Pork price increases, can pig raising began to make a lot of money?

In the first half of this year, the price of pork was "suppressed first and then". What is the performance of pig companies?

As of August 16, more than ten listed pig companies have announced the first half of the year's performance trailer or performance express report. From the perspective of financial reports, the vast majority of listed pig companies still face losses.

Data map. Changchun Customs Photo Conference

Pig company's performance in the first half of the year is "bleak"

Recently, Muyuan shares have disclosed the semi -annual performance forecast. It is expected that the net profit loss of shareholders of listed companies during the reporting period is 6.3 billion yuan to 6.9 billion yuan, a decrease of 166.13%to 172.43%over the same period last year.

"Pig Mao" fell into a pre -loss, and the days of other listed pig companies were not good.

Zhengbang Science and Technology Performance Trailer is expected to belong to the shareholders of listed companies with a net profit loss of 3.8 billion yuan to 4.6 billion yuan, a decrease of 165.72%to 221.66%over the same period last year.

In the first half of this year, the "big pig farmer" Zhengbang's technological storm continued. In addition to the rumors of "applying for bankruptcy", it also received a letter of attention because of the stake of the equity of a number of holding subsidiaries and the cross -border "new energy". Having attention.

Although some rumors have been rumored, the stock price of Zhengbang Technology has fallen frequently, compared with the stock price at the beginning of the year.

Zhengbang Technology's stock price trend chart.

The "dragon -headed pig company" Wen's shares and new hopes also suffered a huge loss in the first half of the year. Among them, Wen's shares are expected to belong to the net profit loss of shareholders of listed companies by 3.517 billion yuan, a year -on -year decrease of 40.8%; new hope is expected to belong to shareholders of listed companies shareholders of 3.9 billion yuan to 4.2 billion yuan, which is compared to the same period last year. Fall 14.20%to 22.98%.

On July 15, Liu Yonghao, chairman of the New Hope Group, said that in the past two years, the breeding industry has experienced great pressure and uncertainty, and the industry has suffered huge challenges. Liuhe also had a loss in history.

Judging from the current announcement of pig companies on the market, Tianbang Foods have not suffered losses. However, Tianbang Food explained that the company's net profit attributable to shareholders of listed companies in the first half of 2022 turned to profit. The main contribution came from the investment income from 51%of the transfer subsidiary of the transfer subsidiary of 1.394 billion yuan. Still negative.

However, benefited from the rise in pig prices in the second quarter, and the performance of pig companies in the second quarter was better.

For example, Tianbang Food said that from the perspective of the trend, with the gradual recovery of pig prices in the second quarter and the company's pig production capacity to stabilize and improve the efficiency, the losses in the second quarter have narrowed significantly compared with the first quarter.

Data map. Photo by Chen Yongnuo

The price of pigs in the first half of the year had fallen into the "trough"

"The number of pigs' columns increased significantly year -on -year, and the price of pigs decreased significantly year -on -year, which led to the company's operating performance in the first half of 2022 compared with the same period last year." Muyuan shares explained the pre -loss of the first half of the year.

This is also the main reason for most of the net profit of most pig companies in the first half of the year.

According to Wang Guirong, director of the Rural Social Economic Investigation Department of the National Bureau of Statistics, the national pigs were raw 365.87 million in the first half of the year, an increase of 28.45 million over the same period last year, an increase of 8.4%year -on -year.

In terms of price, in March, the price of pork fell below 10 yuan per catty, down 50%year -on -year. Although the price of pork has continued to rise since the end of March, the price of pork in the second quarter has not reached the same period last year.

"In June, the average monthly wholesale price of pork was 21.57 yuan per kilogram, up 4.3%month -on -month, 8.2%year -on -year." Data from the Ministry of Agriculture and Rural Ministry showed.

"From the perspective of breeding benefits, pig prices in the first half of this year are generally sluggish, and most of the farms (households) are losing money." Chen Guanghua, head of the Live and Veterinary Bureau of the Agricultural and Rural Ministry of Agriculture and Rural Affairs, pointed out on July 20 that according to our monitoring, in addition to January and in January and in January and in January and in January and in January and in January and in January and In addition to being profitable in June, from February to May, it was lost. In the first half of the year, the average loss of fat pigs lost 98 yuan. It really turned the losses to profit for more than half a month.

In addition, some listed pig companies mentioned that the price of feed in the first half of the year was high, which put pressure on the company's main business pig breeding.

"From the perspective of breeding costs, the prices of corn and soybean meal have continued to rise. One kilogram of fat pigs increased by about 1 yuan over the same period last year." Chen Guanghua said.

Data map. Photo by reporter Tian Yuhao, a reporter from China News Agency

The price of pigs up and down, the head of the head of the head may turn a lot of money

In recent months, pork prices have risen, and some institutions have also been considered as a new round of "pig cycle".

Everbright Securities pointed out that a new round of pig cycle has begun in April this year. In the second half of this year to early next year, pig prices are expected to be in the upward channel. In the third quarter, pig prices will fluctuate at a high level, and the peak demand season in the fourth quarter, and the possibility of further rising pig prices.

Zhuo Chuang Information Analyst Wang Yaman said that as the pig market enters the upward cycle, the price of pigs exceeds the cost line and the breeding profit improves.

"According to the monitoring of Zhuochuang Information, after entering June, the price of pigs continued to rise. As of August 3, the average price of pig transactions at this stage was 19.70 yuan/kg. As far as the breeding units were concerned, the pig price rose as a whole. The profit of pig farming is considerable. "Wang Yaman said.

The July pig sales briefing disclosed by Muyuan shares showed that the average sales price of commercial pigs was 21.33 yuan/kg, an increase of 29.04%over June.

Western Securities believes that the total cost of pig farming at the present is 16-18 yuan/kg. At present, the average price of pigs can be covered with complete costs, and the operating cash flow of head companies is expected to righteousness.If the price of pigs continues to be at a high level, the head pig companies will turn a comprehensive turn to facilitate the annual performance.Source: China News Network

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