Muyuan Foods (SZ:002714) Zheng Quan Ri Bao Wang·2025-08-22 12:03Group 1 - The core viewpoint is that the pig farming industry is experiencing a significant increase in profits despite low market prices for live pigs, with companies like Muyuan Foods showing remarkable growth in net profit [1] - Among 13 agricultural listed companies, 8 reported varying degrees of net profit growth, with Muyuan Foods achieving the highest increase [1] - Muyuan Foods sold 46.91 million pigs in the first half of 2025, generating a revenue of 76.463 billion yuan, a 34.46% increase year-on-year, and a net profit of 10.79 billion yuan, up 952.92% [1] Group 2 - The current pig market is characterized by an oversupply due to reduced demand from schools being on break and high temperatures, leading to lower prices [2] - The National Development and Reform Commission plans to conduct central frozen pork reserve storage to stabilize the market, which may temporarily boost pig prices [2] - Analysts expect that as festivals approach, consumer demand may increase, potentially leading to a slight rebound in pig prices, although a significant price increase is unlikely due to excess production capacity [2] Group 3 - Cost reduction in pig farming is a consensus in the industry, with companies aiming to lower production costs to enhance competitiveness [3] - The complete cost of raising pigs for Jiangsu Lihua Food Group was reported at 12.8 yuan/kg, with expectations to reduce it to 12 yuan/kg by year-end [3] - Feed costs are a major component of production costs, and there is potential for further cost reduction through improved feed efficiency and the adoption of smart farming technologies [3]