Group 1: Sales Performance - The sales revenue of major pig farming companies, including Muyuan, New Hope, and Wens, declined in July 2025, with Muyuan's revenue at 11.639 billion yuan, down 10.41% year-on-year and 9.1% month-on-month [1] - New Hope reported a sales revenue of 1.802 billion yuan, experiencing a month-on-month decline of 3.67% and a year-on-year decline of 24.62% [1] - Wens' sales revenue was 4.877 billion yuan, with a month-on-month decrease of 0.87% and a year-on-year decrease of 8.72% [1] Group 2: Sales Volume Trends - In July, Muyuan sold 6.355 million pigs, a month-on-month decrease of 9.5%, while New Hope sold 1.3025 million pigs, down 2.06% [2] - Wens' sales volume increased by 5.24% month-on-month, but this was primarily due to an increase in the sale of piglets, with the sale of market pigs actually declining [2] - The seasonal nature of pig sales shows a clear peak during the Mid-Autumn Festival and Spring Festival, with summer being a low season for sales [3] Group 3: Market Conditions and Consumer Behavior - The decline in pig sales is attributed to reduced consumer demand for pork, influenced by high summer temperatures and a shift towards lighter diets, with increased consumption of vegetables and other meats [3] - The overall pork price remains low, with the average sales price for pigs around 14 yuan per kilogram in July, reflecting a significant decrease compared to previous peak seasons [3] - Domestic pig futures prices have shown some recovery since mid-July, reaching 14,100 yuan per ton by August 7, up from a low of under 13,000 yuan per ton in late May [3] Group 4: Industry Initiatives - The Sichuan Provincial Department of Agriculture has introduced technical guidelines aimed at reducing feed consumption in pig farming, potentially saving around 2.2 million tons of feed annually [5] - The guidelines focus on improving feed formulation, processing, and usage to enhance efficiency and reduce costs, addressing challenges such as feed raw material shortages and environmental pressures [5] - By 2030, the initiative aims to reduce feed consumption per kilogram of pig weight gain by over 0.2 kilograms and achieve a feed reduction of over 10% through the utilization of local feed resources [5]