Today is 04/26/2024
I. Hog Price
This week (Dec 7-11), hog price in China goes up nationwide. And the average price index nationwide is 32.82 CNY/kg, a decrease of 0.80 CNY/kg or 2.40% versus 33.62 CNY/kg in the previous week, and a drop of 0.60 CNY/kg or 1.80% compared with 33.42 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 1894.34 CNY per head nationwide, down 138.31 CNY or 6.80% from 2032.65 CNY last Friday and up 759.55 CNY or 66.90% from 1134.79 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 50 |
2.552 |
3.030 |
2.91 |
12.66 |
11.1 |
1894.34 |
|
Week 49 |
2.547 |
3.066 |
2.9 |
13 |
11.42 |
2032.65 |
|
M-o-M± |
0.005 |
-0.036 |
0.01 |
-0.34 |
-0.32 |
-138.31 |
|
M-o-M% |
0.2% |
-1.17% |
0.3% |
-2.6% |
-2.8% |
-6.8% |
|
Y-o-Y |
1.83 |
2.855 |
2.45 |
17.98 |
13.44 |
1134.79 |
|
Y-o-Y± |
0.722 |
0.175 |
0.46 |
-5.32 |
-2.34 |
759.55 |
|
Y-o-Y% |
39.5% |
6.1% |
18.8% |
-29.6% |
-17.4% |
66.9% |
Fig. : Hog Margins of Owned Piglet in China in 2020