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Currently, Muyuan Foods (002714.SZ) has exceeded some production indicators such as PSY and daily weight gain compared to the pre-ASF level.
Muyuan Foods (002714.SZ) stated on the investor interaction platform on August 13th that some production indicators such as PSY and daily weight gain have exceeded the pre-african swine fever level, but there is still some room for improvement in overall survival rate. The company will further strengthen health and production management to gradually improve all production indicators.
Muyuan Foods (002714.SZ) sold commodity pigs with an average weight of around 120kg from January to July 2024.
Muyuan Foods (002714.SZ) stated on the investor platform on August 13th that the average weight of the company's commodity pigs sold from January to July 2024 is around 120kg.
Open Source Securities: Pig prices start to rise rapidly, and the supply of live pigs is expected to continue to be tight in the fourth quarter.
During the hot season from July to August, the consumption of fat pigs is low, but there is still a high premium for fat pigs reflecting the tight supply of market hogs. It is expected that in the future market, as the temperature gradually decreases and the premium for fat pigs drives up, the average weight of market hogs may gradually increase.
Higher Pork Prices Drive Stronger-than-Expected Rise in China's July Consumer Prices
Muyuan Foods (002714.SZ): The monthly number of newborn piglets has been over 8 million recently.
Muyuan Foods (002714.SZ) stated on the investor platform today that the company's monthly newborn pig production has exceeded 8 million. The company will reasonably plan development speed based on external market environment and production operation, to ensure high-quality and stable development. Currently, the company's full-term survival rate is around 84%. Subsequently, the company will strengthen health and production management, and gradually improve various production indicators.
Muyuan Foods Sees Higher Pig Sales in July
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