The "cost war" intensified after the profit of listed pig companies rebounded...

In October, the live pig sales of listed pig companies such as Muyuan, New Hope, and Wen's shares reached a new peak.

Pig companies do not change the slaughter plan

In October of this year, the slaughter volume of listed pig companies reached a new peak

Kong Hailan, a researcher in the pig industry of the Everbright Futures Research Institute, told a reporter from China Business Daily: "The stock of reproductive sows also represents the production capacity of pigs

The current listed pig companies do not change the pace of expansion, and are still "selling with tears

Li Ming, a pig analyst at the Agricultural Products Division of Shanghai Iron and Steel Union, told a reporter from China Business Daily: "Most companies exceeded their slaughter plans for the month in October, which led to a reduction in the supply of slaughter pigs available in November

"Cost War" Escalation

Without changing the slaughter plan, the competition among listed pig companies in the "cost war" has also escalated

Compared with its competitors, Muyuan shares are still one step ahead by virtue of its cost advantage

The competition among listed pig companies in the "cost war" is fierce

"Enterprises who want to turn losses into profits or expand profitability will generally choose to reduce

Although the breeding end "recovers blood", the industry is still unspeakably optimistic

In October this year, the breeding end began to turn losses into profits, but this benefited from the rising price of live pigs, rather than cost control on the breeding end

According to the data from Shanghai Steel Union-My Agricultural Products Network, after entering October, the profit of self-raising and raising a live pig turned into a profit, from the lowest point of the year -565.

It is worth noting that in the face of rising live pig prices, the industry is hardly optimistic

The "pig cycle" has not yet reached the turning point, and the industry's loss-making situation may still be difficult to improve

"The company will continue to do a good job in all aspects of production and breeding, maintain the current production scale, improve efficiency, and reduce costs