格隆汇1月29日｜国盛证券研报指出，农产品为深圳国资委下属农批市场龙头企业，年均交易额超2500 亿、年均交易量超3600万吨、持续保持全国规模以上农批市场10%的市场份额。该行认为公司所处行业 关乎民生"菜篮子"，是典型的稳健类资产，基本盘扎实，重估价值显著；近年公司积极推进一体化产业 链建设与配套平台化，也是农批行业未来拓展大方向，有利于巩固竞争壁垒。公司目前经营35家批发市 场，涵盖20余个大中城市，考虑到不同市场处于不同成长周期，随着成熟市场挖潜、次新市场培育，以 及产业链配套高增速贡献增量，预计公司未来三年将逐步释放业绩，保障中期稳健成长与股东回报。首 次覆盖给予"买入"评级。 ...

（文章来源：新华财经） 据农业农村部监测，截至1月29日14:00时，全国农产品批发市场猪肉平均价格为18.60元/公斤，较前一 日下降0.6%；鸡蛋平均价格为8.58元/公斤，较前一日上升0.2%。 ...

Core Insights - The "Agricultural Products Wholesale Price Index" increased to 130.56, up by 0.05 points from the previous day, while the "Vegetable Basket" price index rose to 133.55, up by 0.06 points [1] Price Changes in Key Products - The average wholesale price of pork is 18.60 yuan/kg, down by 0.6% from yesterday - Beef is priced at 66.01 yuan/kg, down by 0.2% - Mutton is at 63.50 yuan/kg, down by 1.0% - Eggs increased to 8.58 yuan/kg, up by 0.2% - Broiler chicken is priced at 16.68 yuan/kg, down by 2.8% [1] Vegetable and Fruit Prices - The average price of 28 monitored vegetables is 5.58 yuan/kg, down by 0.4% - The average price of 6 monitored fruits is 7.93 yuan/kg, down by 0.4% [1] Fish Prices - Crucian carp is priced at 19.40 yuan/kg, up by 0.4% - Carp is at 13.88 yuan/kg, down by 0.8% - White catfish is priced at 9.94 yuan/kg, down by 4.4% - Large hairtail is at 41.58 yuan/kg, down by 1.9% [1] Price Fluctuations in Specific Products - Among 46 monitored fresh agricultural products, the top five price increases were for asparagus lettuce (3.9%), pineapple (2.8%), green beans (2.5%), white radish (1.7%), and ginger (1.7%) - The top five price decreases were for onion (4.8%), white catfish (4.4%), duck pear (3.4%), broiler chicken (2.8%), and lettuce (2.6%) [2]

热点栏目 自选股 数据中心 行情中心 资金流向 模拟交易 客户端 蛋白粕： （侯雪玲，从业资格号：F3048706；交易咨询资格号：Z0013637） 周三，CBOT大豆上涨，因美元走弱。阿根廷天气担忧也支撑市场。不过巴西大豆收割初期，令市场承 压。阿根廷正在遭遇高温干旱天气，威胁作物产量。产区天气高温，急需降雨，但是天气预报预计直到 2月才能有望迎来显著缓解。市场关注 美豆出口销售报告，预计美豆单周净销售40-190万吨。巴西全国 谷物出口商协会表示，巴西1月大豆出口料为323万吨，低于早先预期的379万吨。同时市场关注阿根廷 的干燥天气。国内方面，蛋白粕偏强震荡。大宗商品普涨，节前备货需求释放给盘面提振力量。不过买 油卖粕套利资金限制了蛋白粕的涨幅。节前蛋白粕基差坚挺，59反套，盘面震荡偏强思路。策略上，双 卖策略。 油脂： （侯雪玲，从业资格号：F3048706；交易咨询资格号：Z0013637） 周三，BMD棕榈油上涨，跟随周边市场走高。但马币限制涨幅。1月减产和出口强劲的预期支撑。加菜 籽上涨，跟随美豆油走高，美国原油上涨及美国可再生燃料、生物柴油政策一直支撑美豆油价格，间接 利好加菜籽。高频数据显 ...

下一步，山东省将继续沿着科技兴农、绿色兴农、质量兴农、品牌强农的发展路径，精耕"土特产"文 章，持续壮大名特优新农产品阵营，不断提升山东优质农产品的知名度、美誉度与市场竞争力，为全面 推进农业强省建设、谱写乡村振兴齐鲁新篇章注入强劲动力。 据了解，山东省2025年深化改革并成功构建省、市、县三级联动的名特优新农产品认定管理机制，形成 省级统筹指导、市级推进落实、县级协调服务的工作格局，全面提升全省名特优新农产品管理服务水 平。加强对重点产品现场核查与指导服务，对6个畜牧类名特优新农产品开展营养品质稳定性跟踪监测 评价，品质指标达标率保持100％。同时，组织实施全省名特优新农产品资源普查，制定专项工作方 案，系统梳理收录260余个区域特色农产品信息，全面摸清优质特色农产品资源家底，为规模提升、结 构优化与精准培育提供了科学支撑。同时，山东持续擦亮"鲁字号"金名片，组织173家企业、133个产品 参加2025年全国名特优新农产品产销对接活动，山东展区荣获"最佳组织奖"，品牌影响力持续提升。 据山东省农业农村厅1月28日消息，2025年，山东省将培育名特优新农产品作为提升农业质量效益和竞 争力的重要抓手，坚持数量与 ...

Core Viewpoint - The implementation of the "Agricultural Product Quality Safety Commitment Certificate Management Measures" is aimed at enhancing the quality and safety of agricultural products through a structured certification process, ensuring accountability and traceability in the supply chain [1][2]. Group 1: Implementation of the Management Measures - The Shenyang Agricultural and Rural Bureau held a meeting to discuss the rollout of the new management measures, which include 22 core provisions covering seven categories of edible agricultural products [1] - The measures will utilize an electronic certificate mini-program linked with provincial regulatory platforms to promote self-regulation among producers and operators [1] Group 2: Responsibilities and Processes - The meeting outlined the specific methods and legal responsibilities for different stakeholders, including production enterprises, cooperatives, and purchasers, in the process of issuing, receiving, and storing the quality certificates [1] - A demonstration of the electronic certificate issuance process was conducted, showcasing how stakeholders can quickly generate certificates and how regulatory personnel can verify them in real-time [1] Group 3: Emphasis on Training and Enforcement - The meeting emphasized the importance of training and awareness to normalize the practices of "certificate entry and certificate display" in sales [2] - It was highlighted that local regulatory service stations should be strengthened to provide convenient certificate issuance and testing services, while also enhancing enforcement against fraudulent practices [2] - The integration of the certificate system with agricultural standardization, quality certification, and brand development is crucial for improving product quality and increasing farmers' income [2]

每经AI快讯，当地时间1月28日，洲际交易所（ICE）农产品期货主力合约收盘全线下跌，原糖期货跌 0.74%报14.72美分/磅，棉花期货跌0.3%报63.64美分/磅，可可期货跌6.47%报4146美元/吨，咖啡期货跌 4.42%报351美分/磅。 ...

Investment Rating - The report initiates coverage with a "Buy" rating for the company [3] Core Insights - The company is a leading player in the agricultural wholesale market, with substantial asset value and a market share of over 10% in China's agricultural wholesale sector. It has an average annual transaction volume exceeding 36 million tons and transaction value over 250 billion yuan [1][13] - The company has demonstrated strong growth potential, with a projected revenue CAGR of 16.07% and a net profit CAGR of 44.18% from 2018 to 2024. The revenue for 2024 is expected to be 5.63 billion yuan, with a slight increase of 2.5% year-on-year [1][14] - The company is expanding its integrated supply chain, focusing on upstream agricultural product standardization and downstream distribution services, which are expected to drive future growth [2][3] Company Overview - The company operates 35 wholesale markets across more than 20 major cities, maintaining a national presence. It has established partnerships with over 440,000 acres of agricultural bases [2][42] - The company has a stable shareholder structure, with Shenzhen State-owned Assets Supervision and Administration Commission holding 38.67% and the second-largest shareholder, Life Insurance, holding 25.62% [1][32] Financial Performance - The company’s revenue and net profit forecasts for 2025-2027 are 7.68 billion yuan, 8.92 billion yuan, and 9.91 billion yuan, with corresponding net profits of 415 million yuan, 447 million yuan, and 492 million yuan, indicating steady growth [3][5] - The company’s financial metrics show a projected P/E ratio decreasing from 41.0 in 2023 to 37.4 in 2027, reflecting a potential valuation improvement [5][6] Market Dynamics - The agricultural wholesale market is characterized by strong profitability in mature markets, with over 72% of the company's subsidiaries and joint ventures expected to be profitable in 2024 [2][43] - The company is actively cultivating new markets and enhancing operational efficiency in existing ones, with a focus on leveraging its core market advantages [2][42]

Investment Rating - The report initiates coverage with a "Buy" rating for the company [3] Core Insights - The company is a leading player in the agricultural wholesale market, with substantial asset value and a market share exceeding 10% in China, maintaining an annual transaction volume of over 360 billion yuan and a transaction weight of over 36 million tons [1][13] - The company has demonstrated strong growth potential, with a projected revenue CAGR of 16.07% and a net profit CAGR of 44.18% from 2018 to 2024 [1][14] - The company is expanding its integrated supply chain, enhancing its operational efficiency and exploring new growth opportunities through initiatives like "Deep Agricultural Kitchen" and import-export trade [2][3] Company Overview - The company operates 35 wholesale markets across more than 20 major cities, forming a nationwide layout and extending its reach to agricultural bases covering approximately 440,000 acres [2][42] - The company has a stable shareholder structure, with Shenzhen State-owned Assets Supervision and Administration Commission holding 38.67% and the second-largest shareholder, Life Insurance, holding 25.62% [1][32] Financial Performance - The company reported a revenue of 5.63 billion yuan in 2024, with a year-on-year growth rate of 2.5%, while the net profit was 384 million yuan, reflecting a decline of 14.4% [5][14] - The forecast for 2025 anticipates revenues of 7.68 billion yuan and a net profit of 415 million yuan, indicating a year-on-year growth of 36.5% and 8.1%, respectively [3][5] Market Position - The company has maintained a strong profitability status, with 72% of its subsidiaries and joint ventures achieving profitability in 2024 [2][43] - The company’s operational model includes a mix of rental income, commissions, and management fees, with the agricultural market operations contributing significantly to its revenue [18][19] Growth Strategy - The company is focusing on enhancing its supply chain capabilities and expanding its market presence through strategic projects and partnerships [41][42] - The introduction of employee stock ownership plans in 2024 aims to broaden the incentive structure, covering 260 key personnel compared to 44 in 2021 [37][39]

Core Viewpoint - The article highlights the successful marketing event "Guangdong Year Cuisine" held in Beijing, showcasing the agricultural brand "Guangfu Shouxin" from Fengkai County, which aims to promote local specialty products and expand their market presence in Northern China [8][9][11]. Group 1: Event Overview - The marketing event took place on January 26-27, featuring various specialty products from Fengkai County, aiming to add unique Cantonese flavors to the New Year shopping list of Beijing residents [8][9]. - "Guangfu Shouxin" was officially launched during the "Bai Qian Wan Project" investment promotion conference, integrating high-quality agricultural resources to enhance market competitiveness [15][16]. Group 2: Product Highlights - Key products included the award-winning "Xinghua Chicken Egg Phoenix Roll," made from antibiotic-free and bacteria-free eggs, and various mountain delicacies like oil chestnuts and bamboo fungus, which received positive consumer feedback [20][22][23]. - The "Xinghua Chicken" is positioned as the flagship product of "Guangfu Shouxin," known for its unique flavor due to free-range farming practices [27][29]. Group 3: Market Strategy - The event served as a crucial opportunity for "Guangfu Shouxin" to connect with the Beijing-Tianjin-Hebei market, aiming to expand its reach beyond the Guangdong-Hong Kong-Macau Greater Bay Area [34][36]. - The brand has established a comprehensive online and offline sales network, including an official mini-program and flagship store on JD.com, ensuring efficient access to consumers nationwide [41][42]. Group 4: Future Prospects - The initiative is seen as a significant step in the brand's development, aiming to enhance the recognition and reputation of Fengkai agricultural products in the Northern market [48][49]. - The county plans to continue leveraging "Guangfu Shouxin" as a core engine for agricultural brand development, focusing on deep processing of agricultural products to promote rural revitalization [50][51].