Wens Foodstuff Group Co.Ltd(300498) : it is optimistic that the pig price may enter the upward channel of the next cycle after the third quarter

Wens Foodstuff Group Co.Ltd(300498) ( Wens Foodstuff Group Co.Ltd(300498) ) said in a recent survey that the expected target of the company’s sales volume in 2022 is about 18 million. The company’s existing pig farm has a completed production capacity of about 46 million. In the long run, the company’s primary plan is to gradually increase the output and achieve the maximum and full production. It is preliminarily estimated that the pig price will remain at a low position in the first half of 2022, and the de industrialization of industrial capacity will accelerate. It is optimistically estimated that after the third quarter of 2022, pig prices may enter the upward channel of the next cycle; It is pessimistic to estimate that 2022 is still at the social average breakeven line, and it may take 2023 to enter the upward channel of the next cycle.