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.

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

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

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.

Zhitong FinanceOct 31 20:15

Donghai Securities: It is expected that pork prices will remain robust in the fourth quarter, and the performance of pig enterprises will improve season by season. The industry is entering a phase of profit realization.

Sow inventory began to decline from January 2023, leading to a gradual reduction in current supply pressure. With limited short-term supply increase and seasonal improvement in consumer demand, it is expected that pork prices will remain prosperous in the fourth quarter, with pig performance improving seasonally, and the industry entering a phase of profit realization.

Zhitong FinanceOct 24 11:07