According to the latest data from the National Bureau of Statistics, pork prices rose 46.7% year-on-year in August, an increase of 19.7 percentage points over the previous month, affecting the CPI index by about 1.08%. In the context of the overall rising trend of commodity pig prices in August, the data of the major pork listed companies in August were mixed.
In response, the company said that this was due to the companys proper control of seedling input in some areas and the adjustment of the sales rhythm of commercial pork pigs.
In August, Zhengbang Technologies sold 321.7 million pigs, a decline of 42.45%, a decrease of 28.75%, sales revenue of 610 million yuan, a decrease of 32.32% and a decrease of 2.65% compared with the same period last year.
The company also made moderate adjustments to the business strategy of the pig business sector at the time of soaring market prices, including: in the severe area of African swine plague, some pigs were slaughtered ahead of time, resulting in heavy weight and low average price.
In areas where the epidemic is stable, Zhengbang Science and Technology said that the company should relax the reserve standards properly, increase the reserve and expansion of production; delay the time for some live pigs to appear in the market, and in principle raise them to more than 150 kilograms of body weight before appearing in the market, resulting in a decline in the number of companies appearing in August and year-on-year.
Although the sales volume and income of Zhengbang Science and Technology declined in August, from January to August this year, the company sold 39.743 million pigs, an increase of 18.24% compared with the same period last year, and the total sales revenue was 6.626 billion yuan, an increase of 41.74% compared with the same period last year.
In September 3rd, the state owned technology research institute said that the price of live pigs has reached a record high in the current period. The company is optimistic about the future price trend, actively responding to the market strategy, keeping pace with market changes, adjusting the rhythm of pig production properly, increasing the proportion of finishing pigs, and increasing the allocation of pig resources. Follow-up pig breeding business to prepare for rapid development.
From January to July this year, Zhengbang Science and Technology Jiangxi, Guangdong, Hubei and Guangxi accounted for between 10% and 20%, while other regions accounted for less than 10%. According to the company, the proportion of each region will fluctuate every month.
Dabeinong (002385.SZ) also took the initiative to adjust the strategy. The company sold 115,300 pigs in August, which was significantly lower than 150,000 pigs sold in July. The sales revenue in August was 256 million yuan, which was less than 254 million yuan in July.
Tai Bei Nong said: because of the pig price up, the company delayed the slaughter, and some of the fattening pigs were postponed to the market in September. Because the company sold a lot of conservation pigs in March, the fattening pigs decreased in August. In addition, the company adjusted the mating plan and increased the proportion of sows remaining.
Against the background of the soaring market, some of the above companies choose to adjust their strategy actively, adjust their sales rhythm with a short decline, and others choose to go up with the market. In August, sales revenue and volume are growing considerably.
New Hope (000876.SZ) sold 3543,000 live pigs in August 2019, with a 13% annualized change and 78% annualized change. Revenue was 682 million yuan, a 37% annualized change and a 141% year-on-year increase. The average selling price of commercial pigs is 20.37 yuan / kg, up 29%, up 48% from the same period last year.
In response, the company said: the main reason why pig sales increased year-on-year was that the company began to increase piglet delivery in the early part of this year according to changes in the external situation.
In the September 4th performance note, the new hope said that pigs in the second half of the year had been released before the first half of August, and the next work was the prevention and control of African swine plague. By the end of August, Xin hoped that a total of 160,000 intergenerational breeding pigs would be kept in stock, and that the increase would accelerate in the second half of the year, with a minimum of 200,000 pigs expected to be achieved by the end of September, and that the target of 300,000 pigs would be achieved by the end of the year, hoping to make efforts to challenge more.
Ao Nong Biology (603363.SH) also witnessed a significant increase in pig sales in August. In August, Ao Nong Biology sold 87,600 live pigs, a 42.61% annualized increase in sales and a 126.47% year-on-year increase. At the end of August 2019, the company had 223,400 live pigs, an increase of 39.23% over the end of August 2018.
According to the sales data of Jinxin (002548.SZ) in August, the companys sales totaled 354,000 heads, which increased by 28.73% annually, 8.10% year-on-year (after deducting trusteeship sales); its revenue totaled 57.7402 million yuan, which increased by 48.90% annually and 85.33% year-on-year. Among them, 354,000 pigs were sold, of which 267,700 were sold by self-raised pigs and 0.87 million were sold by the companys subsidiaries.
On September 10th, pork sector A shares rose 1.37%. Since this year, the pork sector has risen by 77.87%.
Source: Responsible Editor of Interface News: Wang Xiaowu_NF