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Weekly Hog Price and Breeding Margins in China (Week 49, 2020)

2020-12-07 www.cofeed.com

I. Hog Price

 

This week (Nov 30th-Dec 4th), hog price in China goes up nationwide. And the average price index nationwide is 33.62 CNY/kg, an increase of 2.80 CNY/kg or 9.10% versus 30.82 CNY/kg in the previous week, and a drop of 1.39 CNY/kg or 4.00% compared with 35.01 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 2032.65 CNY per head nationwide, up 400.10 CNY or 24.50% from 1632.55 CNY last Friday and up 715.28 CNY or 54.30% from 1317.37 CNY a year earlier.

 

Table: Feedstuff Price and Breeding Margins (Unit: CNY/kg, CNY/Hog)

Time
/Products

Corn (CNY/kg)

Soybean Meal (CNY/kg)

Compound Feed (CNY/kg)

Hog
/Corn

Hog
/Feed

Margins (CNY/head)

Week 49

2.547

3.066

2.9

13

11.42

2032.65 

Week 48

2.502

3.149

2.87

12.11

10.56

1632.55 

M-o-M±

0.045

-0.083

0.03

0.89

0.86

400.1

M-o-M%

1.8%

-2.64%

1.0%

7.3%

8.1%

24.5%

Y-o-Y

1.834

2.948

2.48

18.81

13.93

1317.37

Y-o-Y±

0.713

0.118

0.42

-5.81

-2.51

715.28

Y-o-Y%

38.9%

4.0%

16.9%

-30.9%

-18.0%

54.3%

 

Fig. : Hog Margins of Owned Piglet in China in 2020