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    Home > Food News > Food Articles > The sales of a number of pig companies in April released the price of pigs and the pigs...

    The sales of a number of pig companies in April released the price of pigs and the pigs...

    • Last Update: 2021-06-23
    • Source: Internet
    • Author: User
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    Recently, a number of pig companies have successively announced sales data for April, and sales volume and sales revenue have generally declined month-on-month, with exceptions for companies
    .


    According to the analysis, the differentiation between companies has intensified, and the differences in breeding models, management levels, and epidemic prevention capabilities among different companies have gradually manifested


    The average sales price of commodity pigs such as New Hope and Tianbang shares decreased

    In the New Hope’s April live pig sales briefing, the company sold 837,900 live pigs in April, a decrease of 1.
    87% from the previous month and a year-on-year increase of 169.
    94%; revenue was 1.
    901 billion yuan, a decrease of 12.
    84% from the previous month and a year-on-year increase of 64.
    02%; commercial pig sales The average price was 21.
    56 yuan/kg, a month-on-month decrease of 8.
    26% and a year-on-year decrease of 34.
    43%
    .


    New Hope stated that the main reason for the large year-on-year decline in the average sales price of commercial pigs was the decline in the market price of pigs


    Tianbang shares announced that in April 2021, it sold 202,800 commercial pigs, with a sales revenue of 461 million yuan, and an average sales price of 23.
    67 yuan/kg (commodity fat pig average price was 21.
    09 yuan/kg), and the month-on-month changes were -39.
    05.
    %, -46.
    02%, -18.
    50%
    .


    Tianbang explained that in April 2021, the sales volume of live pigs fell sharply compared to the previous month, mainly because the company’s sales volume of weaned piglets from October to November last year was relatively high, and the number of fattening piglets was less.


    The sales data of Wen's pigs in April showed a month-on-month increase in sales and a decrease in revenue
    .


    Wen's shares disclosed that in April 622,400 pigs were sold (including hairy pigs and fresh products), an increase of 4.


    Of course, there are also pig-raising companies that both achieved a month-on-month increase in sales volume and sales revenue in April
    .


    Muyuan shares continued the trend of heavy sales in April.


    Zhengbang Technology is the same.
    Its data shows that in April, the company sold 1,184,400 pigs, an increase of 14.
    09% month-on-month and a year-on-year increase of 143.
    31%; sales revenue was 3.
    035 billion yuan, an increase of 6.
    65% month-on-month and an increase of 43.
    38% year-on-year
    .

    Pork prices will go down slowly and twists and turns

    CITIC Securities believes that the differentiation between companies has intensified
    .


    The differences in breeding models, management levels, and epidemic prevention capabilities among different companies have gradually manifested, reaching the "extreme" in Q1 of 2021, and the differentiation is mainly reflected in two aspects


    West China Securities believes that under the stimulus of high profitability, the stock of live pigs has steadily recovered.
    According to the Ministry of Agriculture and Rural Affairs, the stock of reproductive sows across the country turned positive for the first time in October 2019.
    As of the end of June 2020, the stock of reproductive sows across the country was 3629.
    Ten thousand heads, the first time from negative to positive year-on-year, an increase of 37% year-on-year in August; as of February 2021, fertile sows increased by 1.
    0% month-on-month and 34.
    1% year-on-year, continuing to maintain a steady growth trend
    .


    With the rapid recovery of live pig production capacity, the profitability of the post-breeding cycle segment is expected to continue to improve


    Zhongtai Securities believes that although the price of pigs enters a downward cycle, considering the impact of certain factors on the production capacity of sows, the downward price will be slow and tortuous.


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