Recently, 18 listed pig companies (Muyuan, Wen's, New Hope, Tianbang, Dabeinong, Aonong, Tangrenshen, Zhengbang, COFCO, Huatong, Tiankang, Shennong, Jingji Zhinong, Jinxinong, Lihua, Luoniushan, Dongrui and Zhenghong) have successively announced the sales of live pigs in March 2024, according to the statistics of large animal husbandry, the total number of live pigs sold by 18 listed pig enterprises in March 2024 was 12.7632 million heads, an increase of 369,500 heads year-on-year, an increase of 2.98%;
In the first quarter of 2024, the total number of live pigs sold will be 37,515,700 heads, an increase of 2,608,500 heads or 7.47% year-on-year.
The total pig sales revenue of the 16 listed pig enterprises (excluding Aonong and COFCO) in March 2024 was 20.127 billion yuan, an increase of 815 million yuan or 4.22% year-on-year, and in the first quarter of 2024, the total live pig sales revenue was 55.224 billion yuan, an increase of 3.125 billion yuan or 6.0% year-on-year.
14 listed pig companies announced the average sales price of commercial pigs in March 2024, which was basically around 14 yuan/kg, up month-on-month and down year-on-year.
The details are as follows:
Muyuan shares: the number of sows that can reproduce increased, with 16.01 million live pig sales in the first quarter, an increase of 15.6%, and piglet sales of about 600,000 heads, an increase of 42.8%
On April 8, 2024, Muyuan Co., Ltd. disclosed the sales of live pigs in March 2024, the company sold 5.471 million live pigs in March 2024, an increase of 3.81% over the average of 5.27 million heads in January and February 2024, a year-on-year increase of 9.4%, a sales revenue of 9.075 billion yuan in March 2024, an increase of 9.1% over the average value of 8.318 billion yuan in January and February 2024, a year-on-year increase of 3.73%, and an average sales price of commercial pigs in March 2024 of 14.24 yuan / kilograms, up 2.89% from the average price from January to February 2024 and down 5.07% year-on-year.
According to Muyuan's public statement, the company's complete cost of pig breeding from January to February 2024 is about 15.8 yuan/kg.
In the first quarter of 2024, the company sold 16.011 million live pigs, a year-on-year increase of 15.64%, and the company's sales revenue was 25.71 billion yuan, a year-on-year increase of 9.8%. Among them, in March 2024, the company sold 475,000 piglets, a year-on-year increase of 98.74%, accounting for 8.68% of the total sales, and the monthly sales volume and proportion in March were the highest since August 2022. In the first quarter of 2024, the company sold 597,000 piglets, a year-on-year increase of 42.82%, accounting for 3.73% of the total sales.
In March 2024, the company sold 4.937 million commercial pigs, a year-on-year increase of 4.05%, and in the first quarter of 2024, the company sold 15.307 million commercial pigs, a year-on-year increase of 14.44%. In March 2024, the company sold 59,000 breeding pigs, a year-on-year increase of 268.75%, and in the first quarter of 2024, the company sold 107,000 breeding pigs, a year-on-year increase of 109.8%, the highest in a single quarter since the third quarter of 2022.
In March 2024, a total of 855,000 live pigs were sold to its wholly-owned subsidiary, Muyuan Meat Food Co., Ltd. and its subsidiaries, a year-on-year increase of 0.59%, accounting for 15.63% of the total sales, and in the first quarter of 2024, the company's internal sales totaled 2.936 million live pigs, a year-on-year increase of 17.58%, accounting for 18.34% of the total sales, accounting for basically the same proportion as last year.
As of the end of March 2024, the company's breeding sow herd was 3.142 million heads, exceeding 3 million heads for four consecutive quarters and hitting a record high. In the first quarter of 2024, the sales volume and revenue of live pigs are the highest in the past five years, and they are also increasing year by year.
Wen's pig and broiler sales in March and Q1 2024
On April 8, 2024, Wen's shares disclosed the sales of pork pigs in March 2024, the company sold 2.6205 million pigs (including hairy pigs and fresh products) in March 2024, an increase of 36.34% month-on-month and a year-on-year increase of 26.42%, revenue of 4.727 billion yuan, an increase of 41.61% month-on-month and a year-on-year increase of 26.02%, and the average sales price of hairy pigs was 14.73 yuan/kg, up 3.08% month-on-month, rising month-on-month for three consecutive months and down 3.09% year-on-year , declining year-on-year for 11 consecutive months.
Wen's shares said that in March 2024, the company's pig sales and revenue increased month-on-month, mainly due to the fact that February coincided with the Spring Festival consumption into the off-season and the number of sales days was less, and the number of pigs slaughtered was less. It is calculated that in March 2024, the average weight of the company's pig sales will be 122.46 kg/head, up 0.77% month-on-month and 2.86% year-on-year, and the average monthly weight in March will be the highest in the past 11 months.
In the first quarter of 2024, the company sold 7.1799 million pigs (including hairy pigs and fresh products), a year-on-year increase of 28.32%, completing 21.76 of this year's pig sales target of 33 million heads, revenue of 12.309 billion yuan, a year-on-year increase of 24.45%, and the average sales price of hairy pigs was 14.26 yuan/kg, a year-on-year decrease of 3.97%. If the cost of pig breeding is calculated at 15.6 yuan/kg, pig breeding will still be in a state of loss in March 2024, losing money for 6 consecutive months, but the loss is decreasing. Hog sales and revenue in the first quarter of 2024 were both higher than the same period in the previous four years.
New Hope: Hog sales and revenue in the first quarter of 2024 decreased year-on-year
On April 8, 2024, New Hope disclosed the sales of live pigs in March 2024, the company sold 1.5255 million live pigs in March 2024, an increase of 16.56% month-on-month and a year-on-year decrease of 9.79%, revenue of 2.304 billion yuan, an increase of 25.49% month-on-month and a year-on-year decrease of 10.80%, and the average sales price of commercial pigs was 14.34 yuan/kg, up 3.46% month-on-month, rising month-on-month for three consecutive months, the highest price in the past five months, down 4.65% year-on-year , declining year-on-year for 11 consecutive months.
According to New Hope's recent institutional survey, the cost of fat pigs slaughtered in the company's operating yard line has decreased quarter by quarter, from 17.4 yuan/kg in the first quarter of 2023 to nearly 15.8 yuan/kg in the fourth quarter of 2023, and the average fattening cost target in 2024 is 15.5 yuan/kg, because the average cost of fat pigs in 2023 is 16.7 yuan/kg, which is equivalent to a decrease of 1.2 yuan/kg, and it is hoped that the fattening cost will be fully entered within 15 yuan by the end of 2024.
In the first quarter of 2024, the company sold 4.5591 million live pigs, a year-on-year decrease of 3.31%, completing 19.4% of this year's live pig sales target of 23.5 million heads, and sales revenue was 6.299 billion yuan, a year-on-year decrease of 12.21%. Hog sales and revenues in Q1 2024 were lower than the same period in 2023.
Tianbang Food: In the first quarter of 2024, the sales volume of live pigs exceeded 1.5 million, and the sales of piglets increased by 270% year-on-year
On April 8, 2024, Tianbang Food disclosed the sales of commercial pigs in March 2024, the company sold 409,000 commercial pigs in March 2024, an increase of 1.96% month-on-month and a year-on-year decrease of 24.54%, sales revenue of 605 million yuan, an increase of 36.65% month-on-month and a year-on-year decrease of 31.47%, and the average sales price was 15.50 yuan/kg, up 4.24% month-on-month and 0.78% year-on-year, the highest price in the past 6 months, of which the average price of commercial fat pigs was 14.59 yuan/ kilograms, up 8.07% month-on-month, the highest price in the past five months, down 4.01% year-on-year, and falling year-on-year for 11 consecutive months.
In the first quarter of 2024, the company sold 1.5117 million commercial pigs, a year-on-year increase of 13.84%, sales revenue of 1.687 billion yuan, a year-on-year decrease of 17.5%, and an average sales price of 14.2 yuan/kg, a year-on-year decrease of 3.22%, of which the average price of commercial fat pigs was 13.62 yuan/kg, a year-on-year decrease of 7.54%.
Tianbang Food said that the company's pig sales and sales revenue increased month-on-month in March 2024, mainly due to the slight increase in commercial pig slaughter in March this year and the month-on-month increase in pig prices in March. In addition, the joint-stock company sold a total of 122,700 commercial pigs in March 2024, and the cumulative sales volume in the first quarter of 2024 was 235,900 heads. Among them, in March 2024, the company sold 97,400 piglets, a decrease of 23.31% month-on-month and a year-on-year increase of 65.46%, accounting for 23.81% of the total sales, and in the first quarter of 2024, the company sold 460,500 piglets, a year-on-year increase of 270.22%, accounting for 30.46% of the total sales, accounting for an increase of 21 percentage points compared with the same period last year.
In addition, in March 2024, the number of live pigs slaughtered by the company was 124,800, an increase of 32.41% month-on-month, a year-on-year increase of 46.69%, a year-on-year increase of 10 consecutive months, and in the first quarter of 2024, the number of live pigs slaughtered by the company was 39.47, a year-on-year increase of 146%.
Zhengbang Technology: In the first quarter, the sales volume and revenue of live pigs decreased by about 5% year-on-year
Zhengbang Technology sold 272,100 live pigs in March 2024, an increase of 23.22% month-on-month, a year-on-year decrease of 44.15%, and a year-on-year decrease for 4 consecutive months, a sales revenue of 265 million yuan, a month-on-month increase of 36.79%, a year-on-year decrease of 51.33%, and a year-on-year decrease for 32 consecutive months, and the average sales price of commercial pigs (after deducting piglets) was 13.88 yuan/kg, up 4.67% month-on-month, down 6.34% year-on-year, and a year-on-year decline for 11 consecutive months.
Zhengbang Technology said that in March 2024, the company's pig sales volume and sales revenue decreased significantly year-on-year, mainly due to the company's increase in piglet fattening and seedling, and the large month-on-month increase in sales revenue was mainly due to the increase in sales volume and average sales price. In the first quarter of 2024, the company sold 922,700 live pigs, a year-on-year decrease of 46.55%, and sales revenue was 853 million yuan, a year-on-year decrease of 46.51%.
Zhengbang Technology said that from January to March 2024, the company's pig sales volume and sales revenue decreased significantly year-on-year, mainly due to the adjustment of the company's business strategy.
Among them, in March 2024, the company's commercial pig sales were 100,300 heads, an increase of 24.13% month-on-month, a year-on-year decrease of 58.31%, and a year-on-year decrease for 24 consecutive months, the average sales price of commercial pigs (after deducting piglets) was 13.88 yuan/kg, up 4.67% month-on-month, down 6.34% year-on-year, and a year-on-year decline for 11 consecutive months, and the average sales weight of commercial pigs was 1133.32 kg/head, up 2.07% month-on-month and 14.08% year-on-year , up year-on-year for 3 consecutive months.
In March 2024, the company sold 171,800 piglets, an increase of 22.71% month-on-month, a year-on-year decrease of 30.33%, accounting for 63.14% of the total sales, and the average sales price of piglets in March was 462 yuan/head, up 19.68% month-on-month, rising month-on-month for 5 consecutive months, the highest price in nearly 10 months, down 11.16% year-on-year, and declining year-on-year for 10 consecutive months.
In the first quarter of 2024, the number of piglets sold by the company was 553,100 heads, a year-on-year decrease of 46.49%, accounting for 59.94% of the total sales.
COFCO Jiakang: The number of live pigs slaughtered in the first quarter decreased by more than 3% year-on-year
COFCO Jiakang slaughtered 257,000 pigs in March 2024, an increase of 25.98% month-on-month, a year-on-year decrease of 37.01%, and a year-on-year decrease for three consecutive months; the average sales price of commercial pigs was 14.65 yuan/kg, up 1.31% month-on-month, and rose month-on-month for three consecutive months, the highest price in the past five months, down 4.37% year-on-year, and a year-on-year decline for 11 consecutive months; and the sales volume of fresh pork was 20,500 tons, an increase of 44.37% month-on-month and a year-on-year decrease of 1.91%.
In the first quarter of 2024, the company's cumulative pig slaughter volume was 812,000 heads, a year-on-year decrease of 36.01%, and the cumulative sales of fresh pork were 58,200 tons, a year-on-year decrease of 7.32%.
Aonong Biological: In the first quarter, the sales of live pigs decreased by three percent year-on-year, and the number of live pigs continued to decrease
Aonong Bio's live pig sales in March 2024 were 211,700 heads, a year-on-year decrease of 54.65%, and the monthly sales volume in March was the lowest since May 2021.
At the end of March 2024, the company's live pig inventory was 524,100 heads, a decrease of 76,900 heads, or 12.8%, a month-on-month decrease for 12 consecutive months, a year-on-year decrease of 1,905,500 heads, a decrease of 78.43%, a year-on-year decrease of 8 consecutive months, and a year-on-year decrease of 1,905,500 heads, a year-on-year decrease of 78.43%, a year-on-year decrease for 8 consecutive months, and a decrease of 6 million live pigs in March 2024 to the level of June 2020.
Aonong Biotech said that according to the market situation, the company will continue to adhere to the strategy of "stabilizing the word and continuing to reduce costs" this year, continue to optimize inefficient pig breeding units, appropriately reduce the total inventory size, and effectively promote cost reduction.
In the first quarter of 2024, the company sold 964,100 live pigs, a year-on-year decrease of 30.44%.
Shennong Group: The sales volume of live pigs in the first quarter was about 500,000 heads, a year-on-year increase of 41%
In March 2024, Shennong Group sold 170,800 live pigs, an increase of 30.48% month-on-month and 42.23% year-on-year, sales revenue of 284 million yuan, an increase of 35.24% month-on-month and a year-on-year increase of 30.88%, and the average sales price of commercial pigs was 14.01 yuan/kg, up 7.44% month-on-month, ending a month-on-month decline for 6 consecutive months, the highest price in the past 4 months, down 4.04% year-on-year, and a year-on-year decline for 11 consecutive months.
In the first quarter of 2024, the company sold a total of 496,900 live pigs, a year-on-year increase of 40.96%, completing 19.9% of this year's live pig sales target of 2.5 million heads, and sales revenue was 809 million yuan, a year-on-year increase of 29.44%.
Among them, in March 2024, the company's commercial pig sales were 163,200 heads, an increase of 27.0% month-on-month and 38.54% year-on-year, and in the first quarter of 2024, the company's cumulative sales of commercial pigs were 479,700 heads, a year-on-year increase of 38.16%.
In March 2024, 33,300 live pigs were sold to the group's internal slaughtering enterprises, an increase of 88.14% month-on-month and 7.42% year-on-year, accounting for 19.5% of the total sales, and the monthly slaughter volume in March was the highest since the data was released in July 2022, and in the first quarter of 2024, a total of 76,600 live pigs were sold to the group's internal slaughtering enterprises, a year-on-year increase of 15.36%, accounting for 15.42% of the total sales, a decrease of 3.4 percentage points over the same period last year.
Dawnrays shares: The monthly sales volume in March was the highest in the past 11 months, and the sales volume and revenue of live pigs in the first quarter decreased year-on-year
Dawnrays sold 62,800 live pigs in March 2024, an increase of 37.12% month-on-month and a year-on-year decrease of 24.06%, and the monthly pig sales in March were the highest in nearly 11 months, and the sales revenue was 105 million yuan, an increase of 32.72% month-on-month, a year-on-year decrease of 4.55%, a year-on-year decrease for 10 consecutive months, and the average sales price of commercial pigs was 16.04 yuan/kg, up 0.05% month-on-month and down 0.5% year-on-year.
In the first quarter of 2024, the company's cumulative sales of live pigs were 166,400 heads, a year-on-year decrease of 20.72%, completing 20.8% of this year's pig sales target of 800,000 heads, and the cumulative sales revenue was 271 million yuan, a year-on-year decrease of 12.3%.
Among them, in March 2024, 3,700 live pigs were sold to Heyuan Dongrui Meat Food Co., Ltd., a wholly-owned subsidiary, an increase of 311.11% month-on-month, accounting for 5.89% of the total sales, and in the first quarter of 2024, a total of 7,100 live pigs were slaughtered.
Dabeinong: The number of live pigs sold in the first quarter increased year-on-year, and the revenue decreased year-on-year
In March 2024, the total number of live pigs sold by the holding and joint-stock companies of Dabeinong Company was 490,300 heads, an increase of 50.08% month-on-month and 8.28% year-on-year, the total sales revenue was 760 million yuan, an increase of 56.7% month-on-month and a year-on-year increase of 3.54%, and the average price of commercial fat pigs was 14.41 yuan/kg, up 4.12% month-on-month, rising month-on-month for 3 consecutive months, the highest price in nearly 5 months, down 2.31% year-on-year, and declining year-on-year for 11 consecutive months.
Dabeinong said that in March 2024, the number of live pig sales and revenue increased month-on-month, mainly due to the gradual release of production capacity.
In the first quarter of 2024, the cumulative sales volume of live pigs of Dabeinong Holdings and its joint-stock companies was 1.452 million heads, a year-on-year increase of 0.99%, and the cumulative sales revenue was 2.169 billion yuan, a year-on-year decrease of 5.45%.
Tang Renshen: In the first quarter, pig sales and revenue increased year-on-year, and piglet sales in March were the most in the past 33 months
Tang Renshen's live pig sales in March 2024 were 346,800 heads, an increase of 27.50% month-on-month and a year-on-year increase of 30.38%, and the total sales revenue was 519 million yuan, an increase of 29.82% month-on-month and a year-on-year increase of 20.27%.
Tang Renshen said that the main reason for the year-on-year and month-on-month growth of the company's pig sales in March 2024 was the gradual release of pig production capacity and the increase in slaughter.
In the first quarter of 2024, the cumulative sales volume of live pigs was 947,000 heads, a year-on-year increase of 20.78%, and the sales revenue was 1.333 billion yuan, a year-on-year increase of 7.77%. Among them, in March 2024, the company's commercial pig sales were 289,000 heads, an increase of 16.96% month-on-month and 20.27% year-on-year, and in the first quarter of 2024, the company's cumulative sales of commercial pigs were 829,800 heads, a year-on-year increase of 14.53%. In March 2024, the number of piglets sold by the company was 57,800 heads, an increase of 132.13% month-on-month, a year-on-year increase of 124.9%, accounting for 16.67% of the total sales, and the sales volume of piglets in a single month in March was the most in the past 33 months, that is, the most since July 2021; In the first quarter of 2024, the cumulative number of piglets sold by the company was 117,200 heads, a year-on-year increase of 96.64%, accounting for 12.38% of the total sales, an increase of 5 percentage points compared with the same period last year.
Tiankang Biological: In the first quarter, pig sales and revenue increased year-on-year
Tiankang Biotech sold 259,200 live pigs in March 2024, an increase of 66.15% month-on-month and 22.61% year-on-year, sales revenue of 432 million yuan, an increase of 77.05% month-on-month and 11.92% year-on-year, and the monthly income in March was the highest in the past 18 months, that is, the highest since October 2022, and the average sales price of commercial pigs (after deducting piglets and breeding pigs) was 13.72 yuan/kg, an increase of 3.39% month-on-month , which has risen month-on-month for 2 consecutive months, is the highest price in nearly 5 months, down 8.23% year-on-year, and has fallen year-on-year for 11 consecutive months.
Tiankang Biology said that in March 2024, the main reason for the company's pig sales volume, month-on-month and year-on-year growth was the release of production capacity after some of the company's new breeding bases were put into operation, and the company's pig slaughter volume increased significantly.
In the first quarter of 2024, the company sold 647,200 live pigs, a year-on-year increase of 13.66%, and sales revenue was 1.015 billion yuan, a year-on-year increase of 5.95%.
Kingkey Zhinong: In the first quarter, pig sales and revenue increased year-on-year, of which piglet sales increased significantly month-on-month
In March 2024, Kingkey Zhinong sold 152,100 live pigs, an increase of 11.43% month-on-month, a year-on-year increase of 5.11%, and a year-on-year increase for 6 consecutive months, a sales revenue of 228 million yuan, a month-on-month increase of 14.57%, a year-on-year increase of 3.64%, and a year-on-year increase of 3 consecutive months, and an average sales price of commercial pigs was 14.54 yuan/kg, an increase of 9.82% month-on-month, ending a month-on-month decline of 6 consecutive months, a year-on-year decrease of 4.72%.
In the first quarter of 2024, the company's live pig sales volume was 460,400 heads, a year-on-year increase of 11.53%, completing 16.4% of this year's live pig sales target of 2.8 million heads, and the cumulative sales revenue was 675 million yuan, a year-on-year increase of 13.83%.
Among them, in March 2024, the company sold 15,400 piglets, an increase of 926.67% month-on-month, a year-on-year decrease of 36.36%, a year-on-year decrease for 7 consecutive months, accounting for 10.12% of the total sales, and in the first quarter of 2024, the company's piglet sales were 24,800 heads, a year-on-year decrease of 65.31%, accounting for 5.39% of the total sales, a decrease of 12 percentage points over the same period last year.
Jin Xinnong: In the first quarter, pig sales and revenue increased year-on-year
Jinxinong's live pig sales in March 2024 were 121,700 heads, an increase of 56.63% month-on-month and 37.2% year-on-year, and the sales revenue was 155 million yuan, an increase of 73.14% month-on-month and 60.87% year-on-year, with the highest monthly income in March in the past 16 months, and the average sales price of commercial pigs was 14.77 yuan/kg, up 4.9% month-on-month, rising month-on-month for three consecutive months, down 1.8% year-on-year, and declining year-on-year for 11 consecutive months.
In the first quarter of 2024, the company's live pig sales were 332,600 heads, a year-on-year increase of 19.94%, completing 16.63% of this year's live pig sales target of 2 million heads, and the cumulative sales revenue was 381 million yuan, a year-on-year increase of 20.89%. Among them, in March 2024, the company sold 67,700 commercial pigs and 6,000 breeding pigs, in March 2024, the company sold 47,900 piglets, an increase of 40.86% month-on-month, accounting for 39.36% of the total sales, and in the first quarter of 2024, the company's cumulative sales of piglets were 154,000 heads, accounting for 46.29% of the total sales.
Zhenghong Technology: In the first quarter, the sales volume and income of live pigs decreased by more than 8% year-on-year
Zhenghong Technology sold 3,500 live pigs in March 2024, a decrease of 1.88% month-on-month, a month-on-month decrease of 80.18% for 6 consecutive months, a year-on-year decrease for 5 consecutive months, and the monthly sales volume in March was the least since August 2020, that is, the least in the past 3 and a half years;Sales revenue was 6.9829 million yuan, an increase of 8.65% month-on-month, a year-on-year decrease of 81.02%, and a year-on-year decrease for 5 consecutive months;After calculation, the average sales price of a single head in March 2024 was 1995 yuan/ head, up 11.76% month-on-month and 41.21% year-on-year, rising year-on-year for 2 consecutive months, the highest price in nearly 12 months.
Zhenghong Technology said that the main reason for the year-on-year decrease in the company's pig sales this month was the decrease in the company's pig slaughter.
In the first quarter of 2024, the company sold 10,900 live pigs, a year-on-year decrease of 81.93%, and the cumulative sales revenue was 20 million yuan, a year-on-year decrease of 80.94%.
Yisheng shares: The average sales price of breeding pigs rose in March, and the sales volume and revenue increased significantly in the first quarter
In March 2024, the number of breeding pigs sold by Yisheng Co., Ltd. was 627, an increase of 895.24% month-on-month and a year-on-year increase of 120.00%, and the sales revenue was 1.92 million yuan, an increase of 988.44% month-on-month and a year-on-year increase of 51.19%.
In the first quarter of 2024, the number of breeding pigs sold by the company was 3,175, a year-on-year increase of 709.95%, and the cumulative sales revenue was 9.55 million yuan, a year-on-year increase of 484.22%.
Huatong shares: In the first quarter, the sales volume and revenue of live pigs increased by more than 2% year-on-year
The number of live pigs sold by Huatong in March 2024 was 236,400 heads, an increase of 28.07% month-on-month, a year-on-year increase of 25.89%, and continued to increase year-on-year, and the monthly pig sales in March hit a record high; the sales revenue of live pigs was 402 million yuan, an increase of 32.32% month-on-month, a year-on-year increase of 22.89%, and continued to increase year-on-year; the average sales price of commercial pigs was 14.70 yuan/kg, up 2.80% month-on-month, and rose month-on-month for three consecutive months, the highest price in the past five months, down 5.95% year-on-year.
Huatong Co., Ltd. said that the main reason for the month-on-month change in the sales revenue of live pigs in March 2024 was the increase in sales volume.
In the first quarter of 2024, the company's live pig sales volume was 656,900 heads, a year-on-year increase of 23.01%, completing 16.42% of this year's sales target of 4 million heads, and the cumulative sales revenue was 1.063 billion yuan, a year-on-year increase of 22.56%.
Among them, in March 2024, the number of piglets sold by the company was 19,300 heads, an increase of 131.98% month-on-month and a year-on-year decrease of 57.06%, accounting for 8.14% of the total sales, and in the first quarter of 2024, the number of piglets sold by the company was 49,900 heads, a year-on-year decrease of 61.87%, accounting for 7.6% of the total sales, a decrease of 17 percentage points over the same period last year.
Luo Niushan: In the first quarter, the sales volume of live pigs increased year-on-year, and the revenue decreased year-on-year
Luoniushan sold 74,200 live pigs in March 2024, an increase of 86.11% month-on-month and a year-on-year increase of 6.67%, and the sales revenue was 120 million yuan, an increase of 74.18% month-on-month and a year-on-year decrease of 5.74%.
Luo Niushan said that the main reason for the large month-on-month increase in the number of live pig sales and sales revenue this month is the increase in customer demand after the holiday, and the increase in commercial pigs and piglets slaughtered.
In the first quarter of 2024, the company sold a total of 191,800 live pigs, a year-on-year increase of 14.55%, and sales revenue was 305 million yuan, a year-on-year decrease of 4.35%.
Lihua Co., Ltd.'s sales of broilers and pigs in March and the first quarter of 2024
Lihua sold 78,600 pigs in March 2024, an increase of 121.41% month-on-month and a year-on-year decrease of 5.76%;
sales revenue was 139 million yuan, an increase of 131.67% month-on-month and a year-on-year increase of 19.83%;
The average sales price of pigs was 15.06 yuan/kg, up 2.59% month-on-month, up 0.67% month-on-month for three consecutive months, the highest price in the past five months.
In the first quarter of 2024, the company's cumulative sales of pigs will be 193,100 heads, a year-on-year decrease of 18.56%, and 19.31% of this year's sales target of 1 million heads will be completed;
The cumulative sales revenue was 325 million yuan, a year-on-year decrease of 8.71%.
Lihua Co., Ltd. said that in March 2024, the company's pig sales and sales revenue increased month-on-month, mainly due to the increase in the company's pig slaughter.