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    Home > Active Ingredient News > Feed Industry News > Muyuan has sold 13.96 million live pigs in the first five months!

    Muyuan has sold 13.96 million live pigs in the first five months!

    • Last Update: 2021-06-10
    • Source: Internet
    • Author: User
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       Recently, Muyuan Co.
    , Ltd.
    released a live pig sales briefing for May.
    Muyuan sold 3.
    097 million live pigs in May, with an average sales price of 17.
    65 yuan/kg, down 16.
    39% from April 2021.
    From January to May this year, Muyuan has sold 13.
    962 million live pigs.
    Regarding the future trend of pig prices, industry experts believe that attention should be paid to factors such as large fat slaughter, live pig supply and demand.
    In addition, the current high inventory of imported frozen meat is predicted to be around 1.
    7 million tons, which will inhibit the rebound of pig prices in the later period.
    2qU China Feed Industry Information Network-Based on feed, serving animal husbandry

    2qU China Feed Industry Information Network-Based on feed, serving animal husbandry

    Image source: May original pig sales briefing2qU China Feed Industry Information Network-Based on feed, serving animal husbandry

      Muyuan Food Co.
    , Ltd.
    (Muyuan shares, 002714) recently announced that in May, the company sold 3.
    097 million live pigs (including 338,000 piglets) and sales revenue of 6.
    78 billion yuan.
    The average sales price of the company's commercial pigs was 17.
    65 yuan/kg, down 16.
    39% from April 2021.
    2qU China Feed Industry Information Network-Based on feed, serving animal husbandry

      After the Spring Festival, the overall price of commercial pigs in my country has shown a downward trend.
    According to the latest monitoring data from the Ministry of Agriculture and Rural Affairs, pig prices have fallen for 18 consecutive weeks.
    2qU China Feed Industry Information Network-Based on feed, serving animal husbandry

      According to the joint monitoring by the Information Center of the Ministry of Agriculture and Rural Affairs and Shandong Zhuochuang Information Co.
    , Ltd.
    , in the 21st week of 2021 (that is, from May 24 to May 28, 2021), the total ex-factory price of lean white striped pork in 16 provinces (municipalities directly under the Central Government) The weekly average of the index was 23.
    08 yuan/kg, a decrease of 3.
    3% month-on-month and a year-on-year decrease of 39.
    3%, an increase of 5.
    5 percentage points from last week.
    2qU China Feed Industry Information Network-Based on feed, serving animal husbandry

      At the same time, the hog futures on the domestic futures market continued to fall sharply again.
    In the first week of June, the main contract 2109 was at the lowest price of 19,830 yuan/ton, a new low since its listing.
    2qU China Feed Industry Information Network-Based on feed, serving animal husbandry

      The reason why the price of live pigs has continued to fall recently is due to increased supply and sluggish demand.
    2qU China Feed Industry Information Network-Based on feed, serving animal husbandry

      The weekly monitoring report of the Ministry of Agriculture and Rural Affairs shows that farmers are worried about the market outlook and the pressure on slaughter has eased.
    Some large-scale farms have increased their slaughter volume to complete the monthly plan.
    The supply of live pigs has increased compared with last week.
    At the same time, terminal demand is still sluggish, and the pork sales market is fiercely competitive.
    As a result, the prices of live pigs and pork fell this week.
    2qU China Feed Industry Information Network-Based on feed, serving animal husbandry

      Li Guoxiang, a researcher at the Chinese Academy of Social Sciences, said on May 6 that pork production is expected to be about 50 million tons in 2021, an increase of about 8 million tons over 2020, and pork prices will continue to fall.
    "Driven by the total supply, in 2021, pork prices as a whole will show a trend of continuous decline in volatility.
    Sometimes they rise and sometimes fall, but overall, they should still fall.
    " Li Guoxiang said.
    2qU China Feed Industry Information Network-Based on feed, serving animal husbandry

      Regarding the future trend of pig prices, Li Xingbiao, an analyst at CITIC Futures, said that the following points should be paid attention to next: First, the rhythm of big fat production.
    The second fattening started at the end of March, and the calculations were carried out in May and June according to the cycle.
    Taking into account the company’s listing before the Dragon Boat Festival, it is expected that the market will still be large in the first and middle ten days of May and June, and the spot pressure will still be high.
    However, it is noted that the current market will be released.
    The average price continued to fall, and the amount of secondary fattening decreased month-on-month.
    It can be expected that the supply pressure from the average weight after July will be improved compared with the previous period.
    The second is the supply rhythm of live pigs.
    The piglet diarrhea in December last year and January and February this year and the damage to the stock of sows with piglets will affect the supply of pigs in July and August to a certain extent.
    The third is demand.
    In terms of seasonality, the current demand for live pigs is still in the off-season, and the demand is gradually improving in the second half of the year.
    In summary, it is expected that after this round of panic selling, the pig price may bottom out.
    2qU China Feed Industry Information Network-Based on feed, serving animal husbandry

      However, Li Xingbiao said that the rebound may be suppressed by the export of frozen meat.
    The current estimated inventory of imported frozen meat is around 1.
    7 million tons, and most of them are at a loss.
    According to traders, the price of pigs will reach 23-24 yuan/kg.
    It will be sold out in large quantities at 25-26 yuan/kg.
    From this perspective, even if there is a rebound in the later spot, the magnitude is relatively limited.
    2qU China Feed Industry Information Network-Based on feed, serving animal husbandry


       Recently, Muyuan Co.
    , Ltd.
    released a live pig sales briefing for May.
    Muyuan sold 3.
    097 million live pigs in May, with an average sales price of 17.
    65 yuan/kg, down 16.
    39% from April 2021.
    From January to May this year, Muyuan has sold 13.
    962 million live pigs.
    Regarding the future trend of pig prices, industry experts believe that attention should be paid to factors such as large fat slaughter, live pig supply and demand.
    In addition, the current high inventory of imported frozen meat is predicted to be around 1.
    7 million tons, which will inhibit the rebound of pig prices in the later period.
    2qU China Feed Industry Information Network-Based on feed, serving animal husbandry

    2qU China Feed Industry Information Network-Based on feed, serving animal husbandry

    Image source: May original pig sales briefing2qU China Feed Industry Information Network-Based on feed, serving animal husbandry

    Image source: Muyuan's May pig sales briefing.
    Image source: Muyuan's May pig sales briefing.
    Image source: Muyuan's May pig sales briefing.

      Muyuan Food Co.
    , Ltd.
    (Muyuan shares, 002714) recently announced that in May, the company sold 3.
    097 million live pigs (including 338,000 piglets) and sales revenue of 6.
    78 billion yuan.
    The average sales price of the company's commercial pigs was 17.
    65 yuan/kg, down 16.
    39% from April 2021.
    2qU China Feed Industry Information Network-Based on feed, serving animal husbandry

      After the Spring Festival, the overall price of commercial pigs in my country has shown a downward trend.
    According to the latest monitoring data from the Ministry of Agriculture and Rural Affairs, pig prices have fallen for 18 consecutive weeks.
    2qU China Feed Industry Information Network-Based on feed, serving animal husbandry

      According to the joint monitoring by the Information Center of the Ministry of Agriculture and Rural Affairs and Shandong Zhuochuang Information Co.
    , Ltd.
    , in the 21st week of 2021 (that is, from May 24 to May 28, 2021), the total ex-factory price of lean white striped pork in 16 provinces (municipalities directly under the Central Government) The weekly average of the index was 23.
    08 yuan/kg, a decrease of 3.
    3% month-on-month and a year-on-year decrease of 39.
    3%, an increase of 5.
    5 percentage points from last week.
    2qU China Feed Industry Information Network-Based on feed, serving animal husbandry

      At the same time, the hog futures on the domestic futures market continued to fall sharply again.
    In the first week of June, the main contract 2109 was at the lowest price of 19,830 yuan/ton, a new low since its listing.
    2qU China Feed Industry Information Network-Based on feed, serving animal husbandry

      The reason why the price of live pigs has continued to fall recently is due to increased supply and sluggish demand.
    2qU China Feed Industry Information Network-Based on feed, serving animal husbandry

      The weekly monitoring report of the Ministry of Agriculture and Rural Affairs shows that farmers are worried about the market outlook and the pressure on slaughter has eased.
    Some large-scale farms have increased their slaughter volume to complete the monthly plan.
    The supply of live pigs has increased compared with last week.
    At the same time, terminal demand is still sluggish, and the pork sales market is fiercely competitive.
    As a result, the prices of live pigs and pork fell this week.
    2qU China Feed Industry Information Network-Based on feed, serving animal husbandry

      Li Guoxiang, a researcher at the Chinese Academy of Social Sciences, said on May 6 that pork production is expected to be about 50 million tons in 2021, an increase of about 8 million tons over 2020, and pork prices will continue to fall.
    "Driven by the total supply, in 2021, pork prices as a whole will show a trend of continuous decline in volatility.
    Sometimes they rise and sometimes fall, but overall, they should still fall.
    " Li Guoxiang said.
    2qU China Feed Industry Information Network-Based on feed, serving animal husbandry

      Regarding the future trend of pig prices, Li Xingbiao, an analyst at CITIC Futures, said that the following points should be paid attention to next: First, the rhythm of big fat production.
    The second fattening started at the end of March, and the calculations were carried out in May and June according to the cycle.
    Taking into account the company’s listing before the Dragon Boat Festival, it is expected that the market will still be large in the first and middle ten days of May and June, and the spot pressure will still be high.
    However, it is noted that the current market will be released.
    The average price continued to fall, and the amount of secondary fattening decreased month-on-month.
    It can be expected that the supply pressure from the average weight after July will be improved compared with the previous period.
    The second is the supply rhythm of live pigs.
    The piglet diarrhea in December last year and January and February this year and the damage to the stock of sows with piglets will affect the supply of pigs in July and August to a certain extent.
    The third is demand.
    In terms of seasonality, the current demand for live pigs is still in the off-season, and the demand is gradually improving in the second half of the year.
    In summary, it is expected that after this round of panic selling, the pig price may bottom out.
    2qU China Feed Industry Information Network-Based on feed, serving animal husbandry

      However, Li Xingbiao said that the rebound may be suppressed by the export of frozen meat.
    The current estimated inventory of imported frozen meat is around 1.
    7 million tons, and most of them are at a loss.
    According to traders, the price of pigs will reach 23-24 yuan/kg.
    It will be sold out in large quantities at 25-26 yuan/kg.
    From this perspective, even if there is a rebound in the later spot, the magnitude is relatively limited.
    2qU China Feed Industry Information Network-Based on feed, serving animal husbandry

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