Source Gangtise Investment Research
analysts saidcoinmaster50freespinIn 2024Q1, revenue from the pig breeding sector will decrease by approximately 15% year-on-yearcoinmaster50freespin, the average price of live pigs is about 14coinmaster50freespin.4 yuan/kg. The growth rate of Nengfong sows in major pig breeding companies has slowed down significantly since 2023Q3. The full costs of major pig breeding companies have been significantly differentiated. In 2024Q1, the asset-liability ratios of most pig breeding companies have increased significantly (for subsequent production capacity expansion). The pork CPI in April was 0% month-on-month, stronger than seasonal. As Nengfengzhong sows begin to destock in Q1 in 2023, the entire supply of live pigs in Q1 begins to tighten, resulting in an increase in pork prices that is basically in line with market expectations. It is expected that the risk of overall pork price increase in 2024 will be relatively limited.