MUYUAN March Hog Revenue Drops 32.73% YoY as Market Prices Fall 30.70%

Bulletin Express04-08 19:22

MUYUAN (Muyuan Foods Co., Ltd.) reported that March 2026 sales revenue from finished hogs fell to RMB 8.61 billion, down 32.73% year-on-year, as the average selling price slumped 30.70% to RMB 9.91 per kilogram. Monthly sales volume edged down 2.65% to 6.75 million heads, including 2.46 million heads supplied to wholly owned subsidiary Muyuan Meat Co., Ltd.

Sequential movements highlight intensifying price pressure. Compared with February 2026, the average selling price dropped 14.49%, extending a three-month slide (January: RMB 12.57/kg; February: RMB 11.59/kg; March: RMB 9.91/kg). Nonetheless, volumes rebounded 46.74% month-on-month, lifting revenue 34.38% from February’s RMB 6.41 billion.

For the first quarter of 2026, cumulative hog sales reached 18.36 million heads, generating revenue of RMB 25.58 billion. Reproductive sow inventories stood at 3.129 million heads as of end-March, positioning the group for continued large-scale production.

Management reiterated that fluctuations in hog prices and animal disease risks remain key uncertainties for operating results. All disclosed figures are unaudited and subject to confirmation in forthcoming periodic reports.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1132215557?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-04-08 19:22","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1132215557","market":"us","top_or_hot":-1,"title":"MUYUAN March Hog Revenue Drops 32.73% YoY as Market Prices Fall 30.70%","media":"Bulletin Express","content":"<p>MUYUAN (Muyuan Foods Co., Ltd.) reported that March 2026 sales revenue from finished hogs fell to RMB 8.61 billion, down 32.73% year-on-year, as the average selling price slumped 30.70% to RMB 9.91 per kilogram. Monthly sales volume edged down 2.65% to 6.75 million heads, including 2.46 million heads supplied to wholly owned subsidiary Muyuan Meat Co., Ltd.</p>\n<p>Sequential movements highlight intensifying price pressure. Compared with February 2026, the average selling price dropped 14.49%, extending a three-month slide (January: RMB 12.57/kg; February: RMB 11.59/kg; March: RMB 9.91/kg). Nonetheless, volumes rebounded 46.74% month-on-month, lifting revenue 34.38% from February’s RMB 6.41 billion.</p>\n<p>For the first quarter of 2026, cumulative hog sales reached 18.36 million heads, generating revenue of RMB 25.58 billion. Reproductive sow inventories stood at 3.129 million heads as of end-March, positioning the group for continued large-scale production.</p>\n<p>Management reiterated that fluctuations in hog prices and animal disease risks remain key uncertainties for operating results. All disclosed figures are unaudited and subject to confirmation in forthcoming periodic reports.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>MUYUAN March Hog Revenue Drops 32.73% YoY as Market Prices Fall 30.70%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMUYUAN March Hog Revenue Drops 32.73% YoY as Market Prices Fall 30.70%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1053168898\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Bulletin Express </p>\n<p class=\"h-time\">2026-04-08 19:22</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>MUYUAN (Muyuan Foods Co., Ltd.) reported that March 2026 sales revenue from finished hogs fell to RMB 8.61 billion, down 32.73% year-on-year, as the average selling price slumped 30.70% to RMB 9.91 per kilogram. Monthly sales volume edged down 2.65% to 6.75 million heads, including 2.46 million heads supplied to wholly owned subsidiary Muyuan Meat Co., Ltd.</p>\n<p>Sequential movements highlight intensifying price pressure. Compared with February 2026, the average selling price dropped 14.49%, extending a three-month slide (January: RMB 12.57/kg; February: RMB 11.59/kg; March: RMB 9.91/kg). Nonetheless, volumes rebounded 46.74% month-on-month, lifting revenue 34.38% from February’s RMB 6.41 billion.</p>\n<p>For the first quarter of 2026, cumulative hog sales reached 18.36 million heads, generating revenue of RMB 25.58 billion. Reproductive sow inventories stood at 3.129 million heads as of end-March, positioning the group for continued large-scale production.</p>\n<p>Management reiterated that fluctuations in hog prices and animal disease risks remain key uncertainties for operating results. All disclosed figures are unaudited and subject to confirmation in forthcoming periodic reports.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"02714","symbol_name":"牧原股份","start_time":0,"source_url":"","article_id":"1132215557","we_media_id":"1053168898","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1132215557","pubTimestamp":1775647347,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Bulletin Express","introduction":"Full Coverage of HK & US Stock Announcements","home_visible":1,"id":"1053168898","head_image":"https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e"},"summary":"MUYUAN (Muyuan Foods Co., Ltd.) reported that March 2026 sales revenue from finished hogs fell to RMB 8.61 billion, down 32.73% year-on-year, as the average selling price slumped 30.70% to RMB 9.91...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"02714":"牧原股份"},"translate_title":"牧原3月生猪收入同比下降32.73%市场价格下跌30.70%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"02714":1},"content_text":"MUYUAN (Muyuan Foods Co., Ltd.) reported that March 2026 sales revenue from finished hogs fell to RMB 8.61 billion, down 32.73% year-on-year, as the average selling price slumped 30.70% to RMB 9.91 per kilogram. Monthly sales volume edged down 2.65% to 6.75 million heads, including 2.46 million heads supplied to wholly owned subsidiary Muyuan Meat Co., Ltd.\nSequential movements highlight intensifying price pressure. Compared with February 2026, the average selling price dropped 14.49%, extending a three-month slide (January: RMB 12.57/kg; February: RMB 11.59/kg; March: RMB 9.91/kg). Nonetheless, volumes rebounded 46.74% month-on-month, lifting revenue 34.38% from February’s RMB 6.41 billion.\nFor the first quarter of 2026, cumulative hog sales reached 18.36 million heads, generating revenue of RMB 25.58 billion. Reproductive sow inventories stood at 3.129 million heads as of end-March, positioning the group for continued large-scale production.\nManagement reiterated that fluctuations in hog prices and animal disease risks remain key uncertainties for operating results. All disclosed figures are unaudited and subject to confirmation in forthcoming periodic reports.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport,SGX","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.40.0","shortVersion":"4.40.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1132215557","isCrawlerRequest":true}