Some people in the yellow feather chicken industry said that this year's "long losses", "low highs" and "short profits" are true portrayals of the industry.
Judging from the first three quarters, Wen's shares, Lihua shares, and Xiangjia shares all turned losses year-on-year. "Last year's profitability was longer, and this year's two months are slightly better, so the performance is under pressure. Xiangjia shares related people said.
Looking forward to next year, some analysts said that the oversupply of yellow-feathered broilers in 2024 may be alleviated, and the price may rise year-on-year, but the increase may not be large. Wen's shares pointed out that "the current yellow feather broiler industry parent breeder inventory is at a low level in recent years, and it is expected that next year's chicken prices will be better than this year's average." ”
Comparison of the performance of listed companies in livestock and poultry breeding
Judging from the comparison of the performance of listed companies in the livestock and poultry breeding industry, in terms of broilers, in 2022, the sales volume of chicken meat of Xiantan Co., Ltd. and Shengnon Development Co., Ltd. will increase compared with the previous year, reaching 487,000 tons and 1.1411 million tons, respectively, and the sales volume of broiler chickens of Wen's Co., Ltd. will be 1.081 billion, basically the same as the previous year.
Zou Yuwei, a chicken industry analyst at Shanghai Ganglian Agricultural Products Division, said, "The main reason for this year's downturn is due to the mismatch between supply and demand in the yellow feather chicken market. After the epidemic in 2023, the industry is generally optimistic about the market, and the market supply will increase, and this year, not only the market of yellow feather broilers is sluggish, but the prices of other varieties of broilers and substitute pigs have also been weak for a long time, the national meat consumption is overconsumption, and the demand recovery is less than expected, and the phenomenon of oversupply in the yellow feather broiler market has only begun to improve in the second half of the year, but there is still a large gap compared with last year. ”
Zou Yuwei believes that "the oversupply of yellow-feathered broilers in 2024 may be alleviated, the stock of breeders will continue to decrease, the supply will decrease, and the demand will recover, and the price of yellow-feathered broilers will rise year-on-year in 2024, but the increase may not be large." ”
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