The five major pig companies’ strategies for slaughtering pigs in August, some guarantee performance, some rush sales, Wen's, and New Hope

　　The bottom of the pig cycle has not yet arrived.
Some big pig companies have guaranteed performance and some have sold sales.
ZSG China Feed Industry Information Network-Based on feed, serving animal husbandry

　　The live pig sales briefings of major pig companies have been released one after another.
At the stage of continuous downturn in pig prices, what measures these leading companies take to "overcome the difficulties" has attracted everyone's attention
.
ZSG China Feed Industry Information Network-Based on feed, serving animal husbandry

ZSG China Feed Industry Information Network-Based on feed, serving animal husbandry

　　Muyuan's sales of live pigs in August were 2.
573 million (including 156,000 piglets), an increase of 57.
5% year-on-year, and Muyuan's sales of live pigs in August were the lowest since March
.
However, from January to August, Muyuan has sold a total of 23.
02 million live pigs during the year, far exceeding the sales level of 18.
11 million in 2020
.
ZSG China Feed Industry Information Network-Based on feed, serving animal husbandry

　　Muyuan shares achieved sales revenue of 4.
234 billion yuan in August, a decrease of nearly 1 billion yuan from July
.
In the first eight months of this year, from January to August of this year, the company's animal husbandry native pig sales revenue totaled 49.
190 billion yuan, a year-on-year increase of 50.
7%.
The fast-climbing pig production capacity hedged the price decline to a certain extent
.
However, in July this year, Muyuan shares experienced a year-on-year negative growth in sales revenue for the first time, and the year-on-year decline in August was even more severe
.
ZSG China Feed Industry Information Network-Based on feed, serving animal husbandry

　　Although the number of pigs sold by Zhengbang Technology declined to a certain extent in August, it still remained at a high level, and the number of pigs sold in the first eight months exceeded 10 million
.
Sales of 1.
7116 million live pigs in August were down 2.
25% month-on-month and up 59.
79% year-on-year; sales revenue was 2.
858 billion yuan, down 13.
42% month-on-month and 26.
13% year-on-year
.
From January to August, the company sold a total of 10.
459,500 live pigs, a year-on-year increase of 122.
14%; cumulative sales revenue was 23.
898 billion yuan, a year-on-year increase of 34.
93%
.
ZSG China Feed Industry Information Network-Based on feed, serving animal husbandry

　　The rapid expansion of New Hope Liuhe’s pig business also brought some adverse effects.
However, they actively adjusted the pace of development and stopped outsourcing piglets when pig prices were low, while improving efficiency and reducing costs.
After three months of slowing down in June and July, in August, the slaughter of pigs continued to maintain a substantial increase from the previous month
.
Sales of live pigs in August were 779,700, a month-on-month increase of 22.
83% and a year-on-year increase of 14.
90%; revenue was 1.
257 billion yuan, a month-on-month increase of 11.
83%, and a year-on-year decrease of 46.
42%; the average sales price of commercial pigs was 14.
46 yuan/kg, a month-on-month decrease of 6.
59%, and year-on-year A decrease of 58.
93%
.
ZSG China Feed Industry Information Network-Based on feed, serving animal husbandry

　　Wen's and Tianbang's August slaughter pigs are also "compensated by volume".
The number of Wen's slaughter pigs in August also set a new high in two years.
Tianbang's August pig slaughter volume is the highest this year since February.

.
ZSG China Feed Industry Information Network-Based on feed, serving animal husbandry

　　Will the price of live pigs fall again this year? An agricultural industry analyst said that the bottom of this round of pig cycle has not been seen, and the bottom of pig prices should appear next year, but it is unlikely that pig prices will hit a new low this year
.
ZSG China Feed Industry Information Network-Based on feed, serving animal husbandry

　　"The bottom of this round of pig cycle has not yet arrived.
From now to the end of next year, the overall trend of live pig prices is falling
.
However, due to seasonal factors, the breeding efficiency, supply and demand changes, and the decline process is relatively turbulent
.
" At this stage, how the large-scale breeding of listed pig companies can avoid the situation of more selling and losing money through effective cost control will directly affect the performance of the whole year.
The larger the number of pig companies, the more test the company’s consumption in the low and peak seasons.
Distribution plan for the column
.
"ZSG China Feed Industry Information Network-Based on feed, serving animal husbandry

　　Some pig companies switched tracks to increase food layoutZSG China Feed Industry Information Network-Based on feed, serving animal husbandry

　　The drop in pig prices and the loss of pig raising have caused Wen, Tang Renshen, Shuanghui, and New Hope to enter the food industry and continue to cultivate, making the food business an important profit channel
.
ZSG China Feed Industry Information Network-Based on feed, serving animal husbandry

　　Tang Renshen: Invest 200 million yuan to gradually extend to downstream industriesZSG China Feed Industry Information Network-Based on feed, serving animal husbandry

　　Tang Renshen recently issued an announcement that it plans to invest in the establishment of Guangdong Tang Renshen Industry Development Co.
, Ltd.
The company will invest RMB 200 million with its own funds, and the company holds 100% of its shares
.
Tang Renshen said that benefiting from multiple factors such as population, economy, and transportation, the price of pigs in Guangdong Province is higher, and the cost of raw materials is relatively low.
The company actively adjusts its development strategy, integrates existing industrial resources such as feed and breeding in Guangdong Province, and implements sub-groups.
We will speed up the construction of production capacity in Maoming, Shaoguan, Foshan, Yunfu and other regions, and gradually extend to downstream industries, continue to expand the scale of the industry, and form a competitive advantage in the entire industry chain of feed, aquaculture, and meat processing
.
ZSG China Feed Industry Information Network-Based on feed, serving animal husbandry

　　Wen's: Going deep into the food side and transforming into a food-based enterpriseZSG China Feed Industry Information Network-Based on feed, serving animal husbandry

　　As a leading enterprise in the aquaculture industry, Wen's Co.
, Ltd.
already owns four brands of Wen's Food, Wen's Tianlu, Wen's Jiawei, Wen's Dairy & Wen's Ranch
.
ZSG China Feed Industry Information Network-Based on feed, serving animal husbandry

　　The relevant person in charge of Wen's said that Wen's itself is facing the need for transformation.
Wen's has always focused on the breeding side.
Now he wants to go deeper into the development of the food side and transform from a production-oriented company to a food-oriented company.
Expansion of business from fine segmentation to pre-made dishes to leisure products, etc.
This is Wen's current overall strategic development direction
.
ZSG China Feed Industry Information Network-Based on feed, serving animal husbandry

　　New Hope: 90% of hot pot companies are our customersZSG China Feed Industry Information Network-Based on feed, serving animal husbandry

　　In the latest semi-annual report of New Hope, its food industry analysis is that the profit attributable to the mother is 70 million, which has more than doubled year-on-year, mainly due to the growth of slaughter and cooked food business
.
Although the food sector is relatively small in size, its revenue and profit have both increased year-on-year; the growth factor is mainly due to its deep cultivation in the food industry:ZSG China Feed Industry Information Network-Based on feed, serving animal husbandry

　　1.
Outstanding products-the annual sales revenue of small crispy meat last year was 560 million, and the single product sales revenue in the first half of this year was 440 million, a year-on-year increase of 180%.
The annual sales revenue is expected to be around 900 million; The income of 70 million yuan is expected to exceed 100 million yuan for the whole year
.
ZSG China Feed Industry Information Network-Based on feed, serving animal husbandry

　　2.
Hot pot track.
Since the hot pot track in the food industry was proposed last year and this year, 90% of the top 100 hot pot companies in the country are our customers
.
ZSG China Feed Industry Information Network-Based on feed, serving animal husbandry

　　3.
In the group meal business this year, the business volume has increased by nearly 280%, and the revenue is more than 200 million yuan.
The current trend seems to be very good; in terms of the to C product channel, the KA team has been established to do the corresponding promotion
.
In terms of channels and new tracks, there was a significant increase; profits and revenue also increased significantly.
The food industry was generally good in the first half of the year
.
ZSG China Feed Industry Information Network-Based on feed, serving animal husbandry