Today is 10/04/2024
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 |
Corn (CNY/kg) |
Soybean Meal (CNY/kg) |
Compound Feed (CNY/kg) |
Hog |
Hog |
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