Betagro's recovery bets build as pork prices rise and brokers turn positive
Pork and chicken prices climb on tighter supply Farm-gate pork rose to 75.5 baht per kg and chicken to 46 baht, up sharply from this year's lows, as small farmers cut herds and El Niño heat slows pig growth. Higher meat prices directly lift Betagro's sales and margins.
This is the core force behind the earnings recovery brokers expect and the main reason BTG is being recommended.
Brokers upgrade BTG as Q2 marks the bottom After weak Q2 results, several brokers now say the worst is over. KGI upgraded BTG to Buy with a 25.40 baht target, and Kasikorn and Trinity name it a top pick for the second-half recovery, expecting profit to grow about 14% in 2027.
This shows the shift in professional opinion that is driving buying interest in BTG shares.
Weak baht and full order books boost exports A weaker baht, helped by US and Japanese rate hikes, makes Thai exports cheaper. Betagro's advance orders are full through the end of 2026, with strong demand from Japan, Europe and South Korea, supporting sales and profit.
Export strength is a key part of the recovery story and a reason analysts favour BTG.
New products and premium branding expand margins Betagro launched Dishdash delivery kitchens, Perfecta premium pet food, and its S-Pure eggs became Thailand's first Suphannahong-certified brand. These moves into higher-margin food and pet segments aim to lift profitability over time.
These are new business initiatives that could improve Betagro's product mix and long-term earnings.