Today is 05/03/2024
I. Hog Price
This week (November 2nd -6th), hog price in China rises firstly and then goes down later. And the average price index nationwide is 29.56 CNY/kg, an increase of 0.49 CNY/kg or 1.70% versus 29.07 CNY/kg in the previous week, and a decline of 9.81 CNY/kg or 24.90% compared with 39.37 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 1311.44 CNY per head nationwide, up by 155.94 CNY or 13.50% from 1155.50 CNY last Friday and down by 517.25 CNY or 28.30% from 1828.69 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 45 |
2.455 |
3.273 |
2.9 |
11.83 |
10.02 |
1311.44 |
|
week 44 |
2.461 |
3.222 |
2.89 |
11.61 |
9.88 |
1155.5 |
|
M-o-M± |
-0.006 |
0.051 |
0.01 |
0.22 |
0.14 |
155.94 |
|
M-o-M% |
-0.2% |
1.58% |
0.3% |
1.9% |
1.4% |
13.5% |
|
Y-o-Y |
1.861 |
3.068 |
2.51 |
20.88 |
15.46 |
1828.69 |
|
Y-o-Y± |
0.594 |
0.205 |
0.39 |
-9.05 |
-5.44 |
-517.25 |
|
Y-o-Y% |
31.9% |
6.7% |
15.5% |
-43.3% |
-35.2% |
-28.3% |
Fig. : Hog Margins of Owned Piglet in China in 2020