At the level of listed companies, ST Huaying (00232 1. SZ) is an enterprise in the whole industrial chain of white feather meat duck. Yike Food (30 1 1 16. SZ) accounts for nearly half of the income of duck fry and duck meat products, and New Hope (000876. SZ) and Xiang Jia (000876. "In the past, the meat duck industry often lagged behind the broiler industry, and this cycle was almost synchronous. The company's benefit in the second half of the year is much higher than that in the first half. If the impact of foreign bird flu continues to stimulate, pig prices will rise steadily, and the industry boom is expected to last for a long time. " In the face of the cailian reporter calling for consultation as an investor, the staff of ST Huaying Securities Department said.
The meat duck industry chain is booming.
Since the second half of the year, the growth rate of white feather broiler parents' substitute chickens has exceeded 200%, and the price of commercial substitute chickens has doubled. The price of meat duck industry chain, that is, poultry industry, also rose sharply in the second half of the year.
According to the statistics of Mysteel agricultural products, the price of commercial white feather ducklings once fell below 2 yuan/feather in the first half of the year, but in the third quarter, the seedling price broke through the high level of the year and rose to 7 yuan/feather, which was much higher than that of commercial white feather broilers. 65438+1early October, seedling prices continued to rise. In June 165438+ 10, most small and medium-sized enterprises entered the cultivation period, and the price support of seedlings weakened, and the price continued to decline step by step. Up to now, the whole is still running at a high level.
Cailian reporter is concerned that the price fluctuation of white feather duck is basically the same as that of ducklings. The difference is that the price of duck fry decreased in the first half of June, 165438+ 10, but the price of duck meat continued to rise due to the demand in the south pickling season and the high delivery cost in the early stage.
According to the statistics of Shanghai Steel Union, the average market price of dried duck was 3.84 yuan/kg in the first half of this year, and the price of dried duck remained above 5 yuan/kg in June 5438+065438+ 10, which was much higher than that in the first half of this year.
The relevant person in charge of Yike Food told the Cailian reporter that the industry has experienced a long period of downturn and the supply-side production capacity has declined, which has supported the price increase of Baiyu meat duck chain products. "The supply of ducklings increased in the second half of the year, so the price dropped. Although the ancestors of white feather meat ducks have been bred in China, there will be no gap caused by introduction like white feather broilers, but it will still take some time for biological assets to recover, and the current increased supply is relatively limited. "
In this regard, He Liming, duck industry analyst of Lian Gang Agricultural Products Division, told Cailian that although ducks are red meat and the cycle situation is more closely related to pigs, pigs, chickens and ducks are all related in history, showing synchronous or sequential changes. The above-mentioned person in charge of Yike Food also said that duck neck and duck intestines in white feather meat duck products are mainly used as snack foods, which have little contact with broilers, but duck breast meat can replace chicken in the group meal market. The price of duck meat is usually slightly lower than that of chicken, but this year the prices of the two are close.
As for the price trend of meat duck industry chain in the later period, He Liming thinks that in the short term, the price of egg seedlings is weak at the end of 1 1 due to the continuous influence of incubation period and downstream game, and it is still supported in the medium and long term from the perspective of national emergence and market demand. The recent drop in seedling prices will lead to a reduction in the cost of dried ducks in late June. However, on the premise that there are many traditional festivals in June 5438+February and the products are shipped quickly, the quotation or overall shock of dried ducks will dominate.
Relevant listed companies actively expand production.
With the new boom cycle of the industry, relevant listed companies are actively expanding their production.
The person in charge of Yike Food told Cailian that the annual output of chicken and duck seedlings accounts for about one-third of the demand of cooperative farmers. In order to improve the synergy of the company's industrial chain, we are actively increasing the production capacity of poultry seedlings through cooperation and leasing.
ST Huaying, the relevant person in charge of the company, said that at present, the company's poultry breeding, incubation, commercial duck breeding and slaughter are all in the stage of continuous recovery of production capacity. This year, the company's commercial ducklings are no longer exported, but all of them are autotrophic to increase production and match the downstream slaughter capacity.
Cailian reporter reported that Cherry Valley Breeding Technology Co., Ltd., the sole supplier of China Cherry Valley Duck Zu Duck, is sprinting for the IPO of the main board of Shanghai Stock Exchange in the second half of this year. The total investment of the proposed investment project is 258 million yuan, and the funds to be raised are 654.38+84 billion yuan. The main fundraising projects are the Cherry Valley Breeding Center project and the incubator and scientific research office building project that incubates ducklings100000 each year.