In August, pig enterprises sold 8.58 million pigs, and their income soared by 80%, and the production capacity of Makihara reached 75 million heads, accounting for 11% of the country

According to the monitoring of the Ministry of Agriculture and Rural Affairs, from August 29 to September 4, 2022, the average purchase price of pigs in pig designated slaughtering enterprises above designated size in the country was 23.

On July 4, the National Development and Reform Commission organized a meeting of 10 enterprises such as China Animal Husbandry Association, Meat Association, Makihara Shares, Wen's Shares, New Hope, Tianbang Shares, Shuanghui Development, Yurun Food, Jinluo, and Beijing Ershang Company, and pointed out that the current pig production capacity is generally reasonable and sufficient, coupled with the lack of consumption, pig prices do not have the basis for
sustained and substantial increases.
At the same time, it is clearly stated that effective measures such as reserve adjustment and supply and demand adjustment will be taken in a timely manner to prevent the price of live pigs from rising too quickly, and will work with relevant departments to strengthen market supervision and severely punish illegal acts
such as fabricating and disseminating price increase information and price gouging.
yzv China Feed Industry Information Network - based on feed, serving animal husbandry

Makihara, Wen's, New Hope, Dabeinong and other pig enterprises continued to increase in August, and their revenue rose sharply year-on-year yzv China Feed Industry Information Network - based on feed, serving animal husbandry

yzv China Feed Industry Information Network - based on feed, serving animal husbandry

From the above table, we can also see that the 9 major pig enterprises with known data at present sold a total of 8.
58 million pigs in August, and the sales revenue of Makihara, Wen's, New Hope Liuhe and Dongrui Shares in August increased by 80% year-on-year, of which Makihara's revenue nearly quadrupled
.
yzv China Feed Industry Information Network - based on feed, serving animal husbandry

Pig enterprises continue to increase production capacity layout yzv China feed industry information network in the next two years - based on feed, serving animal husbandry

Makihara took the lead in announcing that with the recovery of pig prices in the early stage, the company's cash flow continued to improve, and the company resumed construction of a small part of the breeding projects, involving a breeding capacity of about 3 million heads, and it is expected that the company's pig breeding capacity will reach about 75 million heads by the end of this year! Once the production capacity of Makihara's 75 million heads is realized, it means that only one pig enterprise can occupy 11.
17% of the national pig market! yzv China Feed Industry Information Network - based on feed, serving animal husbandry

In addition, the targets of pig companies such as Wen's, Tang Renshen, Aonong, Jingji Zhinong, and Dongrui have all been improved
.
yzv China Feed Industry Information Network - based on feed, serving animal husbandry

Wen's preliminary plan for 2022 is 18-20 million heads, and next year it will increase by 8-10 million heads
.
yzv China Feed Industry Information Network - based on feed, serving animal husbandry

Tang Renshen is expected to produce about 2 million heads this year, and plans to sell 3.
5 million heads in 2023, which will be increased to 5 million heads
in 2024.
yzv China Feed Industry Information Network - based on feed, serving animal husbandry

Aonon Bio plans to produce 8 million heads in 2023 and 10 million heads
in 2024.
yzv China Feed Industry Information Network - based on feed, serving animal husbandry

Dongrui plans to produce about 1.
2 million heads in 2023 and 1.
8 million heads in 2024, so as to achieve a 3-year output of
2 million heads.
yzv China Feed Industry Information Network - based on feed, serving animal husbandry

Shennong Group plans to produce 1 million heads this year and 1.
5 million heads
in 2023.
yzv China Feed Industry Information Network - based on feed, serving animal husbandry

Kingkey Zhinong plans to produce more than 2 million heads
in 2023.
yzv China Feed Industry Information Network - based on feed, serving animal husbandry

Coupled with Zhengbang's plan to produce 10 million pigs this year, according to the Estimation of 671 million pigs released by the Ministry of Agriculture and Rural Affairs in 2021, only the above pig enterprises can occupy 17% of the national market! yzv China Feed Industry Information Network - based on feed, serving animal husbandry

So, will pig prices in 2023 be better than this year? yzv China Feed Industry Information Network - based on feed, serving animal husbandry