Group 1 - Lihua Foods reported a year-on-year increase in sales volume and revenue for yellow feathered chickens and pigs in March, with total sales revenue of 3.922 billion yuan from January to March [1] - In March, Lihua sold 44.9029 million chickens, generating revenue of 1.075 billion yuan, with an average selling price of 10.69 yuan/kg, showing a month-on-month increase in sales volume and revenue [1] - The company explained the increase in March sales was due to seasonal adjustments in February, which is the lunar New Year period [1] Group 2 - Analysts noted that despite fluctuations in yellow feathered chicken and pig prices, the industry remains profitable, indicating a certain level of profit margin for companies [2] - In March, Lihua sold 144,800 pigs, with revenue of 264 million yuan and an average price of 14.70 yuan/kg, showing a decline in sales volume and revenue compared to the previous month [2] - The overall pig market in the first quarter was characterized as a sales off-season, with prices fluctuating between 14 to 15 yuan/kg, and post-holiday supply-demand imbalances affecting price recovery [2] Group 3 - Feed costs constitute a significant portion of total costs in pig farming, typically ranging from 60% to 80%, thus directly impacting profit margins [3] - Despite downward pressure on pig prices in 2025, the industry is expected to remain profitable due to decreasing feed costs and improved production efficiency [3] - Controlling costs is crucial for maintaining profitability in chicken farming, as the market is currently oversupplied, putting pressure on prices [3]