牧原股份：2025年12月商品猪销售收入96.67亿元 同比下降36.06%

Core Viewpoint - The company reported a significant decline in both the volume and price of pig sales, indicating challenges in the market due to fluctuations in the pig market conditions [1] Sales Performance - In December 2025, the company sold 6.98 million pigs, representing a year-on-year decrease of 14.75% [1] - The average selling price of pigs was 11.41 yuan per kilogram, down 25.38% compared to the previous year [1] - The total sales revenue from pig sales was 9.667 billion yuan, reflecting a year-on-year decline of 36.06% [1] Market Impact - The decline in sales revenue is primarily attributed to fluctuations in the pig market [1]