Hog prices are 16.51yuan/kg in this week, down 2.08% from last week

By CnAgri2017-03-09 09:38:00 Print

(1) On March 3rd, 2017, the average wholesale price of pork carcass was 23.02yuan/kg in 36 large and medium-sized cities in China, decreasing 0.52% from last week. Hog prices are 16.51yuan/kg in this week, down 2.08% from last week.

Hog prices dropped in this week, the purchase volume of slaughterhouses was relatively stable. The average price of fattened foreign ternary hogs for slaughtering was 16.51yuan/kg nationwide; the highest price was 17.34yuan/kg in Sichuan, while the lowest price was 15.62yuan/kg in Liaoning.

Due to an increase in supply, hog prices possibly would drop slightly and range at 16.20-16.50 RMB/kg.

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 512.63 RMB/Head, down 36.01 RMB/Head than last week; and gross profit of hogs from others-raising-piglet was 137.54 RMB/Head, decreasing 45.28 RMB/Head than last week.

Slaughter link: the gross profit of slaughtering enterprises, the ones on slaughtering bought hogs but not as agents, was 190.65 RMB/Head, up 22.33 RMB/Head than last week.

Wholesale link of pork: the gross profit was 20.79 RMB/Head, increasing 6.93 RMB/Head than last week.

Retail link of pork: the gross profit was about RMB 389.62 RMB/ Head, decreasing 7.07RMB/Head than last week.