The number of live pigs in the market has generally increased, and domestic pig enterprises have increased production against the trend

Recently, many listed pig raising enterprises have successively announced the sales profile of pigs in March 2022 Muyuan Foods Co.Ltd(002714) sold nearly 6 million, a record high, Wens Foodstuff Group Co.Ltd(300498) , New Hope Liuhe Co.Ltd(000876) all exceeded 1.4 million. However, under the background of the continuous decline of the average selling price of pigs and the rise of feed costs, many pig enterprises fall into the situation of “the more they sell, the more they lose”. Industry insiders said that the head pig breeding enterprises increased the slaughter volume. On the one hand, the pigs reached the slaughter cycle, on the other hand, they were optimistic about the post pig cycle market and seized more pork sales market in the downturn of the industry. Under the background of cold winter in the industry, muyuan, Wens Foodstuff Group Co.Ltd(300498) , New Hope Liuhe Co.Ltd(000876) and other head pig breeding enterprises are expanding production. The target slaughter volume of 9 A-share listed pig breeding enterprises this year is 98.829 million, an increase of 30% compared with that in 2021.