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National Hog Price Weak to Stable

by 5m Editor
12 March 2010, at 10:48am

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.

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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