Today is 05/03/2024
I. Hog Price
This week (November 16th-20th), hog price in China moves with fluctuations, a modest increase compared to last week. And the average price index nationwide is 29.59 CNY/kg, a rise of 0.15 CNY/kg or 0.50% versus 29.44 CNY/kg in the previous week, and a drop of 3.21 CNY/kg or 9.80% compared with 32.80 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 1418.47 CNY per head nationwide, up by 88.17 CNY or 6.60% from 1330.30 CNY last Friday and up by 379.17 CNY or 36.50% from 1039.30 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 47 |
2.471 |
3.173 |
2.86 |
11.77 |
11.16 |
1418.47 |
|
Week 46 |
2.438 |
3.192 |
2.86 |
11.87 |
10.12 |
1330.30 |
|
M-o-M± |
0.033 |
-0.019 |
0 |
-0.1 |
1.04 |
88.17 |
|
M-o-M% |
1.4% |
-0.60% |
0.0% |
-0.8% |
10.3% |
6.6% |
|
Y-o-Y |
1.86 |
3.005 |
2.5 |
18.52 |
12.91 |
1039.3 |
|
Y-o-Y± |
0.611 |
0.168 |
0.36 |
-6.75 |
-1.75 |
379.17 |
|
Y-o-Y% |
32.8% |
5.6% |
14.4% |
-36.4% |
-13.6% |
36.5% |
Fig. : Hog Margins of Owned Piglet in China in 2020