The performance of pig raising companies in the third quarter will be at the bottom of the pig price or next year...

As the price of pork continues to fall, some netizens said that "braised pork, pork rib soup, and sweet and sour pork must be arranged.

Pig-raising companies have suffered losses in the third quarter

Wen's shares are not alone in the terrible third-quarter report

Judging from the 16 pig industry companies that have disclosed their performance, only Dawnrays, Pengdu Agriculture and Animal Husbandry, Longda Meat, and Delis profited slightly in the third quarter, while the other 12 companies all suffered losses

Why did the listed pig raising companies change their performance in the third quarter? The sharp drop in domestic pig market prices is the biggest reason

However, in the context of high pig prices, a large amount of domestic and foreign capital has entered the pig industry, and the substantial increase in production capacity has put greater pressure on the price of pigs

Zhengbang Technology said that during the reporting period, the sharp decline in domestic pig market prices had a greater impact on the company's production and operation performance, resulting in performance pressure

This year, the price of live pigs has dropped a record

How bad has the price of live pigs fallen? According to data from the China Animal Husbandry Information Network, as of October 8, the national average price of live pigs fell to below 11 yuan/kg, and the industry fell into a deep loss state.

The ratio of the price of live pigs to the price of corn (i.

The continuous drop in live pig prices also keeps the market's pork prices down

At the same time, fresh food e-commerce platforms have also launched a "promotional" model

When will this pig cycle end?

It is worth noting that data from the China Animal Husbandry Information Network shows that as of October 15, the average price of live pigs in 22 provinces and cities has rebounded to 12 yuan per kilogram, which is the first time that the price of live pigs has rebounded in the past three months

The rebound in live pig prices has a great relationship with the central reserve pork purchasing and storage work

Can the rise in live pig prices continue? When is the end of this "pig cycle"? In this regard, Pacific Securities believes that pig prices have rebound momentum and are expected to move closer to the cost line.

Looking through the historical data of the China Animal Husbandry Information Network, it is not difficult to find that the latest price of live pigs has fallen into the historical low range.

At the same time, pork prices have rebounded, and the average piglet price has shown no signs of recovery