The price of live pigs hit a 17-month high (with shares)

On the morning of October 9, WeChat official account of the National Development and Reform Commission issued a document saying that the price of live pigs has been running at a high level in recent days, which has reached a historical high level. So today, Xiaobian is here to sort out that the price of live pigs has reached a 17-month high. Let's take a look!

The price of pigs once again stands at 26 yuan/kg, and the fifth round of frozen meat will be released

Before the National Day holiday, on September 3th, the National Development and Reform Commission released the fourth batch of central pork reserves this year, and instructed all localities to jointly release local government pork reserves. So far, four batches of nearly 87,1 tons of central pork reserves have been released this year.

China Pig Breeding Network shows that on that day, the national price of live pigs (foreign three yuan, the same below) was 24.54 yuan/kg. After the opening of the National Day holiday, the price of pigs recorded a "seven consecutive rises". As of October 9, the price of live pigs was 26.57 yuan/kg, up 8.27% from before, 13.84% from the previous month and 14.45% from the same period last year, which was the highest since May 221.

judging from the price trend after each round of pork release in the past, the policy-side release has a certain inhibition on the pork price increase, and also has a short-term impact on market sentiment. And historically, National Day is not the peak consumption season. However, after the introduction of frozen meat before the festival, the rise in pork prices failed to stop.

In this regard, an analyst in a aquaculture industry said that the continuous increase in pig prices is mainly due to the acceptable consumption during the National Day, and it is in the seasonal peak season at this stage. It is expected that the pig price will fall after the National Day.

"The long-holiday residents' travel has boosted the pork consumption, and the increase in pig prices reflects the tight spot supply of Zhongda pigs. Now it is in the upward phase of a new cycle, and November and December are also traditional seasonal peak seasons. The stocking action on New Year's Day and the early Spring Festival will gradually reflect the spot pig price. " The above analysts said in an interview with CBN.

after this round of pork launch, the trend of pig price in the fourth quarter is the focus of the market. In terms of the number of fertile sows, according to the latest observation data, the number of fertile sows at the end of August was 43.24 million, a further increase from the 42.98 million at the end of July.

The above-mentioned analysts also said that the domestic pig stock has increased for five consecutive months, and the stock of Zhongda pigs and the number of newly added piglets in large-scale pig farms are higher than the same period of last year, and the farmers' willingness to supplement and suppress the pens is relatively rational. "According to the case, the peak season of pork consumption will appear in the middle and early December, which corresponds to the number of piglets born in the middle and early June. Considering the increase in the number of fertile sows and the influence of secondary fattening factors, in the long run, the supply of pigs in the fourth quarter is guaranteed." He told reporters.

Listed pig enterprises may face profit recovery in the fourth quarter

Pig prices have reached a new high, and the profits of listed pig enterprises are expected to continue to improve. As of September 3, the profit of self-breeding and self-feeding pigs was 799.35 yuan/head, and the profit of outsourcing piglets was 83.41 yuan/head. Although the cost of raw materials for pig feed is still at a high level, with the approaching peak season of pork consumption, the performance of the aquaculture sector is expected by the market.

from the demand side, the closer to the end of the year, the better the market consumption. Judging from the rhythm of listed pig enterprises in August, the scale of leading enterprises' slaughter is stable, such as Mu Yuan (2174.SZ), Wen's (3498.SZ) and other pig enterprises' annual slaughter is expected to exceed expectations.

On the evening of October 9th, Mu Yuan Co., Ltd. was the first to disclose the bulletin of live pig sales in September. The company sold 4.462 million live pigs (including 273, piglets) with a sales income of 11.959 billion yuan. Among them, 573, pigs were sold to Mu Yuan Meat Food Co., Ltd., a wholly-owned subsidiary, and its subsidiaries. From January to September, the company has sold 45.224 million pigs, including 13.944 million pigs in the third quarter. By the end of September, the number of fertile sows in Mu Yuan was 2.598 million.

in the secondary market, the valuation of the pig breeding sector was adjusted greatly in September. Wind data shows that in September, the average and median prices of 25 pork stocks were -13%, and only Longda Food (2726. SZ) recorded a positive increase in its share price by 1.4%.

After the callback, the market value of listed pig enterprises returned to the relatively low valuation range again. However, it should be pointed out that the pig price did not go down in September, and the profit of the plate was in the process of continuous repair, but the stock price was declining.

The above analysts said that the correction of the valuation of the pig sector reflects the tangled attitude of funds towards the cyclical trend and pig price expectations. "From the upstream point of view, the demand for pig vaccines and feed raw materials soybeans is good, reflecting the rising volume and price of downstream demand, which confirms the strong demand for pressure and stocking of breeding enterprises." The analyst said, "But the market is still divided on whether the pig cycle has really entered a reversal and the price level in the upward period. The price of piglets has been falling, which also reflects the market's concerns about the subsequent pig prices. "

what are the leading stocks of pork concept?

Zhenghong Technology 72

The main business of Hunan Zhenghong Technology Development Co., Ltd. is the research and development, production and sales of various feeds; Feed raw materials sales.

after more than 3 years of brand accumulation, the company has a good reputation and a strong brand value advantage; The company itself and Industry-University-Research have strong scientific research strength under the cooperation mechanism, and have certain professional and technical advantages in the research of pig "mother-child material" in the same industry.

Yisheng stock 2458

Shandong Yisheng Breeding Livestock and Poultry Co., Ltd. is a livestock and poultry breeding company. The company's main business is the introduction and feeding of ancestral broiler breeders, the production and sales of parents' broiler chicks, the production and sales of commercial broiler chicks, the breeding and sales of breeding pigs and commercial pigs, the production and sales of farming and animal husbandry equipment, the feeding and milk sales of dairy cows, and the production and sales of organic fertilizers.

xinwufeng 6975

the main business of Hunan xinwufeng co., ltd is pig breeding, meat sales and feed processing. The company's main products include pigs, meat and feed. The company is a state-owned listed company under the State-owned Assets Supervision and Administration Commission of Hunan Provincial People's Government, and is a national key leading enterprise in agricultural industrialization and a high-tech enterprise in Hunan Province.

New Hope 876

The main business of New Hope Liuhe Co., Ltd. includes feed, white feather meat poultry, pig breeding and food. The main products are pig feed, poultry feed, fish feed and so on; The main products of the pig industry include breeding pigs and commercial pigs; The poultry industry mainly includes breeding poultry, commercial poultry, poultry slaughter, etc. Food mainly includes livestock slaughter, deep processing of meat products, central kitchen and so on.