Hog price has been 20.86 yuan per kg and it is hard to rise greatly owing to the recovery of inventory.

By CnAgri2016-05-19 14:47:34 Print IF you are interested in the data , please feel free to contact with me  ,  my email is : lili.yang@boabc.com  my phone number is 86-01-64403015


(1) On May 13, 2016, the average wholesale price of pig carcass in 36 large and medium-sized cities was 26.55 RMB/kg, up by 0.15% from last week. In this week, the price of hog is 20.86 RMB/kg, down by 0.62% from last week.
Figure 1, China Weekly Wholesale Prices of Pork Side in 36 Large Cities, 2014-2016

Source: BOABC database
(2) During the past week, ratio between hog price and feed price was 7.10 and ratio between hog price and corn price was 11.43.
 
The profit of each link of China’s Hog breeding industry in last week was as follows:
 
Breeding link: the gross profit of hogs from self-raising-piglet was 974.91 RMB/Head, 15.25 RMB/KG less than last week; and gross profit of hogs from others-raising-piglet was 472.96 RMB/Head, 38.36 RMB/KG more than last week.
Slaughter link: the gross profit of slaughtering enterprises, the ones on slaughtering bought hogs but not as agents, was -0.31 RMB/Head, 26.87 RMB/kg more than last week.
Wholesale link of pork: the gross profit was 5.06 RMB/Head, 9.49 RMB/KG less than last week.
Retail link of pork: the gross profit was about RMB 334.02 RMB/ Head, 15.80 RMB/KG more than last week.
Figure 2, Profit on Hog Breeding Industry Chain

Source: BOABC database