Today is 05/03/2024
I. Hog Price
This week (October 26th-30th), hog price in China fluctuates at a high level. And the average price index nationwide is 29.07 CNY/kg, an increase of 0.08 CNY/kg or 0.30% versus 28.99 CNY/kg in the previous week, and a decline of 11.23 CNY/kg or 27.90% compared with 40.30 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 1155.50 CNY per head nationwide, up by 103.00 CNY or 9.80% from 1052.50 CNY last Friday and down by 816.05 CNY or 41.40% from 1971.55 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 44 |
2.461 |
3.222 |
2.89 |
11.61 |
9.88 |
1155.5 |
|
week 43 |
2.445 |
3.259 |
2.89 |
11.65 |
9.85 |
1052.5 |
|
M-o-M± |
0.016 |
-0.037 |
0 |
-0.04 |
0.03 |
103 |
|
M-o-M% |
0.7% |
-1.14% |
0.0% |
-0.3% |
0.3% |
9.8% |
|
Y-o-Y |
1.858 |
3.083 |
2.51 |
21.42 |
15.83 |
1971.55 |
|
Y-o-Y± |
0.603 |
0.139 |
0.38 |
-9.81 |
-5.95 |
-816.05 |
|
Y-o-Y% |
32.5% |
4.5% |
15.1% |
-45.8% |
-37.6% |
-41.4% |
Fig. : Hog Margins of Owned Piglet in China in 2020