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China Post Securities: Recently, pork prices have continued to decline slightly, while the growth of production capacity in breeding enterprises has slowed down.
Postal Securities released a research report stating that the current prices in many places have fallen below 17 yuan/kg, and with temperatures gradually decreasing, it is expected that the downward space will be limited in the future.
Guolian Securities: The prosperity of hog farming is increasing, and the prosperity of pet and fodder companies is on the rise.
In Q3 2024, the revenue of the pig sector increased both year-on-year and quarter-on-quarter. In the third quarter of 2024, the 15 listed pig companies achieved a revenue of 126.516 billion yuan, a year-on-year increase of 3.20%, and a quarter-on-quarter increase of 18.01%.
Shenwan Hongyuan: Focus on the theme of food security, focusing on the planting industry, hog farming, and pet food across multiple sectors.
According to statistics from the 37 listed companies tracked by Shenwan Agriculture, Forestry, Animal Husbandry and Fisheries, the total net income attributable to the mother in Q3 2024 reached 18.4 billion yuan, a year-on-year increase of 358%, with hog farming and pet food performance growth ranking at the top.
Express News | Muyuan Foods: The current breeding pig system can support higher production performance at the farming end.
Express News | Muyuan Foods: In October, the company's hog farming total production cost decreased month-on-month, and some production indicators also improved.
Muyuan Foods Grows Pig Sales Revenue in October
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