National Hog Price Weak to Stable
CHINA - Live hog farm prices averaged 9.82 RMB/kg nationally on 10 March, 0.04 RMB/kg higher than the day before. Among 13 major provinces reporting, prices climbed in six and fell in seven.
12 March 2010
1 minute read
Hog prices in North-East China averaged 8.66 RMB/kg, 0.28 RMB/kg lower than the day before; 10.04 in North China, 0.20 higher than the prior day; 9.74 in East China, 0.06 higher; 10.42 in Middle China, 0.32 higher; 10.52 in South China, 0.08 higher; 9.60 in South-West China, 0.54 lower.
Hog prices continued to climb slightly in Middle and East Coastal Regions, vibrated and went down in North-East and South-West Regions, according to the Devine Farmer Site.
In general, national hog prices continue to fluctuate and because of diseases and a long term bearish market, producers are sending high numbers to market.
At present the markets is seeing producers make a loss, but the outlook is for an up turn in the market as producers become less willing to sell.
Hog prices are expected to continue gently fluctuate.
| Pig Farm Prices in Major Provinces in China (RMB/kg LW) |
||||
|---|---|---|---|---|
| Region Province | 10 March | 9 March | Daily Change | Weekly Change |
| South-West Sichuan | 9.60 | 10.14 | -0.54 | 0.52 |
| South Guangdong | 11.02 | 10.52 | 0.52 | 0.58 |
| Guangxi | 10.04 | 10.38 | -0.36 | 0.24 |
| East Jiangsu | 9.12 | 9.14 | -0.02 | -0.2 |
| Anhui | 10.04 | 9.74 | 0.30 | 0.32 |
| Jiangxi | 10.80 | 9.50 | 1.30 | 0.50 |
| Middle Hunan | 10.08 | 10.02 | 0.06 | 0.12 |
| Hubei | 10.38 | 10.80 | -0.42 | 0.62 |
| North Henan | 9.94 | 9.76 | 0.18 | 0.28 |
| Shandong | 9.10 | 9.14 | -0.04 | -0.18 |
| Hebei | 9.72 | 9.54 | 0.18 | 0.00 |
| North-East Liaoning | 8.96 | 9.14 | -0.18 | -0.22 |
| Jilin | 8.46 | 8.78 | -0.30 | -0.76 |
| National Avg. | 9.82 | 9.78 | 0.04 | 0.04 |
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