Pig-raising giant's performance in the first half of the year "compared with miserable" pig prices in the second half of the year...

In the first half of this year, the pig giants had a hard time

Listed pig companies fall into pre-loss as a whole

A reporter from China Business Daily found that four of the top five pig companies in slaughter volume are expected to lose money

It is worth noting that Muyuan, which ranks No.

The cause of the declining performance of listed pig companies is the excessive drop in live pig prices

In addition, in addition to the decline in performance, the drop in live pig prices has also forced the pig giants to stop their expansion

There is little room for the price of live pigs to rise in the second half of the year

Xin Guochang, the second-level inspector of the Animal Husbandry and Veterinary Bureau of the Ministry of Agriculture and Rural Affairs, said at a press conference held earlier that the high-profit phase of pig breeding has ended

Since June, the small increase in live pig prices has given listed pig companies confidence to a certain extent

The recovery of live pig production capacity is a foregone conclusion, and there is little room for a subsequent recovery in live pig prices

Farming profits continue to decline

"Volume increase and price reduction" and "quantity and price double reduction" may have become a common situation that listed pig companies have to face

It is worth noting that with the basic recovery of live pig production capacity, listed pig companies are still far from completing the production capacity plan set at the beginning of the year

In the second half of the year, the overall profit of the pig industry may fluctuate online around the cost of breeding

Wang Hailian, a pig analyst at the Agricultural Products Division of Shanghai Steel Union, told the China Business Daily that the average annual profit of self-raising and self-raising of pigs in 2020 will be 2,583.

The task of reducing costs and increasing efficiency is arduous

Xin Guochang said that the continuous decline in live pig prices and the lower and lower profit of pig farming led to a loss in June.

The listed pig companies are also actively preparing for the "hard battle" in their performance in the second half of the year

In addition, the expansion of listed pig companies may have to "brake"

In the second half of the year, cost reduction may become an important "hope" for listed pig companies to regain their performance

For farmers and large pig companies, the task of reducing costs is long and arduous
.
"When the price of live pigs is in the downward space, reducing
costs and increasing efficiency is the primary task facing the industry in the future .
However, cost reduction is a mid-to-long-term process, relying on management and business strategies in the short-term, and relying on technological development in the medium- and long-term
.
For farmers The first is to do a good job in disease prevention and control, the second is to moderately eliminate backward production sows, increase the number of litters and survival rate, and the third is to do a good job in nutrition management and improve feeding efficiency
.
For leading companies, they are doing well in the above points.
At the same time, it is necessary to adjust the focus of enterprise development in a timely manner, increase the research and development of technology needed by the industry, and provide support for improving the cost competitiveness of enterprises.
In addition, financial risk tools such as insurance + futures can be used to reduce market risks in the production process
.
" Zhu Zengyong said
.