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;
As of the evening of November 6, Muyuan Co.
, Ltd.
, Zhenghong Technology, Dongrui Co.
, Ltd.
, etc.
released October pig sales data, from the content of the announcement, October pig slaughter prices continued the previous high, breeding enterprise profits picked up significantly
.
In the opinion of analysts interviewed by the "Securities Daily" reporter, the current pig price is still at a high level, and the profit at the breeding end is considerable, but it is also recommended that breeding enterprises should pay attention to potential risks, choose the opportunity to go out of the slaughter, and do not blindly press the slaughter.
Hog sales price in October
Still high
According to the announcement of Muyuan shares, in October 2022, the company sold 4.
779 million pigs (including 185,000 piglets), with sales revenue of 14.
937 billion yuan; in October, the company's commodity pig prices showed an upward trend, and the average sales price of commercial pigs was 26.
05 yuan / kg, an increase of 12.
97%
over September.
According to the announcement of Zhenghong Technology, in October 2022, the company sold 06,000 pigs, with sales revenue of 14.
6351 million yuan, a decrease of 69.
56% and 68.
80% respectively from the previous month; year-on-year decrease of 83.
90% and 75.
77% respectively; From January to October 2022, the company sold a total of 140,300 pigs, a year-on-year decrease of 22.
74%; The cumulative sales revenue was 250.
9188 million yuan, a year-on-year decrease of 37.
59%, and the company said that the main reason for the year-on-year decrease in pig sales this month was the company's appropriate adjustment of production and operation plans, and the decrease in
the number of pigs slaughtered.
According to the announcement of Dongrui shares, in October 2022, the company sold a total of 53,300 pigs, including 35,800 commercial pigs, 16,300 piglets, and 01,100 culled breeding pigs, with sales revenue of 139 million yuan, an increase of 14.
62% month-on-month, and in October, the average sales price of the company's commercial pigs was 29.
43 yuan/kg, down 0.
47%
from the previous month.
Zhu Yuzhen, a pig analyst at Shanghai Steel Union Agricultural Products Division, introduced in an interview with a reporter from Securities Daily that from the current pig price, the breeding industry is in a high-profit mode, with an average profit of 1200 yuan / head to 1300 yuan / head.
"At present, the performance of the consumer side is weak, the operating rate of slaughterhouses has declined for several consecutive weeks after the National Day, and it is not as good as the same period, and there is macro control, and it is expected that pig prices will be adjusted
downward in a narrow range before late November.
" As the weather turns cold in the south, pickled enema drives consumption, and prices are expected to rise
from late November to December.
”
Lin Guofa, research director of Brake Agricultural Products Purchasing Network, said in an interview with the "Securities Daily" reporter that the average price of pigs in the third quarter of this year was 22.
40 yuan / kg, and a number of listed companies said in the early stage that with the improvement of breeding efficiency and breeding efficiency, the breeding cost dropped to 16 yuan / kg, and the breeding cost of individual listed enterprises was less than 16 yuan / kg, according to these data calculations, the breeding profit is very considerable
.
Businesses still need to pay attention
Potential risks
"According to recent surveys, the increase in pig prices in the third quarter was mainly affected by the excessive culling of sows in the third quarter of last year and the low survival rate of piglets in late 2021 and early 2022, but piglet production increased after March, and the piglet inventory increased
in late September and early October.
The main factors of the price increase also include the industry's promotion of secondary fattening and delayed slaughtering, resulting in a tight
supply of pigs in stages.
Lin Guofa told the "Securities Daily" reporter that in general, the current pig price is at a high level, the second fattening and delayed slaughter accumulate a lot of risks, the pig price has the possibility of falling, and breeding enterprises should reasonably arrange the slaughter
.
However, while releasing sales data, listed companies also remind consumers that large fluctuations (falling or rising) in pig market prices can have a significant impact
on the company's operating results.
Zhu Yuzhen told the "Securities Daily" reporter that the current breeding industry still needs to pay attention to some risk points, "At present, pig prices are still at a high level of shock, the breeding end is profitable, for the next market, most of the industry is optimistic, so the current retail pressure pen weight gain operation still exists, and the second fattening or even the third fattening of most of the pigs have not come out, need to be vigilant of the phenomenon
of pressing the pen and fattening pigs concentrated out of the slaughter.
" ”
In addition, because the breeding industry is a capital-intensive enterprise and the cyclical characteristics are more obvious, Lin Guofa suggested, "Enterprises should improve breeding efficiency, reduce breeding costs, share the average profits of the industry, reduce the pursuit of excessive profits in the short-term market, and then reduce the cost
that enterprises need to bear when judging pig prices wrongly.
" ”
;
;As of the evening of November 6, Muyuan Co.
, Ltd.
, Zhenghong Technology, Dongrui Co.
, Ltd.
, etc.
released October pig sales data, from the content of the announcement, October pig slaughter prices continued the previous high, breeding enterprise profits picked up significantly
.
.
In the opinion of analysts interviewed by the "Securities Daily" reporter, the current pig price is still at a high level, and the profit at the breeding end is considerable, but it is also recommended that breeding enterprises should pay attention to potential risks, choose the opportunity to go out of the slaughter, and do not blindly press the slaughter.
.
Hog sales price in October
October hog sales price October hog sales priceStill high
Still high, still highAccording to the announcement of Muyuan shares, in October 2022, the company sold 4.
779 million pigs (including 185,000 piglets), with sales revenue of 14.
937 billion yuan; in October, the company's commodity pig prices showed an upward trend, and the average sales price of commercial pigs was 26.
05 yuan / kg, an increase of 12.
97%
over September.
According to the announcement of Zhenghong Technology, in October 2022, the company sold 06,000 pigs, with sales revenue of 14.
6351 million yuan, a decrease of 69.
56% and 68.
80% respectively from the previous month; year-on-year decrease of 83.
90% and 75.
77% respectively; From January to October 2022, the company sold a total of 140,300 pigs, a year-on-year decrease of 22.
74%; The cumulative sales revenue was 250.
9188 million yuan, a year-on-year decrease of 37.
59%, and the company said that the main reason for the year-on-year decrease in pig sales this month was the company's appropriate adjustment of production and operation plans, and the decrease in
the number of pigs slaughtered.
According to the announcement of Dongrui shares, in October 2022, the company sold a total of 53,300 pigs, including 35,800 commercial pigs, 16,300 piglets, and 01,100 culled breeding pigs, with sales revenue of 139 million yuan, an increase of 14.
62% month-on-month, and in October, the average sales price of the company's commercial pigs was 29.
43 yuan/kg, down 0.
47%
from the previous month.
Zhu Yuzhen, a pig analyst at Shanghai Steel Union Agricultural Products Division, introduced in an interview with a reporter from Securities Daily that from the current pig price, the breeding industry is in a high-profit mode, with an average profit of 1200 yuan / head to 1300 yuan / head.
"At present, the performance of the consumer side is weak, the operating rate of slaughterhouses has declined for several consecutive weeks after the National Day, and it is not as good as the same period, and there is macro control, and it is expected that pig prices will be adjusted
downward in a narrow range before late November.
" As the weather turns cold in the south, pickled enema drives consumption, and prices are expected to rise
from late November to December.
”
.
Lin Guofa, research director of Brake Agricultural Products Purchasing Network, said in an interview with the "Securities Daily" reporter that the average price of pigs in the third quarter of this year was 22.
40 yuan / kg, and a number of listed companies said in the early stage that with the improvement of breeding efficiency and breeding efficiency, the breeding cost dropped to 16 yuan / kg, and the breeding cost of individual listed enterprises was less than 16 yuan / kg, according to these data calculations, the breeding profit is very considerable
.
40 yuan/kg
Businesses still need to pay attention
Businesses still have to pay attention to businesses still need to be concernedPotential risks
Potential risksPotential risks"According to recent surveys, the increase in pig prices in the third quarter was mainly affected by the excessive culling of sows in the third quarter of last year and the low survival rate of piglets in late 2021 and early 2022, but piglet production increased after March, and the piglet inventory increased
in late September and early October.
The main factors of the price increase also include the industry's promotion of secondary fattening and delayed slaughtering, resulting in a tight
supply of pigs in stages.
Lin Guofa told the "Securities Daily" reporter that in general, the current pig price is at a high level, the second fattening and delayed slaughter accumulate a lot of risks, the pig price has the possibility of falling, and breeding enterprises should reasonably arrange the slaughter
.
.
However, while releasing sales data, listed companies also remind consumers that large fluctuations (falling or rising) in pig market prices can have a significant impact
on the company's operating results.
Zhu Yuzhen told the "Securities Daily" reporter that the current breeding industry still needs to pay attention to some risk points, "At present, pig prices are still at a high level of shock, the breeding end is profitable, for the next market, most of the industry is optimistic, so the current retail pressure pen weight gain operation still exists, and the second fattening or even the third fattening of most of the pigs have not come out, need to be vigilant of the phenomenon
of pressing the pen and fattening pigs concentrated out of the slaughter.
" ”
In addition, because the breeding industry is a capital-intensive enterprise and the cyclical characteristics are more obvious, Lin Guofa suggested, "Enterprises should improve breeding efficiency, reduce breeding costs, share the average profits of the industry, reduce the pursuit of excessive profits in the short-term market, and then reduce the cost
that enterprises need to bear when judging pig prices wrongly.
" ”
