Today is 12/22/2024
I. Hog Price
This week (November 9th-13th), hog price in China rises firstly and then goes down later, a modest decline compared to last week. And the average price index nationwide is 29.44 CNY/kg, a decrease of 0.12 CNY/kg or 0.40% versus 29.56 CNY/kg in the previous week, and a drop of 5.46 CNY/kg or 15.60% compared with 34.90 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 1330.30 CNY per head nationwide, up by 18.86 CNY or 1.40% from 1311.44 CNY last Friday and up by 13.06 CNY or 1.00% from 1317.24 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 46 |
2.438 |
3.192 |
2.86 |
11.87 |
10.12 |
1330.30 |
|
Week 45 |
2.455 |
3.273 |
2.9 |
11.83 |
10.02 |
1311.44 |
|
M-o-M± |
-0.017 |
-0.081 |
-0.04 |
0.04 |
0.1 |
18.86 |
|
M-o-M% |
-0.7% |
-2.47% |
-1.4% |
0.3% |
1.0% |
1.4% |
|
Y-o-Y |
1.857 |
3.005 |
2.51 |
18.52 |
13.7 |
1317.24 |
|
Y-o-Y± |
0.581 |
0.187 |
0.35 |
-6.65 |
-3.58 |
13.06 |
|
Y-o-Y% |
31.3% |
6.2% |
13.9% |
-35.9% |
-26.1% |
1.0% |
Fig. : Hog Margins of Owned Piglet in China in 2020