Cai Jing Wang·2025-06-10 12:00Core Viewpoint - The pig farming industry is experiencing significant growth in sales volume, with many companies reporting double-digit year-on-year increases in sales of pig-related products, indicating a positive trend in the market [1][2]. Sales Performance - In May, several companies reported substantial increases in sales volume, with some exceeding 150% year-on-year growth. For instance, Muyuan Foods sold 6.406 million pigs, up 30.42% year-on-year; Wens Foodstuff Group sold 3.1554 million pigs, an increase of 32.64%; Zhengbang Technology sold 638,600 pigs, up 158.02%; and Tangrenshen sold 482,800 pigs, up 47.69% [1][2]. - Other companies like Kemin Foods and Dabeinong also reported double-digit growth in sales, with Kemin's subsidiary selling 48,300 pigs, up 23.06%, and Dabeinong selling 386,300 pigs, up 17.99% [2]. Production and Cost Management - Muyuan Foods attributed its sales increase to improved production efficiency and operational planning, while Wens Foodstuff cited increased piglet production and demand for piglets as contributing factors. Zhengbang Technology noted a gradual recovery in its business as a reason for its sales growth [2]. - Despite positive year-on-year comparisons, some companies saw a decline in sales compared to April, indicating a mixed performance in the short term [2]. Slaughter Volume and Market Outlook - The average daily slaughter volume for sample enterprises increased to 149,100 pigs in late May, reflecting a recovery in terminal consumption driven by pre-festival stocking demands. However, slaughter volumes are expected to decline post-festival [3]. - The industry anticipates a decrease in pig prices due to rising temperatures affecting weight gain and initiating inventory reduction actions. Nevertheless, the slow growth in the number of breeding sows may provide a buffer against supply pressures in the medium term [3]. Cost Control - Muyuan Foods reported a decrease in pig farming costs to approximately 12.2 yuan/kg in May, down nearly 0.2 yuan from the previous month, attributed to improved production performance. The company aims to achieve a cost target of 12 yuan/kg through technological innovation and refined management [3][4]. - Wens Foodstuff reported a comprehensive cost of 6 yuan/lb for pig farming in April, while New Hope indicated a current cost of 12.9 yuan/kg, with expectations for further reductions by year-end [4].