In May, Muyuan reported hog sales of 6.88 million, down 4% compared to April, but up 7% year on year. The company reported an average selling price in May of 9.80 yuan per KG, up from 9.45 yuan per KG in April, but down 32.5% year on year.
Based on companies that have reported May production figures so far, there are several large declines compared to April.
Dongrui reported sales of 118k hogs, down 28% compared to April, Aonong Bio sold 177k, down 22%, Liahua sold 165k, down 21%, Kingkey sold 2...