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Muyuan Foods (002714.SZ): The company's current scale of hog futures business is relatively small.
Muyuan Foods (002714.SZ) stated on the investor interaction platform that the company's overall scale of pig futures business is relatively small at present.
Muyuan Foods (002714.SZ): The complete cost of hog farming in August is around 13.7 yuan/kg.
Muyuan Foods (002714.SZ) stated on the investor interaction platform on September 11th that the complete cost of hog farming in August 2024 is around 13.7 yuan/kg.
August is the peak period of profitability for pig enterprises, with daily profits exceeding one billion yuan. | Industry News
①In August, the pig market continued to recover, with sales prices of major pig companies reaching a new high this year; ②The peak of profitability for pig companies still focuses on reducing costs and increasing efficiency. Muyuan Foods, Shennong Group, and Wens Foodstuff Group have all reduced their fully loaded costs to below 14 yuan/kg; ③Some industry insiders believe that breeding companies will continue to maintain a considerable profit trend this year.
GF Securities: The high prosperity of the pig industry is expected to continue. Pay attention to the positive increase in aquatic seedling investment in the third quarter.
The average price of live pigs in August continues to rise, and with the gradual arrival of the peak consumption season after September, pig prices are expected to continue to remain strong. The late August and early September batch of piglet stocking volumes have increased significantly compared to the same period last year, and the subsequent off-season stocking is expected to continue this trend.
Muyuan Foods Boosts August Revenue on More Pigs Sold, Higher Prices
Express News | Muyuan Foods Aug Hog Sales at 14.0 Bln Yuan
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