Muyuan Foods (SZ:002714) Zhong Guo Jin Rong Xin Xi Wang·2025-03-31 00:50Group 1 - The core viewpoint of the articles indicates that the pig futures market is experiencing pressure due to stable spot prices early in the week and increased supply as companies accelerate sales to meet monthly targets [1][2] - The average price of live pigs in China as of March 28 was 14.64 yuan per kilogram, showing a slight decline from the previous week [1] - Analysts predict that the supply of pigs will increase from April to May, leading to a market condition of excess supply and weak demand, which will limit the potential for price increases [2][3] Group 2 - Major pig farming company Muyuan Foods reported a revenue of 137.947 billion yuan for 2024, a year-on-year increase of 24.43%, and a net profit of 17.881 billion yuan, up 519.42% [3] - Muyuan Foods has successfully reduced its pig farming costs from 15.8 yuan per kilogram in January-February to 13 yuan per kilogram by December, a decrease of 17.7% [3] - The company aims for a stable growth strategy, with a target of maintaining an average cost of 12 yuan per kilogram in 2025, having already achieved a cost of 12.9 yuan per kilogram in February [3][4]