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Wens Foodstuff Group (300498.SZ): The completed pig farm has a production capacity of about 46 million heads.
Wens Foodstuff Group (300498.SZ) stated on the investor interaction platform on August 13 that the company's existing sow farms have a completed capacity of approximately 46 million heads (that is, when the company's sow farms are fully loaded, the expected output of commodity piglets according to normal production performance is about 46 million heads). The company's sales target for pork (including hogs and fresh meat) in 2024 is 30-33 million heads.
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
Wens Foodstuff Group Posts Higher Chicken, Pig Sales Revenue in July
Express News | Wens Foodstuff Says July Hog Sales up 51.2% Y/Y at 5.3 Bln Yuan
Wens Foodstuff Group (300498.SZ): In July, the sales revenue of broiler chickens was 2.627 billion yuan.
On August 6th, Gelonhui reported that Wens Foodstuff Group (300498.SZ) sold 97.3023 million broilers (including live chickens, fresh products, and cooked products) in July 2024, with a revenue of 2.627 billion yuan. The average selling price of live chickens was 13.20 yuan per kilogram, with monthly changes of 5.20%, 0.08%, and -3.51% respectively, and year-on-year changes of 2.77%, 0.42%, and -1.86% respectively.
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