02/2024
I. Hog Price
This week (September 21-September 25), hog price in China extends the decline. And the average price index nationwide is 32.90 CNY/kg, a decrease of 2.28 CNY/kg or 6.50% versus 35.18 CNY/kg in the previous week, but an increase of 3.47 CNY/kg or 11.80% compared with 29.43 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 1200.08 CNY per head nationwide, down by 170.90 CNY or 12.50% from 1370.98 CNY last Friday and up by 130.25 CNY or 12.20% from 1069.83 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 39 |
2.263 |
3.031 |
2.74 |
14.31 |
11.81 |
1200.08 |
|
week 38 |
2.266 |
3.094 |
2.75 |
15.3 |
12.61 |
1370.98 |
|
M-o-M± |
-0.003 |
-0.063 |
-0.01 |
-0.99 |
-0.8 |
-170.9 |
|
M-o-M% |
-0.10% |
-2.04% |
-0.40% |
-6.50% |
-6.30% |
-12.50% |
|
Y-o-Y |
1.858 |
2.943 |
2.48 |
15.57 |
11.68 |
1069.83 |
|
Y-o-Y± |
0.405 |
0.088 |
0.26 |
-1.26 |
0.13 |
130.25 |
|
Y-o-Y% |
21.80% |
3.00% |
10.50% |
-8.10% |
1.10% |
12.20% |
Fig. : Hog Margins of Owned Piglet in China (2019-2020)