此外，2025年1—9月公司共销售仔猪1157.1万头，根据公司生产、销售部门的最新预计，公司将2025年 仔猪出栏量预计区间由"800万头—1200万头"调整为"1200万头—1450万头"。 北京商报讯（记者 郭秀娟 王悦彤） 10月9日，牧原股份发布2025年9月份销售简报，在2025年9月份， 公司销售商品猪557.3万头，同比变动11.05%（其中向全资子公司牧原肉食品有限公司及其子公司合计 销售商品猪277.8万头）；商品猪销售均价12.88元/公斤，同比变动-30.94%；商品猪销售收入90.66亿 元，同比变动-22.46%。截至2025年9月末，公司能繁母猪存栏为330.5万头。 ...

每经AI快讯，10月9日，牧原股份(002714.SZ)公告称，2025年9月份，公司销售商品猪557.3万头，同比 变动11.05%；商品猪销售均价12.88元/公斤，同比变动-30.94%；商品猪销售收入90.66亿元，同比变 动-22.46%。此外，公司能繁母猪存栏为330.5万头。2025年1-9月公司共销售仔猪1,157.1万头，根据公司 生产、销售部门的最新预计，2025年仔猪出栏量预计区间由"800万头~1,200万头"调整为"1,200万头 ~1,450万头"。 （文章来源：每日经济新闻） ...

Core Insights - The company reported a total sale of 5.573 million pigs in September 2025, reflecting a year-on-year change of 11.05% [1] - The average selling price of pigs was 12.88 yuan per kilogram, showing a year-on-year decrease of 30.94% [1] - The total sales revenue from pig sales amounted to 9.066 billion yuan, which is a year-on-year decline of 22.46% [1] - The company has a breeding sow inventory of 3.305 million heads [1] - For the period from January to September 2025, the company sold 11.571 million piglets, with an updated forecast for piglet output now estimated to be between 12 million and 14.5 million heads, revised from the previous range of 8 million to 12 million heads [1]

Core Viewpoint - The company announced its profit distribution plan for the first half of 2025, indicating a significant cash dividend to shareholders [1] Group 1: Profit Distribution Plan - The profit distribution plan is based on a total share capital of 5.393 billion shares, excluding repurchased shares [1] - The company will distribute a cash dividend of 9.275214 RMB per 10 shares to all shareholders, which totals 5.002 billion RMB [1] - The record date for the dividend is set for October 15, 2025, and the ex-dividend date is October 16, 2025 [1]

Core Insights - The company reported a year-on-year increase of 11.05% in the sales of commodity pigs, totaling 5.573 million heads in September [1] - The average selling price of commodity pigs decreased by 30.94% year-on-year to 12.88 yuan per kilogram [1] - The total sales revenue from commodity pigs was 9.066 billion yuan, reflecting a year-on-year decline of 22.46% [1] - As of September 2025, the company expects to have a breeding sow inventory of 3.305 million heads [1] - The projected range for piglet output has been adjusted from "8 million to 12 million heads" to "12 million to 14.5 million heads" by 2025 [1]

牧原股份公告，2025年9月份，公司销售商品猪557.3万头，同比变动11.05%（其中向全资子公司牧原肉 食品有限公司及其子公司合计销售商品猪277.8万头）；商品猪销售均价12.88元/公斤，同比变 动-30.94%；商品猪销售收入90.66亿元，同比变动-22.46%。截至2025年9月末，公司能繁母猪存栏为 330.5万头。 ...

Report Overview - Report Title: "Livestock Daily - October 9, 2025" [2] - Researcher: Chen Jiezheng [3] Investment Rating - Not provided in the report Core Viewpoints - The supply pressure in the pig market is significant, with the overall supply remaining high. The price of live pigs in the spot market continues to decline, and the futures price also faces obvious downward pressure. The overall price trend is expected to be downward [4][6] Summary by Directory Spot Market - **Price Changes**: The spot prices of live pigs across the country showed an obvious downward trend. The average price dropped from 11.25 to 11.19, a decrease of 0.06 [4] - **Supply Situation**: The slaughter volume of scale enterprises and ordinary farmers increased, and the secondary fattening inventory continued to decline, but there was still some pressure to sell. The weight of live pigs for slaughter continued to increase, and the supply of large - weight pigs was still abundant [4] Futures Market - **Price Changes**: The futures prices of live pigs continued to decline significantly. For example, LH01 dropped from 12825 to 12165, a decrease of 660 [4] - **Market Expectation**: Due to the obvious supply pressure in the future, the overall futures price is expected to continue to decline [6] Breeding and Related Prices - **Piglet and Sow Prices**: The price of piglets dropped from 236 to 212, a decrease of 24, and the price of sows dropped from 1588 to 1570, a decrease of 18 [4] - **Breeding Profits**: The spot breeding profits of self - breeding and self - raising and purchasing piglets both decreased. The profit of self - breeding and self - raising decreased from - 24.44 to - 74.11, a decrease of 49.66, and the profit of purchasing piglets decreased from - 199.31 to - 236.57, a decrease of 37.25 [4] Slaughter and Price Difference - **Slaughter Volume**: The slaughter volume increased slightly from 152586 to 152651, an increase of 65 [4] - **Price Difference Changes**: The price differences between different sizes of pigs continued to widen, such as the difference between large pigs and standard pigs increasing from 0.5 to 0.6, an increase of 0.1 [4] Trading Strategies - **Unilateral Trading**: Short - selling near - month contracts [7] - **Arbitrage**: Conduct LH15 reverse arbitrage [7] - **Options**: Hold a wait - and - see attitude [7]

Core Viewpoint - The announcement from Kemin Foods highlights significant growth in pig sales and revenue for its subsidiary, Aksu Xingjiang Muge Food Co., Ltd., despite a slight month-on-month decline in sales volume for September 2025 [1] Group 1: Sales Performance - In September 2025, the company sold 37,800 pigs, representing a month-on-month decrease of 4.45% but a year-on-year increase of 173.77% [1] - The sales revenue for September 2025 reached 33.4268 million yuan, showing a month-on-month increase of 0.71% and a year-on-year increase of 107.57% [1] Group 2: Cumulative Sales Data - From January to September 2025, the cumulative sales of pigs amounted to 416,600, reflecting a year-on-year growth of 46.29% [1] - The cumulative sales revenue during the same period was 431 million yuan, which is a year-on-year increase of 25.56% [1] Group 3: Factors Influencing Sales - The year-on-year growth in both sales volume and revenue is attributed to the release of production capacity [1] - The month-on-month changes are primarily due to adjustments in the sales structure [1]

东瑞股份公告，2025年9月份，公司共销售生猪9.99万头，销售收入1.63亿元，环比上升1.50%；商品猪 销售均价14.58元/公斤，环比下降8.03%。其中向全资子公司河源市东瑞肉类食品有限公司销售生猪0.38 万头。 (本文来自第一财经) ...

东瑞股份公告，2025年9月份，公司共销售生猪9.99万头，销售收入1.63亿元，环比上升1.50%；商品猪 销售均价14.58元/公斤，环比下降8.03%。其中向全资子公司河源市东瑞肉类食品有限公司销售生猪0.38 万头。 ...