Core Insights - The sales performance of leading pig farming companies in May 2025 showed a general decline in sales volume and revenue amid low pig prices, although some companies experienced growth in sales [1][2][3][4]. Sales Performance Summary - Giant Agricultural's sales volume in May 2025 reached 328,000 pigs, a year-on-year increase of 61.50%, but a slight decline compared to April [2]. - Aonong Biological reported a sales volume of 156,200 pigs in May 2025, with a year-on-year increase of 9.44% and a month-on-month increase of 17.63% [2]. - Muyuan Foods sold 6.406 million pigs in May 2025, a year-on-year increase of 30.42%, with sales revenue of 12.258 billion yuan, up 26.93% year-on-year, but down from April's sales [2][3]. - Wens Foodstuffs sold 3.1554 million pigs in May 2025, a year-on-year increase of 32.64%, with sales revenue of 5.323 billion yuan, up 14.23% year-on-year, but also down from April [3]. - New Hope reported a sales volume of 1.3339 million pigs in May 2025, a month-on-month decrease of 16.42% and a year-on-year decrease of 2.41% [3]. Price Trends - The average selling price of pigs decreased for major companies in May 2025, with Muyuan Foods reporting an average price of 14.52 yuan/kg, down 6.44% year-on-year [5][6]. - Wens Foods reported an average price of 14.68 yuan/kg, down 7.26% year-on-year [5][6]. - New Hope's average price was 14.59 yuan/kg, down 5.38% year-on-year [6]. Stock Performance - Despite the decline in pig prices, stock prices of leading companies have shown strength, with Muyuan Foods' stock rising 4.11% on June 9, 2025, and a cumulative increase of over 12% since May [6]. - Wens Foods' stock also increased by 4.05% on June 9, 2025, with a cumulative increase of over 9% since May [6]. Market Outlook - The market is currently experiencing a supply-demand imbalance, with increased supply due to heavier slaughtering and weak demand as the weather warms [6].