On March 21, the pork sector was red. As of the closing, the listed pig enterprises Muyuan Foods Co.Ltd(002714) ( Muyuan Foods Co.Ltd(002714) . SZ), New Hope Liuhe Co.Ltd(000876) ( New Hope Liuhe Co.Ltd(000876) . SZ), Wens Foodstuff Group Co.Ltd(300498) ( Wens Foodstuff Group Co.Ltd(300498) . SZ), Tech-Bank Food Co.Ltd(002124) ( Tech-Bank Food Co.Ltd(002124) . SZ), Jiangxi Zhengbang Technology Co.Ltd(002157) ( Jiangxi Zhengbang Technology Co.Ltd(002157) . SZ) all rose Tech-Bank Food Co.Ltd(002124) rose by 10.01% to 7.36 yuan, setting a nine month high Muyuan Foods Co.Ltd(002714) was reported at 54.93 yuan, up 0.42%, New Hope Liuhe Co.Ltd(000876) was reported at 15.59 yuan, up 2.63%, Wens Foodstuff Group Co.Ltd(300498) was reported at 21.06 yuan, up 1.06%, Jiangxi Zhengbang Technology Co.Ltd(002157) was reported at 6.42 yuan, up 2.56%.
On March 21, Tech-Bank Food Co.Ltd(002124) rose by the limit, and the share price hit a nine month high
According to the monitoring of the “national Shenzhen Agricultural Products Group Co.Ltd(000061) wholesale market price information system” of the Ministry of agriculture and rural areas, the average price of pork in the national Shenzhen Agricultural Products Group Co.Ltd(000061) wholesale market last week (March 11, 2022 – March 17, 2022) was 18.16 yuan / kg, a month on month decrease of 1.0% and a year-on-year decrease of 52.9%.
According to the pig feed price information for the third week of March 2022 released by the price monitoring center of the national development and Reform Commission on March 18, the national pig feed price was 3.51 last week, down 3.31% month on month. According to the current price and cost, the loss of pig breeding heads in the future is 323.47 yuan. China’s pig prices continued to slow down. The overall consumption capacity of the market is still weak, the delivery of pork products is weak, and slaughtering enterprises have a strong intention to lower the price to buy pigs. At the same time, feed prices continued to rise, the breeding end was lack of confidence in the future market, the mood of pressing the column was weakened, and turned to active listing. In the short term, there is still an imbalance between supply and demand. It is expected that the price of pig and pig feed will continue to decline slightly.
