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    Home > Active Ingredient News > Feed Industry News > The feed industry of China Daily is still under test

    The feed industry of China Daily is still under test

    • Last Update: 2013-09-05
    • Source: Internet
    • Author: User
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    Introduction: OA show ('918 '); recent mid-year reports of listed companies have been released, with some companies' negative performance growth, which seems to be "back to the pre liberation era"; some companies staged counter attack dramas with high growth However, no matter what the results of the war, the middle report of the feed industry reflects the bitter role of "sandwich cake" in the middle of the feed industry Qi Liang's report card of the four major companies shows that some people are happy and some are worried about RHM Dabei Agriculture: it staged a good counter attack, with the sales volume increasing by 44% and the main business income of Dabei agriculture mainly comes from feed business, which accounts for 92.69% of the main business income In the first half of this year, the sales volume of feed was 1.4802 million tons, a year-on-year increase of 44.17%, including 1.2973 million tons of pig feed and 5410.1259 million yuan of sales volume Affected by the adverse growth of its feed business, feed sales in the first half of 2013 was 6010345300 yuan, an increase of 51.35% year on year New hope: both revenue and profit have declined Since May, new hope's share price has declined all the way: from 13.18 yuan on May 29 to 8.81 yuan on July 29, down more than 30%; on August 6, 2013, new hope suspended trading This is not only related to the insufficient performance of Liu Chang, the new generation of leaders, but also due to the obvious decline of his main feed business According to the new hope Zhongbao, the sales volume of its main feed business in the first half of 2013 was 6.919 million tons, a year-on-year decrease of 1.2974 million tons, or 15.79% Affected by this, new hope's main business income was 21079.6910 million yuan, a year-on-year decrease of 3130.1523 million yuan, a decrease of 12.93%; its gross profit was 1324.6397 million yuan, a decrease of 10.92%, with both revenue and gross profit falling Haida: feed growth slows down and profits drop Haida's main business is aquatic feed and livestock feed Haida achieved an operating revenue of 7.21 billion yuan, an increase of 14.4% over the same period of last year; due to the company's main aquatic feed, which is less affected by the livestock and poultry industry, the feed sales volume in the reporting period was 1.99 million tons, an increase of 7.8% over the same period of last year, and the net profit attributable to the parent company was 140 million yuan, a decrease of 18.6% over the same period of last year, and the comprehensive gross profit rate was 9.4%, slightly lower than the same period of last year Tongwei: aquatic feed supports livestock feed As early as 2012, Tongwei moved its production plate south to Guangdong, determined to enter the livestock feed market and set up a large pig feed factory in Jieyang and Gaoming, Guangdong In the first half of 2013, the feed business realized an operating revenue of 5350940600 yuan, accounting for 91.85% Relying on the advantages of feed sector, especially aquatic feed sector, Tongwei achieved a total operating revenue of 5825647600 yuan in the first half of 2013, up 6.29% year on year Tongwei's main feed business sold 157900 tons of feed, up 0.79% year on year Compared with the same period last year, the growth rate of aquatic products was 7.30%, and that of livestock and poultry was 5.66%, but that of pig feed was 14.56% The poor performance is due to the fact that in the annual reports of the four major enterprises of avian influenza, no matter the performance growth or the Waterloo, the business analysis mentioned that the breeding market was in a downturn, and the consumption market was not strong due to the impact of h7n9 In December 2012, the event of "fast growing chicken" depressed the price of poultry and restricted the supplement of meat and poultry According to the analysis of pig price and chicken price in xinmu.com, during April to may, the price of pig once fell below the cost line of 5 yuan Many farmers are willing to sell breeding sows at a low price to reduce feed cost In the fierce h7n9 in May, the live poultry market closed, the value of poultry plummeted, and even a chicken with a price of 5 yuan was ignored The breeding industry was gloomy The feed industry at the middle end of the industrial chain also fell into a low ebb due to the impact of the price of poultry products, following the "pig cycle" and other poultry breeding cycles Midstream magic charm: controlled by the upstream, the feedstuff upstream needs to eat "look at the face of heaven" Since June 2012, La Nina has hit the United States, causing the worst drought in 56 years As the world's leading soybean producer, the U.S soybean production decreased sharply due to high temperature Brazil and Argentina, as important soybean producing areas, are also affected by high temperature and drought The strong expectation of soybean production reduction makes soybean prices soar, once close to the historical peak of 4770 yuan / ton In addition, the price of fish meal remained high, and corn rebounded in May, making feed cost accounting for about 50-60% of the price Feed industry entered a period of high cost According to data from lanworth, the US soybean production this year is also not optimistic In view of the "high temperature and drought" situation in the United States last two weeks, the agency lowered the expected production of soybean and corn in the United States The agency pointed out that corn production in the United States should be 13.65 billion bushels in 2013 / 14 crop year, compared with the previous forecast of 13.9 billion bushels; soybean production will be 3.315 billion bushels, lower than the previous forecast of 3.36 billion bushels Due to the shortage of feed materials and the high price of soybean and corn, the upstream cost of feed industry is still high in the future Due to a series of events such as "fast growing chicken", "low pig price" and "h7n9", the price of poultry seedlings has dropped by 80%, and the breeding enterprises are willing to reduce the breeding density, stock and cost to deal with the loss Wen zhifen, President of Wynn group, called for a 20% reduction in production at the conference of large poultry enterprises in Guangdong and Guangxi As a result, the demand for feed is increasingly depressed At present, even though the price of pork has rebounded, the price of chicken is stable, and the price of eggs is rocketing, but it still fails to enhance the enthusiasm of farmers to mend the fences, and the confidence of breeding has not been restored Industry people even pessimistic forecast: by next year the whole poultry will still be at a loss Affected by the price reduction of downstream end products, the middle and upper reaches feed enterprises have cut production to cope with the crisis In the future, the amount of aquaculture still can not return to normal level In the future, it is expected that the pork price will rise after August, when the feed industry is still under test With the departure of hot weather, consumers' demand for meat products will continue to rise, which makes the current breeding in China generally in a profitable State The improvement of pig market has led to the increase of feed consumption For the future feed market, it is expected to change a lot compared with the first half of the year, but the cost is still high, so it is still necessary to be cautious to increase investment and expand production With the fierce competition in feed industry, the rising price of feed raw materials, the unpredictable market of breeding industry and the rising cost of artificial logistics, the situation faced by feed industry is more complicated In such a complex environment, who can control the cost, plan the development path of the enterprise, and do a good job in products and services, can go further in the feed industry with gradually thin profits.
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