New Hope Group sold 1.5915 million pigs in December 2024, up 8% year-on-year and 26.35% month-on-month; pig sales revenue was 2.410 billion yuan, up 31.69% year-on-year. 17.56% month-on-month.
According to Wind, pork prices have rebounded strongly since May last year, reaching a high of 27.77 yuankg by the end of August, and then began to fluctuate and fall back, but still maintained a high level compared with 2023. .
Shanxi Securities pointed out that this round of pork price increases russia telegram data since 2024 has been rarely accompanied by a significant decline in upstream raw material prices, which will help the pig farming industry further expand its profit margins.
Guosheng Securities also believes that the winter solstice has passed, the peak consumption period is basically over, and the concentrated increase on the supply side will also slow down. Based on the pricing performance since November 2024, pork prices are basically supported at 16 yuankg, which is better than market expectations. This price still brings considerable profits for leading companies. From a cyclical dimension, trading in pig stocks is currently weak, but considering the relatively strong pig price performance and the cost reduction of leading pig companies, the future performance release of leading pig companies remains optimistic.