The three listed hog companies—Muyuan Foods (002714.SZ), New Hope (000876.SZ), and Wens Foodstuff (300498.SZ)—recently released their hog sales figures for 2026 and month 10.
Sales by the three listed hog companies over the past year. Graphic by The Paper
In terms of sales volume, hog product sales fell year on year at all three companies. Month on month, Muyuan Foods’ sales declined, while Wens Foodstuff and New Hope recorded increases.
In month 10, Muyuan Foods sold 591.3 ten thousand commercial hogs, down 7.9% month on month and 16.43% year on year. Wens Foodstuff sold 325.72 ten thousand meat hogs (including live hogs and fresh products), up 9% month on month and down 16.33% year on year. New Hope sold 128.69 ten thousand commercial hogs, up 12.92% month on month and down 4.87% year on year.
Sales volume of the three major listed pig producers. Chart by The Paper
In terms of sales revenue, revenue from pig products at all three major pig producers fell year on year. Month on month, Muyuan Foods' revenue declined, while Wen's Food Group's and New Hope's revenue increased.
In 10 month, Muyuan Foods' sales revenue from commercial pigs was 72.53 hundred million yuan, down 14.87% month on month and 29.79% year on year. Wen's Food Group's sales revenue from meat pigs was 41.02 hundred million yuan, up 1.13% month on month and down 18.74% year on year. New Hope's sales revenue from commercial pigs was 14.81 hundred million yuan, up 7.16% month on month and down 18.02% year on year.
Sales revenue of the three major listed pig producers. Chart by The Paper
In terms of average selling prices, all three major pig producers saw declines both month on month and year on year. Month-on-month declines ranged from 6%-10%, while year-on-year declines ranged from 15%-17%.
In 10 month, Muyuan Foods' average selling price for commercial pigs was 9.64 yuan/kg, down 6.9% month on month and 16.54% year on year. Wen's Food Group's average selling price for live pigs was 9.78 yuan/kg, down 9.02% month on month and 15.47% year on year. New Hope's average selling price for commercial pigs was 9.54 yuan/kg, down 7.74% month on month and 15.43% year on year.
Average selling prices of the three major listed hog producers. Chart by The Paper.