Muyuan results; protein prices; futures recap

Muyuan reports profits in 2025 despite falling hog prices Hog breeder Muyuan reported that its 2025 revenue was 144.15 billion yuan, up 4.5% year on year, while it achieved a net profit of 15.5 billion yuan, down 13.4% year on year. The company’s average cost of production last year was approximately 12 yuan per KG, down 2 yuan per KG compared to 2024. The company sold 77.98 million hogs last year, up 4.8% year on year. Last year’s national hog slaughter was 719.7 million, which means that Muyua...

 

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