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December 23, 2008
 
China Live Hog Weekly: Undersized hog supplies dampen prices (week ended Dec 22, 2008)

 

An eFeedLink Exclusive

 

 

Price summary

 

Hog prices were lower in most regions.
 

 

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 

10.00

13.00

13.57

10.30

13.30

13.87

-0.30

Henan 

9.44

12.96

12.94

10.00

13.40

13.50

-0.56

East China 

Shandong 

9.30

12.41

12.93

9.60

12.71

13.26

-0.33

Jiangsu 

9.65

12.70

13.45

9.85

12.90

13.65

-0.20

Mid China

Hunan 

9.65

12.80

13.83

9.95

13.10

14.13

-0.30

South China 

Guangxi

10.00

13.50

13.90

10.30

13.80

14.22

-0.32

Guangdong 

10.25

13.58

13.96

10.65

13.98

14.34

-0.38

Southwest China 

Sichuan 

11.16

14.35

14.10

11.40

14.60

14.35

-0.25


 

Market analysis

 

Hogs lighter than the standard weight of 100kg were prevalent in the market as swine farms faced shortages of large hogs.

 

Hog prices weakened as a result - a sign that this year's pre-Spring Festival demand might not be especially strong due to the economic slowdown.

 

Market forecast
 

Hog prices are seen weaker in the near term due to slack demand and a lack of standard-sized hogs.

 

RMB1= US$0.1460 (Dec 23)

 


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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