February 2026 Sichuan pig enterprise sales data released: New Hope Star Agriculture and Animal Husbandry sales increase, pig price trend attracts attention

Recently, several listed pig farming companies have disclosed their sales data for February 2026. The industry as a whole shows an increasing volume but declining prices, with some companies experiencing a significant contraction in sales scale month-over-month.

Juxing Agriculture and Animal Husbandry (603477.SH) announced that in February, the company sold 297,400 commercial pigs, a 24.06% increase year-over-year, with sales revenue reaching 425 million yuan. The average selling price was 11.28 yuan per kilogram. Combining January data, the company sold a total of 701,800 pigs in the first two months, generating 1.073 billion yuan in sales revenue. Notably, January sales reached 404,400 pigs with revenue of 649 million yuan, indicating a month-over-month decline in sales volume in February.

New Hope (000876.SZ) sales data shows that in February, the company sold 982,200 commercial pigs, up 19.97% year-over-year but down 12.44% month-over-month; sales revenue was 1.327 billion yuan, down 7.42% year-over-year and 18.49% month-over-month; the average price was 11.45 yuan per kilogram, a 21.79% decrease year-over-year and an 8.25% decline month-over-month. Looking back at January, the company sold 1.1218 million pigs with revenue of 1.628 billion yuan. In the first two months, total sales reached 2.104 million pigs, with a combined revenue of 2.955 billion yuan.

Leading industry companies Muyuan Foods (002714.SZ) sold 4.603 million pigs in February, a 34.33% decrease month-over-month and a 0.77% decrease year-over-year; sales revenue was 6.405 billion yuan, down 23.98% year-over-year and 39.38% month-over-month. Wenshi Co. (300498.SZ) sold 2.697 million pigs (including gross pigs and fresh products) during the same period, down 9% month-over-month but up 3.8% year-over-year; sales revenue was 3.956 billion yuan, a 15.58% decrease year-over-year and a 15.79% decrease month-over-month.

Market analysis indicates that the decline in pig prices in February was mainly influenced by changes in supply and demand. Although some companies maintained growth in sales volume, continuous price declines put pressure on revenue. Galaxy Securities research suggests that the average annual pig price in 2026 may decrease year-over-year, but seasonal rebounds could occur due to changes in the impact of winter epidemics. The firm recommends focusing on breeding companies with strong cost control, healthy financials, and reasonable valuations.