Muyuan Foods stated during institutional research that in October 2024, the total cost of hog farming for the company was 13.3 yuan/kg, a month-on-month decrease of nearly 0.4 yuan/kg. Feed prices contributed around 50% to the decrease, with production performance improvements and reduced interim expenses each contributing around 50%. Some production indicators for the company have also improved, with a full-term survival rate of 85.5% in October and a PSY close to 30, indicating further room for improvement. The company will continue benchmarking against advanced practices, learning from the technical and managerial expertise of excellent practitioners at home and abroad to enhance production efficiency and tap into potential cost reduction in farming.