Zheng Quan Ri Bao Wang·2025-11-11 12:05Core Viewpoint - The pig farming industry is undergoing a significant adjustment phase, with declining sales prices and a need for scientific capacity regulation and industry self-discipline to achieve high-quality development [1] Group 1: Price Trends - In October, the average sales price of pigs continued to decline, with New Hope Liuhe reporting a price of 11.28 yuan/kg, down 12.49% month-on-month and 35.06% year-on-year [2] - Jiangsu Lihua Food Group sold 192,500 pigs in October, generating revenue of 281 million yuan, with an average price of 11.98 yuan/kg, reflecting a month-on-month decline of 4.94% and a year-on-year drop of 32.85% [2] - The decline in pig prices is attributed to increased supply, cautious market sentiment, and limited purchasing power from end consumers [2] Group 2: Profitability Outlook - Analysts suggest that the recovery of pig prices depends on three factors: orderly capacity reduction, seasonal consumption increase, and stable slaughtering rhythms to avoid panic selling [3] - Despite the challenges, the pig farming sector is expected to remain profitable in 2025, particularly in the first half due to lower feed costs and increased output from larger farms [4] - Although the third quarter of 2025 may see losses due to falling prices, a rebound in prices is anticipated in the fourth quarter, potentially offsetting some losses [4]