Recently, the editor of Animal Husbandry Vision collected and summarized the sales of poultry products of 8 listed poultry companies in March 2024, of which Wen's, Lihua and Xiangjia are mainly yellow feather broiler sales, Yisheng and Minhe are mainly white feather chicken sales, Xiaoming is mainly layer chicken sales, and Shengnong and Xiantan are mainly white feather chicken sales.
Judging from the poultry sales data of 8 listed companies in March 2024, compared with February 2024, yellow-feathered broilers, white-feathered broilers and white-feathered chicks all fell month-on-month, while the price of laying hens increased month-on-month;
Compared with March last year, the sales prices of the eight enterprises fell year-on-year, of which the price of white-feathered chicks fell by nearly 4 percent year-on-year; In the first quarter of 2024, the sales volume of 8 companies was mixed year-on-year, of which the sales volume of white feather chicken increased year-on-year, the sales volume of chicks decreased year-on-year, and Xiaoming decreased by 25%; in terms of sales revenue, Lihua increased year-on-year, and the other 7 companies decreased year-on-year, of which Yisheng decreased by 3%; in terms of sales price, Wen's increased year-on-year, and the other 7 companies all fell, most of which fell by double digits.
The details are as follows:
Wen's broiler sales in the first quarter increased year-on-year
The sales of broilers in March 2024 of Wen's shares, the company sold 97.596 million broilers (including hairy chickens, fresh products and cooked food) in March 2024, an increase of 40.02% month-on-month and a year-on-year increase of 1.77%, a revenue of 2.785 billion yuan, an increase of 33.77% month-on-month and a year-on-year decrease of 2.79%, and an average sales price of hairy chickens of 12.98 yuan/kg, a decrease of 4.49% month-on-month and a year-on-year decrease of 2.70%.
Wen's shares said that in March 2024, the company's broiler 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 broilers slaughtered was less.
In the first quarter of 2024, the company sold 267 million broilers (including hairy chickens, fresh products and cooked food), a year-on-year increase of 0.2%, broiler sales revenue was 7.651 billion yuan, a year-on-year decrease of 1.01%, and the average sales price of hairy chickens was 13.07 yuan/kg, an increase of 1.9% year-on-year. If the cost of broiler breeding is calculated according to 13.0 yuan/kg, there will be a loss in broiler breeding in March 2024.
Lihua shares: In the first quarter, broiler sales and revenue increased year-on-year
Recently, Lihua shares disclosed the sales in March 2024, the company sold 39.2885 million broilers (including chickens, slaughtered products and cooked products) in March 2024, an increase of 29.42% month-on-month, a year-on-year increase of 6.97%, a year-on-year increase of 14 consecutive months, a sales revenue of 1.062 billion yuan, a month-on-month increase of 18.53%, a year-on-year increase of 0.38%, a year-on-year increase of 5 consecutive months, and an average sales price of 12.37 yuan/kg, a month-on-month decrease of 8.78%, a year-on-year decrease of 6.07% , the lowest price since May 2022 and the lowest price in the past 23 months.
In the first quarter of 2024, the company's cumulative sales of broilers were 113 million, a year-on-year increase of 11.68%, and the cumulative sales revenue was 3.191 billion yuan, a year-on-year increase of 11.15%.
According to Lihua shares, in the fourth quarter of 2023, the complete cost of the company's chickens will drop to about 13.0 yuan/kg, and if calculated according to this cost, it is expected that broiler breeding will lose money in March.
Xiangjia shares: live poultry sales and revenue decreased in the first quarter
In March 2024, Xiangjia sold 3,972,400 live birds, an increase of 34.46% month-on-month and a year-on-year increase of 2.99%, a sales revenue of 84 million yuan, a month-on-month increase of 26.73% and a year-on-year decrease of 4.35%, and an average sales price of 10.33 yuan/kg, a month-on-month decrease of 8.03% and a year-on-year decrease of 15.11%.
Xiangjia said that the company's live poultry sales in March 2024 increased month-on-month, mainly due to the fact that February was during the Spring Festival, and the number of sales days in March was higher than that in February.
In the first quarter of 2024, the company's cumulative sales of live poultry were 10,594,300, a year-on-year decrease of 4.53%, and the cumulative sales revenue was 228 million yuan, a year-on-year decrease of 6.92%.
Yisheng shares: Chick sales and revenue in the first quarter decreased year-on-year
In March 2024, the number of white feather broiler chicks sold by Yisheng Co., Ltd. was 42.5882 million, a decrease of 2.21% month-on-month, a month-on-month decrease of 15.61% for two consecutive months, and a year-on-year decrease of 3 consecutive months, and the sales revenue was 182 million yuan, a decrease of 12.01% month-on-month, a year-on-year decrease of 47.37%, and a year-on-year decrease for 6 consecutive months.
Yisheng Co., Ltd. said that in March 2024, the sales unit price of white feather broiler chicks fell year-on-year, and the company's sales volume decreased year-on-year, so the company's sales revenue of white feather broiler chicks decreased year-on-year.
In the first quarter of 2024, the cumulative sales of the company's white feather broiler chicks were 130 million, a year-on-year decrease of 13.48%, and the cumulative sales revenue was 549 million yuan, a year-on-year decrease of 30.34%. In March 2024, the sales volume of Yisheng 909 small white feather broiler chicks was 7.8856 million, an increase of 4.98% month-on-month, a month-on-month increase of 17.51% for 5 consecutive months, and the monthly sales volume in March was the highest in the past 14 months, and the sales revenue was 9.4654 million yuan, a decrease of 11.00% month-on-month, a year-on-year decrease of 28.75%, a year-on-year decrease for 8 consecutive months. only, down 15.22% month-on-month and 39.37% year-on-year, declining year-on-year for 11 consecutive months.
In the first quarter of 2024, the cumulative sales of the company's 909 small white feather broiler chicks were 22.7589 million, a year-on-year decrease of 2.58%, and the cumulative sales revenue was 291.789 billion yuan, a year-on-year decrease of 32.85%.
Minhe shares: In the first quarter, the sales volume and revenue of chicks decreased year-on-year
In March 2024, Minhe Co., Ltd. sold 24.4106 million commercial chicken seedlings, an increase of 20.52% month-on-month, a year-on-year increase of 3.06%, and the monthly sales volume in March was the highest in the past 11 months, and the sales revenue was 85 million yuan, an increase of 4.83% month-on-month, a year-on-year decrease of 36.97%, and the monthly income in March was the highest in the past 11 months.
Minhe said that the company's sales revenue of commercial chicken seedlings decreased by 36.97% year-on-year, mainly due to the high enthusiasm of the industry in the same period last year and the high price of commercial chicken seedlings.
In the first quarter of 2024, the cumulative sales of the company's chicks were 62.2005 million, a year-on-year decrease of 9.46%, and the cumulative sales revenue was 219 million yuan, a year-on-year decrease of 21.15%.
Xiaoming shares: The price of chicks rose in March, and the sales volume and income of chicks in the first quarter decreased year-on-year
Xiaoming sold 17.6095 million chicken products in March 2024, an increase of 30.96% month-on-month, and the monthly sales volume in March was the highest in the past 4 months, a year-on-year decrease of 24.91%, a year-on-year decrease for 4 consecutive months, and the sales revenue was 55 million yuan, an increase of 46.31% month-on-month, and the monthly income in March was the highest in the past 10 months, a year-on-year decrease of 29.48%, a year-on-year decrease for 6 consecutive months. feather, up 11.72% month-on-month, and the average price in March was the highest in nearly 11 months, down 6.08% year-on-year.
In the first quarter of 2024, the cumulative sales volume of the company's chicken products was 46.4361 million birds, a year-on-year decrease of 24.74%, and the cumulative sales revenue was 137 million yuan, a year-on-year decrease of 28.1%.
Xiaoming shares said that in March 2024, the demand for chicken products in the current period improved, and the company adjusted its marketing layout in a timely manner according to market conditions, and the number of sales and revenue increased significantly compared with the previous month.
Sunner Development: In the first quarter, the sales volume of chicken products increased year-on-year, and the revenue decreased year-on-year
Sunner Development achieved sales revenue of 1.518 billion yuan in March 2024, an increase of 46.21% month-on-month and a year-on-year decrease of 3.37%. In the first quarter of 2024, the company's cumulative sales revenue was 4.215 billion yuan, a year-on-year decrease of 7.12%.
First, poultry breeding and processing sector
In March 2024, the sales volume of chicken in the poultry breeding and processing sector was 123,400 tons, an increase of 118.60% month-on-month and a year-on-year increase of 20.88%, and the sales revenue of chicken meat was 1.208 billion yuan, an increase of 96.73% month-on-month and a year-on-year increase of 0.36%, and the average sales price of chicken in the poultry breeding and processing sector in March 2024 was 9.79 yuan/kg, down 9.92% month-on-month and 16.92% year-on-year, declining year-on-year for 9 consecutive months.
In the first quarter of 2024, the cumulative sales volume of chicken meat in the poultry breeding and processing sector was 293,500 tons, a year-on-year increase of 10.84%, and the cumulative sales revenue was 2.983 billion yuan, a year-on-year decrease of 3.87%.
2. Deep-processed meat products sector
In March 2024, the sales volume of deep-processed meat products was 26,000 tons, an increase of 6.35% month-on-month and 0.59% year-on-year. The sales revenue was 582 million yuan, an increase of 4.94% month-on-month and a year-on-year decrease of 1.70%. After calculation, the average sales price of chicken in the deep-processed meat products sector in March 2024 was 22.38 yuan/kg, down 1.59% month-on-month, down 2.07% month-on-month for 2 consecutive months, and down 2.07% year-on-year for 13 consecutive months.
In the first quarter of 2024, the cumulative sales volume of products in the deep-processed meat products segment was 80,600 tons, a year-on-year increase of 11.02%, and the cumulative sales revenue was 1.918 billion yuan, a year-on-year decrease of 4.43%.
3. Comparison of the two major plates
Sunner Development said that starting from the big food development strategy, the company continues to maintain increments while doing a good job in internal cost control. In terms of the cumulative number from January to March, the production and sales volume of the aquaculture sector and the food deep processing sector have maintained a growth level of more than 10%, especially the slaughter volume of the aquaculture sector has increased by more than 25% year-on-year. From the cost side, under the influence of multiple factors such as the improvement of management efficiency, the decline in the price of bulk raw materials and the warming weather, the company's comprehensive meat production cost decreased significantly year-on-year, and the profitability of the food sector increased.
Xiantan shares: In the first quarter, the sales volume of chicken products increased year-on-year, and the revenue decreased year-on-year
In March 2024, Xiantan Co., Ltd. achieved sales of 47,300 tons of chicken products, an increase of 197.71% month-on-month and a year-on-year decrease of 0.45%, and a sales revenue of 400 million yuan, an increase of 171.66% month-on-month and a year-on-year decrease of 19.25%, and calculated that in March 2024, the average sales price of chicken products was 8.46 yuan/kg, down 8.68% month-on-month and 18.91% year-on-year, declining year-on-year for 10 consecutive months.
In the first quarter of 2024, the cumulative sales volume of the company's chicken products was 112,100 tons, a year-on-year increase of 4.09%, and the cumulative sales revenue was 1.001 billion yuan, a year-on-year decrease of 11.92%.
1. Poultry breeding and processing industry
In March 2024, the poultry breeding and processing industry achieved sales of 45,300 tons of chicken products, an increase of 209.95% month-on-month and a year-on-year decrease of 2.05%, and the sales revenue was 371.615 million yuan, an increase of 184.62 month-on-month and a year-on-year decrease of 22.36%, and it was calculated that in March 2024, the average sales price of chicken products was 8.20 yuan/kg, down 8.27% month-on-month and 20.65% year-on-year, declining year-on-year for 10 consecutive months.
In the first quarter of 2024, the cumulative sales volume of the company's chicken products was 106,700 tons, a year-on-year increase of 2.01%, and the cumulative sales revenue was 927 million yuan, a year-on-year decrease of 15.19%.
Second, the food processing industry
In March 2024, the food processing industry achieved sales of chicken products of 2,000 tons, an increase of 56.25% month-on-month and a year-on-year increase of 59.31%, and sales revenue of 28 million yuan, an increase of 70.40% month-on-month and a year-on-year increase of 69.52%;
In the first quarter of 2024, the cumulative sales volume of the company's chicken products was 5,500 tons, a year-on-year increase of 77.42%, and the cumulative sales revenue was 74 million yuan, a year-on-year increase of 70.36%.
Xiantan Co., Ltd. said that since the Spring Festival holiday in 2024 is in February, according to the company's production plan, the number of production days in March 2024 will increase compared with February 2024, resulting in a month-on-month increase in the sales volume of the company's chicken products, and a corresponding increase in sales revenue.