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    Home > Food News > Food Articles > The loss of pig enterprises has become a common phenomenon, and the price of pigs in the third quarter may enter...

    The loss of pig enterprises has become a common phenomenon, and the price of pigs in the third quarter may enter...

    • Last Update: 2022-04-28
    • Source: Internet
    • Author: User
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    How long does it take for the entire industry to make money from almost lying down to a general loss? The answer for the pig industry is more than a year


    Some institutional analysis pointed out that the price of pigs may open a rising channel in the second half of the year, but it may bottom out again in the first half of the year


    Losses in pig-raising enterprises have become a common phenomenon

    On the afternoon of February 25, Haid Group (002311) released its 2021 performance report.


    According to the data, Haid Group's feed sales in 2020 will be 48.


    Under the background of the recession of the whole industry, the life of pig giants is not easy


    It is worth noting that even if the huge loss exceeds 10 billion yuan, Wen's shares are not the highest loss among the listed pig companies


    Among other listed pig companies, New Hope is expected to lose 8.


    The inflection point will arrive in the second half of this year at the earliest

    Where will pork prices go in the future? When will the inflection point of the pig cycle that pig companies have been waiting for?

    In this regard, the report released by Zhong Zhengsheng, chief economist of Ping An Securities and director of the China Chief Economist Forum, and his research team believe that in the short term, pork prices may bottom out again in the first half of this year


    However, for the argument that the price of pork will bottom again, Guohai Securities said that the price of pigs is in the process of bottoming out for the second time at the "W bottom", and the current downside of pig prices is very limited


    In the medium term, the above-mentioned report points out that there is a high probability that pork prices will rise in the second half of this year.


    As a player in the pig industry, Wen's shares have a similar view.


    However, the reporter just received a piece of good news: in the face of persistently low pig prices and large-scale loss-making pig enterprises, the state has finally taken action


    The National Development and Reform Commission said that in the next step, it will continue to work with relevant departments to do a good job in reserve adjustment, and if necessary, further increase the purchase and storage efforts to promote the smooth operation of the live pig market


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