Pig prices maintain a high -level operating pig industry or opportunities for layout

Recently, pig prices have maintained high operation. The August CPI announced by the National Bureau of Statistics last week rose 2.5%. Among the food, the price of pork rose by 22.4%, an increase of 2.2 percentage points from the previous month. At the end of the Mid -Autumn Festival holiday, pig prices remained rising. According to the monitoring of the Ministry of Agriculture and Rural Affairs, as of 14:00 on September 13, the average price of pork in the national agricultural wholesale market was 30.89 yuan/kg, an increase of 0.7%from before the festival. Pork is the highest among many meat varieties.

According to the current situation of the pig market, in order to earn a good job in supplying and stable price for the pig market, according to news on September 13th, the State will be launched this year's second batch of central pork reserves this year. The industry believes that the current pig price is in the upsurge of the pig cycle, and the enterprise ushered in a long profit window, and the safety margin of related industrial layout is higher. After a few consecutive days of decline, the pig industry index rose 2.63%on the 13th, and pig companies' stock prices rose one after another. Pengdu agriculture, animal husbandry, Tianbang food, and proud farmers all rose more than 6%.

"Beginning on September 8, the government has successively stored 37,700 tons of frozen meat; on September 6th, the Development and Reform Commission interviewed pigs and slaughtering head enterprises. In the short term, the government will throw and interview the rhythm and the rhythm of the head enterprises. The market expects to have an impact. "Western securities analysis believes that in the middle and long term, the decisive factors of pig prices are still a supply and demand relationship. Affected by the cumulative effect of the decline in the amount of sows in the second half of 2021, the supply of pigs in the second half of 2022 is relatively limited. Pig prices will remain relatively high.

At the same time, in September to December, the gradual arrival of the consumption season such as National Day and the Spring Festival, and the increase in consumer demand is expected to continue to benefit the price of pigs. Western Securities predicts that in September to December, pig consumption will have two prosperous situations, pig prices will still rise slightly, and the high point of the price of pigs is expected to appear at 25-26 yuan/kg. In addition, the price of pork is continuously high, and it is expected to slightly drive the consumer demand of white feathers.

At present, many pig companies have announced a briefing of pig sales in August. Data show that Makiyuan, Wen's, and new hope were 4.887 million heads, 1.5041 million heads, and 942,800 heads in August, with an increase of 6.38%, 13.58%, and 0.05%of the month. The monthly columns were 613,500 heads, 317,100 heads, and 172,100 heads, a decrease of 30.48%, 3.00%, and 5.49%from the previous month. In terms of the average sales price, although the sales prices of pig companies in August fell, the sales prices of pig companies fell, but they were still at a high level in a year. The total sales revenue of 12 pig companies in August was 21.342 billion yuan, an increase of 10.28%month -on -month.

"This week, the national reserve meat is launched, the short -term supply and demand game has been strengthened, and the overall rhythm of the industry is normal. Some listed companies have been released in August. The overall sales volume has been upward. The level of profit is still good. "Caitong Securities believes that the price of binary sows has continued to decline since August, reflecting that the current supplementary column is still more cautious, and it is optimistic about the overall prosperity of pig farming.

Zhejiang Business Securities also believes that the current pig price is still in the upward stage of the pig cycle, and enterprises usher in a long profit window. At present, the average market value of pig companies on the market is still undervalued, and the security margin of the layout is relatively high. According to the "cost advantage, the repayment of the column, the low valuation" selection, the company recommends Muyuan, Wen's shares, Xinwufeng, and Tiankang creatures;

Reporter Chen Hui

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