Pork prices are sluggish, and listed pig companies may lose money for the fourth consecutive quarter

Mondo Culture Updated on 2024-01-31

With the arrival of the end of the year, pork consumption has entered the traditional peak season. However, unlike previous years, this year's pork ** has continued to be sluggish, putting unprecedented pressure on the pork market. Affected by this, listed pig companies are likely to usher in the fourth consecutive quarter of losses this year, and there is a rare "loss year" phenomenon.

In recent years, China's pork market has been showing an imbalance between supply and demand. On the one hand, affected by the African swine fever epidemic, the number of live pigs has dropped sharply, resulting in a tight marketOn the other hand, consumer demand for pork has not decreased significantly, which makes pork ** remain high. However, as the epidemic gradually came under control, the number of live pigs began to recover, and the market gradually increased. At the same time, consumer demand for pork has also declined to a certain extent, which has put pork ** under tremendous pressure.

In this context, the performance of listed pig enterprises has also been seriously affected. According to statistics, since the beginning of this year, a number of listed pig companies have released performance forecasts, and they are expected to lose money throughout the year. Among them, some companies have been losing money for three consecutive quarters. If this trend continues, then listed pig companies will usher in a rare "loss year".

In the face of the current predicament, listed pig companies need to take active measures to deal with it. First of all, enterprises should strengthen cost control and reduce production costs. This includes improving the efficiency of pig breeding, optimizing feed formulation, and reducing the cost of disease prevention and control. Second, companies should increase product innovation and develop more high value-added pork products to meet the diverse needs of consumers. In addition, companies can also increase their market share by expanding sales channels and strengthening brand building.

* Listed pig enterprises should also be given some support. On the one hand, it can help listed pig enterprises tide over the difficulties through financial subsidies, tax incentives and other policies. On the other hand, we should also increase the supervision of the pork market, crack down on illegal behaviors such as hoarding and exaltation, and maintain market order.

In short, although the current pork market is facing severe challenges, as long as the listed pig enterprises and the first pig enterprises work together, I believe that they will be able to get through this difficult period and achieve the sustainable development of the industry.

Related Pages