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The pig industry is undergoing changes! "Cost reduction" has become the key to success or failure. Are publicly listed pig companies experiencing better-than-expected profit improvements?
Under the dual effect of rising Pork prices and falling costs, the profitability of listed pig farming companies is rapidly improving.
Pork company sales "sprint": More than 70% of the sales target completion rate exceeds 90%. December may continue to increase volume | Industry news.
① As of the end of November, over 70% of listed pork enterprises have exceeded 90% of their target for livestock output; ② Currently, smallholders and group pig farms are accelerating their output, leading to increased market supply of Pork, with limited strength in Animal Slaughter consumption, resulting in pork prices falling below 8 yuan; ③ The output of live pigs is expected to continue increasing in December.
Hong Kong suspends the import of poultry and poultry products from certain regions of the usa.
On November 25, Greater China announced that the Food Safety Center of the Hong Kong Special Administrative Region's Food and Environmental Hygiene Department, based on a notification from the World Organization for Animal Health, the high-pathogenic H5N1 avian influenza has broken out in Henry County, Illinois, USA, and Stanislaus County, California, USA. The center immediately instructed the industry to suspend the import of poultry meat and poultry products (including poultry eggs) from the aforementioned areas to ensure the health of the Hong Kong public.
Pork prices have fallen for three consecutive months. Has the economic cycle failed?
Recently, pork prices have shown a continuous downward trend, and the industry’s prosperity cycle not only failed to continue but is also showing signs of gradual collapse. The Wind Pork Industry Index has significantly underperformed the market.
Costs for 90% of pig enterprises have dropped to the range of 14 yuan: many companies say there is still room for cost reduction. Will profits stabilize next year? | Industry Observation
1. The cost of 90% of the listed pig companies has dropped to the range of 14 yuan per kilogram, including five companies such as Sunlon, Muyuan Foods, and Wens Foodstuff Group, which have dropped to the range of 13 yuan per kilogram; 2. Several listed pig companies have indicated that there is still some room for cost reduction in the fourth quarter and next year; 3. Industry insiders believe that the cost reduction achievements have become a moat for the long-term development of pig companies, helping companies expand their profit margins and enhance their risk resistance capabilities.
central china: Focus on the improvement of the fundamentals of meat products brought by the rebound in pork prices.
central china Securities released research reports stating that in 2024, based on the market innovation vitality of emerging categories, central china Securities recommends focusing on the following sectors: health products, soft drinks, baking, snacks, and other wines.
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