New low in the past year!

As the price of pork returns to the era of 10 yuan +, the sales data of pig companies has gradually "stalled
.

According to statistics from the Beijing News Shell Finance and Economics reporter, as of May 10, 11 listed pig companies have disclosed their sales data for April this year
.

In April, "Pig Boss" Muyuan shares sold 3.
145 million pigs, an increase of approximately 11% month-on-month and an increase of approximately 152% year-on-year; sales revenue was 7.
924 billion yuan, an increase of approximately 12% month-on-month and an increase of approximately 99% year-on-year
.

It can be seen that Muyuan is able to achieve an increase in pig sales revenue, thanks to the increase in sales
.

It is worth mentioning that the overall price of commercial pigs in April showed an overall downward trend.
Muyuan was not spared.
Its average sales price of commercial pigs in April this year was 21.
11 yuan/kg, down 9.
05% from the previous month and 27.
46% from the same period last year
.

The reporter combed through the data for the most recent year and found that 21.
11 yuan/kg is already the lowest monthly average price of commodity pigs sold by Muyuan
.

The Shell Finance reporter learned that in 2020, Muyuan's annual full cost of commercial pigs will be more than 15 yuan, of which the production cost will be more than 13 yuan; in the first quarter of this year, the complete cost of Muyuan's stock will increase slightly compared with the whole year of last year, at about 16 yuan
.

At the end of last year, Muyuan said: “In the next 2-3 years, the price of live pigs will continue to fall as the supply increases.
It is expected that domestic live pig prices will remain at a relatively high level next year (2021).
Only by continuously reducing breeding costs can we withstand the downturn of the industry
.

In addition, in April this year, the average sales price of Jinxinnong's live pigs was 35.
19 yuan/kg (after excluding piglets and breeding pigs, the average price of commercial pigs was 22.
81 yuan/kg), a decrease of 34.
17% from the previous month and a year-on-year decrease of 37.
59%; the average sales of New Hope commercial pigs The price was 21.
56 yuan/kg, a month-on-month decrease of 8.
26% and a year-on-year decrease of 34.
43%; the average sales price of Zhengbang's commercial pigs (after deducting piglets) was 21.
36 yuan/kg, a year-on-year decrease of 14.
08%; the average sales price of Tianbang's commercial pigs was 23.
67 yuan/kg (The average price of commercial fat pigs is 21.
09 yuan/kg), a decrease of 18.
50% from the previous month
.

The price of pigs fell to the peak, and the stock price of pork concept stocks fell
.

As of the close of May 10, the total market value of 34 pork concept stocks has decreased by approximately 45.
667 billion yuan since the beginning of this year
.

Faced with the continued decline in pig prices in the market, listed pig companies have recently spoken out
.

On May 7, New Hope stated to the outside: “Regarding the price of pigs, from the perspective of supply, from December last year to the first quarter of this year, various large companies have been affected by the epidemic, including concentrated sales in March and April.
The concentration of small-weight pigs for slaughter has a relatively large impact.
Recently, the price of pigs has fallen below 20 yuan/kg, which is relatively large.
From the perspective of the cycle, it is expected that the price of pigs will rebound in the second half of the second quarter, corresponding to the epidemic loss and breeding pigs in the first quarter.
The subsequent decline in production capacity brought about by the elimination; from the demand side, there is a certain decline in demand.
According to 2017 and 2018, the overall consumption has declined
.

The sound of predicting a price rebound can be traced back to last month
.

On April 27, Dabeinong spoke to the outside world, saying that its attitude towards pig prices was still positive.
The reason was: “There was still a little epidemic in the Central Plains in the fourth quarter of last year and the first quarter of this year, and the situation is relatively serious.
It seems that the impact on fat pigs is relatively small, especially for the current period.
The epidemic situation has caused local pig prices to be lower
.

On the following day, Tang Renshen stated that it would also bet that prices will rise, saying that the African swine fever variant strain in northern China at the beginning of the year had a greater impact on pig production capacity.
At the same time, imported pork increased year-on-year in the first quarter, and the industry was also more enthusiastic to resume production.
Pig prices in the second half of the year may be better than they are now
.

“According to the data of the Ministry of Agriculture and Rural Affairs, the production capacity recovery started to recover to 80% last year.
The northern part of the country suffered from the impact of the epidemic last winter, and the production capacity was lost
.