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On June 9, the National Bureau of Statistics released data showing that in May 2021, the national consumer price rose by 1.
3% year-on-year; the price of livestock and meat fell by 11.
3% year-on-year, affecting the CPI by about 0.
46 percentage points.
Among them, the price of pork fell by 23.
8% year-on-year.
, Affecting the CPI to drop by about 0.
50 percentage points; from a month-on-month perspective, the price of livestock meat fell by 6.
0%, affecting the CPI by about 0.
23 percentage points, of which the price of pork fell by 11.
0%, which affected the CPI by about 0.
20 percentage points
.
From the perspective of the sales side, the Shell Finance reporter noted that there are currently 12 listed pig companies that have disclosed their May live pig sales
.
Among them, the average sales price of Zhengbang Technology's commercial pigs (after deducting piglets) has dropped to 17.
52 yuan/kg, a decrease of 17.
98% from the previous month; the average weight is 140.
52 kg/head, an increase of 7.
05% from the previous month
.
However, due to the increase in sales volume, Zhengbang Technology made a considerable income from selling pigs in May
.
In May 2021, Zhengbang Technology sold 1,648,400 live pigs (including 256,700 piglets and 1,391,700 commercial pigs), an increase of 39.
"In May 2021, the company's live pig sales volume and sales revenue increased month-on-month and year-on-year, mainly due to the release of live pig production capacity
.
The decline in the company's live pig sales price was mainly due to the decline in the live pig market and the company's high proportion of large-weight pigs
Regarding the reasons for the decline in pig prices, Zhengbang Technology stated on June 4: "The fluctuations in pig prices are caused by many factors.
As for the reasons for the over-fall of pig prices in this round, we analyzed the following factors: First, at the beginning of the year, the market’s consistent expectations for the price increase of Q2 pigs led to a large increase in secondary fattening.
It is now traditional consumption of off-season that large-weight pigs have poor digestion and trampling has occurred, and the continuous decline in pig prices has also brought a certain number of sows.
The early elimination has further accelerated the decline of pig prices; secondly, the northern epidemic from December last year to January this year, and the southern (Guangdong and Guangxi) epidemics that occurred in April and May of this year have all seen concentrated sales; third, frozen meat stocks Influence
.
"
“There is a consensus in the industry on the decline of pig prices, and the company also has expectations
.
The decision to eliminate low-efficiency sows in Q4 last year was also based on the judgment of the trend of pig prices.
New Hope believes: "The market is always in the process of change.
Regardless of whether it is in pig raising or other industries, the first is to raise pigs and control the overall cost; second, our industry is diversified, the feed industry is stable and cash The flow is abundant, and our industrial structure and financial structure give us an advantage in the long run
.
"
On June 8, Muyuan said: “The company expects to achieve the cost target of 14 yuan/kg in the fourth quarter of 2021.
Muyuan's measures to strengthen cost control include: automation, standardization, and intelligent breeding; breeding research and development; refined management; reasonable layout and low-cost procurement; according to the company’s operating cash flow, debt ratio, interest rate guarantee multiple and other indicators, timely and appropriate The adjustment of capital expenditure scale enables the company to maintain a reasonable development speed on the basis of maintaining normal production and operation and maintaining normal debt repayment