On January 10, the leading feed enterprise New Hope Liuhe Co.Ltd(000876) ( New Hope Liuhe Co.Ltd(000876) , 000876. SZ) released the pig sales briefing in December 2021. So far, all the five listed pig enterprises have released the pig sales briefing in December 2021.
In December, New Hope Liuhe Co.Ltd(000876) sold 1071600 pigs, with a month on month change of 18.50% and a year-on-year change of – 35.38%; The sales revenue was 1.534 billion yuan, the same as that in November, with a year-on-year change of – 60.79%; The average sales price of commercial pigs was 14.66 yuan / kg, with a month on month change of – 5.17% and a year-on-year change of – 52.66%. New Hope Liuhe Co.Ltd(000876) said that the year-on-year decline in pig sales was mainly due to the company’s cessation of outsourcing piglet fattening after the second quarter of this year. At present, most of the fattened pigs are self-produced piglets; The sales revenue of live pigs and the average sales price of commercial pigs decreased significantly year-on-year, mainly due to the decline in pig prices caused by the market situation and the decline in sales.
Among the five listed pig enterprises, considering the impact of the Spring Festival, Muyuan Foods Co.Ltd(002714) (002714. SZ) jointly disclosed the sales from January to February in March. In order to facilitate statistical comparison, the sales volume and sales revenue of the other four listed pig enterprises from January to February are also combined. The average price of commercial pigs is calculated as (average price in January + average price in February) / 2.
Sales volume in December of : Tech-Bank Food Co.Ltd(002124) and Jiangxi Zhengbang Technology Co.Ltd(002157) decreased, New Hope Liuhe Co.Ltd(000876) , Wens Foodstuff Group Co.Ltd(300498) and Muyuan Foods Co.Ltd(002714) increased
From the change trend of the sales volume of the five listed pig enterprises in 2021, in 2021, the sales volume of live pigs of Jiangxi Zhengbang Technology Co.Ltd(002157) (002157. SZ) reached the highest point of 1.7511 million in July, began to decline in August, and the downward trend continued until December. The pig sales of Muyuan Foods Co.Ltd(002714) generally showed an upward downward upward downward trend. Only in December, its sales in December was higher than that in November. Tech-Bank Food Co.Ltd(002124) (002124. SZ) also showed irregular changes, but like Jiangxi Zhengbang Technology Co.Ltd(002157) , the sales of commercial pigs decreased in December compared with November. The sales volume of Wens Foodstuff Group Co.Ltd(300498) (300498. SZ) pigs has been rising since the beginning of the year until October 2021, reaching 1819600. After that, the sales volume in November and December is lower than that in October, but the sales volume in December is slightly higher than that in November. After the continuous decline from March to July, the pig sales of New Hope Liuhe Co.Ltd(000876) rose for three consecutive months in August, September and October, reaching the high point of 1190900, decreased in November and rebounded to 1071600 in December.
only in December, the sales volume of Tech-Bank Food Co.Ltd(002124) and Jiangxi Zhengbang Technology Co.Ltd(002157) decreased month on month in November, and the sales volume of New Hope Liuhe Co.Ltd(000876) , Wens Foodstuff Group Co.Ltd(300498) and Muyuan Foods Co.Ltd(002714) increased month on month in December.
Summary of pig sales of five listed pig enterprises in 2021, tabulated by Peng Yanqiu
December pig price: except Jiangxi Zhengbang Technology Co.Ltd(002157) , the other four fell
In terms of the average price trend, the five pig enterprises have certain laws: from the beginning of 2021, the average price shows varying degrees and continuous decline until it rebounds in July. After a short month of recovery, the average price starts to decline continuously until around October. The average prices of New Hope Liuhe Co.Ltd(000876) , Jiangxi Zhengbang Technology Co.Ltd(002157) and Wens Foodstuff Group Co.Ltd(300498) began to rise in November, and Muyuan Foods Co.Ltd(002714) and Tech-Bank Food Co.Ltd(002124) began to rise in October. In December, the average price of only Jiangxi Zhengbang Technology Co.Ltd(002157) commercial pigs was higher than that in November, and the average prices of the other four listed pig enterprises fell compared with that in November.
Summary of average price of commercial pigs of five listed pig enterprises in 2021, tabulated by Peng Yanqiu
This trend can also be seen from the trend of pork wholesale price in the past year. According to the data of the Ministry of agriculture and rural areas, the wholesale price of pork reached a high point of 47.51 yuan / kg in the third week of 2021, followed by a continuous decline in volatility until the 40th week, that is, mid October, reached the lowest point of only 17.90 yuan / kg. Since then, due to the oversold rebound caused by the stimulation of collection and storage, coupled with the advance of consumption and the backward shift of supply, resulting in the mismatch of short-term supply and demand. Under the force of the two stages, pork rose for eight consecutive weeks, but even if it recovered to the recent peak, it was only 24.6 yuan / kg, down 39.1% from the same period last year. After that, the wholesale price of pork fell for three or four consecutive weeks.
Previously, Zhou Xiaoqiu, chief researcher of Guotai Junan Securities Co.Ltd(601211) Industrial Service Research Institute, told surging journalists, “After the middle and late December, there may be some swings in the market, mainly because the demand for pickles has been confirmed during this period, and the whole supply may also be in large quantities. For farmers, they don\’t worry about being unable to sell until the real large consumption comes, but the later they may worry, especially near the end of December. Therefore , after entering this link, the probability of price weakening will be relatively high. “
Revenue in December of : Muyuan Foods Co.Ltd(002714) rose, New Hope Liuhe Co.Ltd(000876) was flat, and the other three fell
In terms of sales revenue, Muyuan Foods Co.Ltd(002714) began to decline in May, and the downward trend continued until August. The sales revenue in September was 4.268 billion yuan, and then showed an irregular trend of rise decline rise; Tech-Bank Food Co.Ltd(002124) is just the opposite, showing an increase from May to August; The sales revenue of Jiangxi Zhengbang Technology Co.Ltd(002157) decreased from August to the lowest point of 1.291 billion yuan in December; The sales revenue of New Hope Liuhe Co.Ltd(000876) continued to decline from the beginning of 2021 to the middle of the year, and generally showed a slight upward trend in the following six months. In December alone, only Muyuan Foods Co.Ltd(002714) rose month on month compared with November, New Hope Liuhe Co.Ltd(000876) was flat, and the other three fell.
Sales revenue of five listed pig enterprises in 2021, prepared by Peng Yanqiu
(source: surging News)
