In September, the group's pig farming enterprises actively slaughtered, and the profitability of Q4 breeding may continue | Industry Trends

1. The pig price continues to rebound, combined with the continued decline in costs, resulting in simultaneous increase in quantity and price of pig enterprises in the third quarter; 2. The average selling price of the group's pig enterprises in September is between 18.6 yuan/kg and 19 yuan/kg, with most pig farms' breeding costs around 14 yuan/kg, demonstrating considerable profitability for breeding enterprises; 3. It is widely believed within the industry that there is still profit potential for pig enterprises in the fourth quarter.

cls.cnOct 11 00:03 ET

Has the harsh winter passed? Pig feed demand is now picking up: a frontline salesperson sold 100 tons more in a single month compared to the beginning of the year.

①Affected by the recovery of the breeding market, the demand for first-line pig fodder is trending upwards. Some frontline fodder sales staff have reported: "In September, sales were 100 tons higher than in January."; ② Although pig feed has seen continuous improvement compared to the previous month, there is still a gap compared to the same period last year; ③ According to industry experts, the positive trend in pig feed demand, coupled with low raw material costs, may become a support point for future corporate performance improvement.

cls.cnSep 29 06:22 ET

Piglet prices 'halved', disagreement on restocking in breeding industry, industry expects pig farming to remain profitable next year | Industry Dynamics

①The price of piglets has plummeted, nearly halving from the highest point this year, with 7KG piglets in some regions falling to 140 yuan each; ② The sentiment of adding pens at the breeding end is now polarized, with some breeders stably adding pens while others are quite cautious; ③ Most breeders and industry experts are optimistic about the overall market outlook for next year, with profitability still being the main trend.

cls.cnSep 24 08:07 ET

Can't the stock price keep up with the price of pork? Wens Foodstuff Group intends to buy back shares in large quantities to protect the market | Speed read announcement

1. wens foodstuff group announced this evening that it plans to repurchase shares at a value of 0.9 billion to 1.8 billion yuan; 2. Since June, the company's performance has continued to improve, with the average selling price showing a monthly upward trend; 3. Since June, the secondary market performance of related pork stocks has been sluggish, with wens foodstuff group's stock already falling by 28.67%.

cls.cnSep 18 11:21 ET

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.

cls.cnSep 8 22:35 ET

The pig market is recovering, and new hope liuhe has significantly reduced losses in the first half of the year. However, the fodder business is quietly under pressure. Interpretations of the financial report.

① The recovery of the pig market supported New Hope's significant reduction in losses in H1, and turned losses into profits in Q2. ② The company's fodder business is under pressure, with a 16% YoY decrease in revenue and a 0.79 percentage point decline in gross margin. ③ Some industry experts pointed out that pig prices are expected to remain high in the second half of the year, and the third and fourth quarters will be the main profit period for pig enterprises.

cls.cnAug 30 11:43 ET