Poultry
xClose

Loading ...
Swine
xClose

Loading ...
Dairy & Ruminant
xClose

Loading ...
Aquaculture
xClose

Loading ...
Feed
xClose

Loading ...
Animal Health
xClose

Loading ...
RSS
 
December 12, 2008
 
China Piglet Weekly: Piglet replenishment improves (week ended Dec 11, 2008)

 

An eFeedLink Exclusive
 

 

Price summary

 

Prices were higher in most regions.

 

Weekly transacted prices of piglets in China

Region

Provinces

Lowest price as of Dec 11

Highest price as of Dec 11

Average price (RMB/jin)

Lowest price as of Dec 4

Highest price as of Dec 4

Average price (RMB/jin)

Average price change (RMB/jin)

(RMB/jin)

(RMB/jin)

(RMB/jin)

(RMB/jin)

North China

Hebei

5.20

9.58

6.43

5.00

9.40

6.26

0.17

Henan

6.95

11.15

6.74

6.40

10.65

6.21

0.53

East China

Shandong

4.98

7.20

5.74

4.78

6.98

5.54

0.20

Jiangsu

4.80

7.20

6.20

4.55

6.95

5.98

0.22

Central China

Hunan

11.65

14.95

11.85

11.20

14.95

10.97

0.44

South China

Guangxi

11.00

14.29

12.12

10.45

14.29

11.08

0.54

Guangdong

11.90

14.85

13.95

10.80

14.85

11.30

1.32

Southwest China

Sichuan

6.95

9.62

6.90

6.90

9.62

6.87

0.02

(1 jin = 500g)
Note: Prices are provided by piglet wholesale markets and large farms in China. Prices are for piglets that weigh between 30-40 jin and are for reference only. 
RMB1=US$0.1456 (Dec 12)

 

Market analysis

 

Hog farms were replenishing more piglets as hog prices picked up while feed costs weakened.  Piglet prices rose consequently.


However, total swine numbers did not increase amid a shrinking sow inventory. Many small-scale and backyard farms who were not profitable did not replenish their inventories or quitted pig farming for good.

 
 

Market forecast

 

Piglet replenishment volumes are unlikely to increase significantly as increasing numbers of farmers have lost confidence in making any profit from hog rearing.


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


All rights reserved. No part of the report may be reproduced without permission from eFeedLink.

Share this article on FacebookShare this article on TwitterPrint this articleForward this article
Previous
My eFeedLink last read