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October 20, 2011


China Live Hog Weekly: Market faces renewed disease threats (week ended Oct 19, 2011)

 

An eFeedLink Exclusive
 

 

Price summary

 

Hog prices were lower.

 

 

Region

Province

Lowest price this week

Highest price this week

Average price this week

Lowest price last week

Highest price last week

Average price last week

Changes

North China

Hebei

18.10

18.70

18.34

18.40

19.10

18.80

-0.46

Henan

18.30

18.70

18.48

18.70

19.10

18.87

-0.29

East China

Shandong

17.90

18.60

18.26

18.30

18.90

18.64

-0.38

Jiangsu

17.90

19.10

18.64

18.50

19.60

18.94

-0.30

Central China

Hunan

19.10

19.50

19.24

19.20

19.60

19.38

-0.14

South China

Guangxi

19.30

19.60

19.39

19.30

19.70

19.52

-0.13

Guangdong

18.80

20.10

19.42

19.10

20.50

19.80

-0.38

Southwest China

Sichuan

20.30

20.70

20.42

20.40

20.70

20.66

-0.24

(All prices in RMB/kg)
RMB1= US$0.1567 (October 20)
                                                                                             

 
 
Market analysis

 

China was recently hit by a wave of hog disease outbreaks, with bocavirus-induced diarrhea decimating scores of piglets in the south, while northern regions were plagued by the recurrence of food-and-mouth diseases and swine fever.

 

Hog prices tumbled over the week following an influx of diseased hogs onto the market.

 

 

Market forecast
 

In the near term, mass releases of hogs in several disease-hit regions may drag hog prices down even as pork consumption is set to improve.

 


eFeedLink offers monthly China hog and poultry market trackers, including analyses and on-the-ground information from Guangxi, Guangdong, Hunan, Hubei, Sichuan, Jiangsu, Henan, Shandong, Hebei and the whole of China. These provinces cover at least 70% of the total hog, poultry and related feed production or consumption in China. For more information, visit: http://www.efeedlink.com/eFLResearch


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