Hog price was 18.52 yuan per kg, decreased from last week.
By CnAgri2016-08-30 14:34:52
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(1) On August 26, 2016, the average wholesale price of pig carcass in 36 large and medium-sized cities was 25.16 RMB/kg, down by 0.12% from last week. In this week, the price of hog is 18.52 RMB/kg, down by 0.54% 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 6.21 and ratio between hog price and corn price was 9.60.
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 was703.29 RMB/Head, 16.54 RMB/Head less than last week; and gross profit of hogs from others-raising-piglet was 275.24 RMB/Head, 12.07 RMB/Head less than last week.
Slaughter link: the gross profit of slaughtering enterprises, the ones on slaughtering bought hogs but not as agents, was 98.14 RMB/Head, 6.38 RMB/Head more than last week.
Wholesale link of pork: the gross profit was 56.98 RMB/Head, 2.31 RMB/Head more than last week.
Retail link of pork: the gross profit was about RMB 350.35 RMB/ Head, 2.31 RMB/Head more than last week.
Figure 2, Profit on Hog Breeding Industry Chain
If you need to see more data please feel free to contact with me .
this news is published by China livestock industry market weekly report .
Email : lili.yang@boabc.com
Tel:86-10-64403015
If you need to see more data please feel free to contact with me .
this news is published by China livestock industry market weekly report .
Email : lili.yang@boabc.com
Tel:86-10-64403015
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