【农林牧渔】7月猪企销售月报解读——光大证券农林牧渔行业周报（20250804-20250810）（李晓渊）

Core Viewpoint - The article discusses the recent trends in the pig farming industry, highlighting a decline in pig prices and changes in production and sales metrics among major pig farming companies [3][4]. Group 1: Pig Price Trends - As of August 8, the average price of external three yuan pigs in China was 13.71 yuan/kg, reflecting a week-on-week decrease of 4.33%. The average price for 15 kg piglets was 30.4 yuan/kg, down 1.65% week-on-week [3]. - The overall trend shows a decline in pig prices, with supply remaining strong and demand weak, leading to prices falling below 14 yuan/kg [3]. Group 2: July Sales Report Analysis - In July, 13 listed pig companies collectively sold 15.27 million pigs, a decrease of 6.15% month-on-month but an increase of 25.12% year-on-year. Major companies like Muyuan Foods and Wens Foodstuff saw varying changes in their sales volumes [4]. - The total number of market pigs sold in July was approximately 12.47 million, down 7.93% month-on-month but up 16.54% year-on-year. This decline is attributed to a temporary supply shortage due to reduced piglet supply earlier in the year [4]. - The average selling price of pigs showed a slight increase in July, with most companies experiencing price changes within 3% month-on-month, although prices were down about 20% year-on-year [4]. - The average weight of pigs sold in July was 124.16 kg, a decrease of 0.9 kg month-on-month, continuing a trend of reduced weights since May [4].