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中邮证券:上市猪企3月生猪销售量、价、体重均增长,上行周期酝酿中

China Post Securities: Listed pig companies' pig sales volume, price, and weight all increased in March, and an upward cycle is in preparation

Breakings ·  Apr 18 13:32
According to a summary of the monthly sales reports of listed pig companies, China Post Securities reported that 17 listed pig companies released a total of 12.76 million pigs in March, an increase of 14.9% over February and a slight increase of 3.1% over the previous year. The average listing price of the 14 listed companies in March was 14.55 yuan/kg, up 4.08% from February. The average weight of pigs released by the 10 listed companies continued to rise, to 117.5 kg/head. The weight of live pigs has increased steadily and is now at a normal level. After the Spring Festival, pig prices surpassed expectations, but there was no obvious benefit on the consumer side, indicating that the industry's production capacity reduction in the fourth quarter of last year exceeded expectations, leading to a decrease in pig supply at this stage. According to monitoring by the Ministry of Agriculture and Rural Affairs, starting from October 2023, the number of newborn piglets in the country has declined year on year, which means that after May 2024, the number of pigs released will decrease year on year, and pig prices may rise further in the second half of the year.

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