Huafu Securities' research report pointed out that looking ahead, in the short term, the recent pig prices are expected to adjust around the Mid-Autumn Festival, reflecting the market's lowered expectations and destocking leading to front-loading pressure in the fourth quarter of 2024. Pig prices in the fourth quarter of 2024 may fluctuate at high levels. In the long term, rational replenishment of sow stocks in this cycle's breeding end, with a significant narrowing in the month-on-month growth rate of third-party breeding data in August, suggests that the prosperous range of pig prices in 2025 may be extended. It is recommended to pay attention to Muyuan Foods, Wens Foodstuff Group, Leshan Giantstar Farming&Husbandry Corporation, Zhejiang Huatong Meat Products, etc.
华福证券:2025年猪价景气区间有望延长
Huafu Securities: In 2025, the prosperous range of pork prices is expected to be extended.
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