Today is 05/02/2024
I. Hog Price
This week (October 19th-23rd), hog price in China falls back after a slight rise. And the average price index nationwide is 28.99 CNY/kg, a decrease of 0.78 CNY/kg or 2.60% versus 29.77 CNY/kg in the previous week, and a decline of 11.90 CNY/kg or 29.10% compared with 40.89 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 1052.50 CNY per head nationwide, down by 21.68 CNY or 2.10% from 1030.82 CNY last Friday and down by 1071.24 CNY or 50.40% from 2123.74 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 43 |
2.445 |
3.259 |
2.89 |
11.65 |
9.85 |
1052.5 |
|
week 42 |
2.387 |
3.24 |
2.87 |
12.26 |
10.2 |
1030.82 |
|
M-o-M± |
0.058 |
0.019 |
0.02 |
-0.61 |
-0.35 |
21.68 |
|
M-o-M% |
2.4% |
0.59% |
0.7% |
-5.0% |
-3.4% |
2.1% |
|
Y-o-Y |
1.84 |
3.168 |
2.51 |
21.95 |
16.07 |
2123.74 |
|
Y-o-Y± |
0.605 |
0.091 |
0.38 |
-10.3 |
-6.22 |
-1071.24 |
|
Y-o-Y% |
32.9% |
2.9% |
15.1% |
-46.9% |
-38.7% |
-50.4% |
Fig. : Hog Margins of Owned Piglet in China in 2020