Changes in the pig industry! Did “cost reduction” become a winner or lose, and the profit improvement of listed pig companies exceeded expectations?

Due to the dual effects of higher pork prices and lower costs, the profit situation of listed pig companies is rapidly improving.

Zhitong FinanceDec 11 21:21

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.

cls.cnDec 11 15:39

One picture to understand | The list of bull and bear stocks in Hong Kong stocks for November is out! AI application stocks have surged, mobvista has risen by 300% this month.

Entering the Middle Eastern market! dalipal hldg has seen a monthly increase of over 80%, and will partner with Saudi Aramco to build a production base in the Middle East.

Futu NewsNov 30 10:57

One week outlook | Fed meeting minutes with October PCE coming! Dell, Meituan performance successively revealed.

On November 28, the US stock market was closed for Thanksgiving, and on November 29, it closed three hours early; China's official manufacturing PMI for November will be announced on Saturday.

Futu NewsNov 24 18:17 · Exclusive

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.

Zhitong FinanceNov 13 20:45

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.

cls.cnNov 4 21:36