Today is 12/23/2024
I. Hog Price
This week (November 23rd-27th), hog price in China goes up nationwide. And the average price index nationwide is 30.82 CNY/kg, an increase of 1.23 CNY/kg or 4.20% versus 29.59 CNY/kg in the previous week, and a drop of 1.16 CNY/kg or 3.60% compared with 31.98 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 1632.55 CNY per head nationwide, up 214.08 CNY or 15.10% from 1418.47 CNY last Friday and up 677.27 CNY or 70.90% from 955.28 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 48 |
2.502 |
3.149 |
2.87 |
12.11 |
10.56 |
1632.55 |
|
Week 47 |
2.471 |
3.173 |
2.86 |
11.77 |
11.16 |
1418.47 |
|
M-o-M± |
0.031 |
-0.024 |
0.01 |
0.34 |
-0.6 |
214.08 |
|
M-o-M% |
1.3% |
-0.76% |
0.3% |
2.9% |
-5.4% |
15.1% |
|
Y-o-Y |
1.85 |
2.956 |
2.49 |
17.01 |
12.65 |
955.28 |
|
Y-o-Y± |
0.652 |
0.193 |
0.38 |
-4.9 |
-2.09 |
677.27 |
|
Y-o-Y% |
35.2% |
6.5% |
15.3% |
-28.8% |
-16.5% |
70.9% |
Fig. : Hog Margins of Owned Piglet in China in 2020