Core Viewpoint - The Intercontinental Exchange (ICE) saw a broad increase in agricultural futures, indicating a positive trend in commodity markets [1] Group 1: Sugar Futures - Raw sugar futures rose by 0.42%, closing at 14.43 cents per pound [1] Group 2: Cotton Futures - Cotton futures increased by 1.38%, closing at 65.95 cents per pound [1] Group 3: Cocoa Futures - Cocoa futures experienced a rise of 0.80%, closing at $6050.00 per ton [1] Group 4: Coffee Futures - Coffee futures climbed by 1.06%, closing at 392.00 cents per pound [1]

Core Insights - The 2025 International Agricultural Service Trade Conference was held in Nansha, focusing on "Innovation-Driven Digital Empowerment - Sharing New Opportunities in Global Agricultural Service Trade" [1] - The conference aimed to create a high-level dialogue and cooperation platform for global agricultural service trade, promoting deep integration and innovative development of global agricultural industry chains, supply chains, and value chains [1] Group 1: Conference Highlights - Approximately 200 domestic and international guests, including agricultural ministers, ambassadors, international organization representatives, and industry experts from companies like Louis Dreyfus, BASF, DJI, and Beidahuang, attended the conference [1] - The event showcased the technological frontiers of international agricultural trade to the world [1] Group 2: Cambodia's Agricultural Goals - Cambodia is advancing towards three main agricultural development goals: enhancing agricultural technology, promoting fairness and inclusivity in agricultural service trade, and widespread adoption of agricultural intelligence [1] - The focus on improving digital levels aims to increase price transparency, traceability of product sources, and efficiency in transportation [1] Group 3: ASEAN-China Agricultural Cooperation - Current collaborations between ASEAN countries and China in agricultural trade include mutual recognition of trade standards, development of product traceability and quarantine systems, cold chain transportation, and market access standards [2] - Cambodia is in the early stages of agricultural production restructuring and is closely cooperating with Chinese authorities to ensure that more Cambodian agricultural products meet the standards for entry into China [2]

Market Overview - The general retail sector increased by 0.21% compared to the previous trading day, with Quanxinhao leading the gains [1] - The Shanghai Composite Index closed at 4016.33, up 0.7%, while the Shenzhen Component Index closed at 13691.38, up 1.95% [1] Top Gainers in General Retail Sector - Quanxinhao (000007) closed at 7.99, with a rise of 7.97% and a trading volume of 213,100 shares, totaling a transaction value of 167 million yuan [1] - Zhejiang Dongri (600113) closed at 49.15, up 5.45%, with a trading volume of 82,100 shares and a transaction value of 391 million yuan [1] - Ningbo Zhongbai (600857) closed at 16.05, increasing by 3.88%, with a trading volume of 140,500 shares and a transaction value of 224 million yuan [1] Top Losers in General Retail Sector - Guangbai Co. (002187) closed at 6.38, down 3.92%, with a trading volume of 195,800 shares and a transaction value of 125 million yuan [2] - Debi Group (300947) closed at 18.88, decreasing by 3.82%, with a trading volume of 43,900 shares and a transaction value of approximately 83.43 million yuan [2] - Tianhong Co. (002419) closed at 5.40, down 3.74%, with a trading volume of 357,700 shares and a transaction value of 193 million yuan [2] Capital Flow Analysis - The general retail sector experienced a net outflow of 309 million yuan from institutional investors, while retail investors saw a net inflow of 364 million yuan [2] - The main stocks with significant capital inflow included Supply and Marketing Cooperative (000564) with a net inflow of 33.15 million yuan [3] - Hemei Group (002356) had a net inflow of 20.62 million yuan, while Agricultural Products (000061) saw a net inflow of 18.06 million yuan [3]

Core Insights - The "Agricultural Products Wholesale Price 200 Index" reached 124.30 on October 29, reflecting an increase of 0.48 points from the previous day [1] - The average wholesale price of pork across national markets was stable at 18.03 yuan per kilogram, unchanged from the previous day [1] - The price of eggs decreased by 0.3%, now standing at 7.37 yuan per kilogram [1]

Agricultural Products - The CBOT soybean prices reached a six-month high due to market expectations of China resuming purchases of U.S. soybeans, with 84% of soybeans and 72% of corn harvested as of now [1] - Domestic protein meal prices showed volatility and did not follow the upward trend of soybeans, with a slight decrease in the main contract [1] Oils - BMD palm oil prices fell for the second consecutive day, hitting a four-week low, influenced by weak surrounding markets and a rising Malaysian ringgit [2] - Domestic oil prices showed mixed results, with soybean and rapeseed oil slightly increasing while palm oil experienced a small decline [2] - High oil inventory levels and relaxed supply conditions are contributing to a weak basis in the market [2] Live Pigs - The main live pig futures contract showed a strong upward trend, with spot prices in various regions increasing, such as Heilongjiang at 12.32 CNY/kg, up 0.27 CNY/kg from the previous day [3] - The overall pig price stabilized in mid-October, supported by increased market activity and a tightening supply of larger pigs [3] - The Ministry of Agriculture indicated a decrease in pork imports and an increase in consumption, predicting a rebound in live pig and pork prices in Q4 [3] Eggs - Egg futures continued to rebound, with the main contract closing up 1.56% at 3134 CNY/500kg, supported by rising spot prices in major production areas [4] - The market shows optimistic expectations for future supply improvements, although there is still pressure from excess production capacity [4] Corn - The main corn futures contract opened lower and continued to decline, recovering the price gains from the previous week due to increased new grain supply [5][6] - Prices in the Northeast region adjusted slightly, with varying adjustments based on local supply and processing demand [5][6] - The market remains under pressure from new grain supplies, particularly in North China, where high-quality grain is favored [6]

Group 1 - The core viewpoint of the article highlights the upward trend in agricultural futures at the Chicago Board of Trade (CBOT) on October 28, with all major contracts closing higher [1] Group 2 - Soybean futures increased by 0.78%, closing at 1093.50 cents per bushel [1] - Corn futures rose by 0.70%, ending at 431.75 cents per bushel [1] - Wheat futures saw a gain of 0.81%, closing at 530.25 cents per bushel [1]

Core Viewpoint - The Intercontinental Exchange (ICE) agricultural futures saw a majority of contracts decline, indicating a bearish trend in the agricultural commodities market [1] Group 1: Futures Performance - Raw sugar futures decreased by 0.48%, closing at 14.39 cents per pound [1] - Cotton futures increased by 0.76%, closing at 65.05 cents per pound [1] - Cocoa futures fell by 2.86%, closing at $6005.00 per ton [1] - Coffee futures slightly declined by 0.13%, closing at 389.60 cents per pound [1]

Group 1 - The stock price of Agricultural Products (000061.SZ) closed at 8.40 yuan, with a decline of 8.00% [1] - CITIC Construction Investment Securities researcher Liu Le-wen released a report on October 28, maintaining a "buy" rating for Agricultural Products [1] - The report highlights that the private placement issuance will support regional layout [1]

Core Insights - The agricultural processing sector experienced a decline of 0.63% on October 28, with Daodaoquan leading the drop [1] - The Shanghai Composite Index closed at 3988.22, down 0.22%, while the Shenzhen Component Index closed at 13430.1, down 0.44% [1] Agricultural Processing Sector Performance - Notable gainers in the sector included: - San Siji (600191) with a closing price of 7.94, up 3.12% and a trading volume of 94,700 shares, totaling a transaction value of 74.62 million [1] - Guangnong Sugar Industry (000911) closed at 7.90, up 2.46% with a trading volume of 122,300 shares, totaling 95.49 million [1] - Andeli (605198) closed at 45.95, up 1.98% with a trading volume of 18,700 shares, totaling 85.49 million [1] - Conversely, Daodaoquan (002852) saw a significant decline of 6.32%, closing at 10.68 with a trading volume of 253,200 shares, resulting in a transaction value of 272 million [2] - Other notable decliners included: - Zuming Co. (003030) down 3.55% to 20.35 with a trading volume of 70,700 shares [2] - Chuangguo Biological (300138) down 2.80% to 13.52 with a trading volume of 133,900 shares [2] Capital Flow Analysis - The agricultural processing sector experienced a net outflow of 108 million in main funds, while retail investors saw a net inflow of 12.76 million [2] - Speculative funds recorded a net inflow of 95.71 million [2]

Core Insights - The "Agricultural Products Wholesale Price 200 Index" increased to 123.82, up by 0.50 points from the previous day, indicating a general rise in agricultural product prices [1] - The "Vegetable Basket" product wholesale price index rose to 125.59, up by 0.58 points from the previous day, reflecting higher prices for essential food items [1] Price Changes - The average wholesale price of pork reached 18.03 yuan/kg, up by 0.4% from the previous day [1] - Beef prices decreased slightly to 66.61 yuan/kg, down by 0.1% [1] - Lamb prices fell to 62.46 yuan/kg, down by 0.3% [1] - Chicken eggs remained stable at 7.39 yuan/kg [1] - The price of white strip chicken increased to 17.70 yuan/kg, up by 0.7% [1] Vegetable and Fruit Prices - The average price of 28 monitored vegetables rose to 5.66 yuan/kg, an increase of 3.1% [1] - The average price of 6 monitored fruits increased to 7.06 yuan/kg, up by 1.3% [1] Fish Prices - The price of crucian carp rose to 19.50 yuan/kg, up by 2.8% [1] - Carp prices decreased to 13.69 yuan/kg, down by 1.5% [1] - White catfish prices increased slightly to 10.11 yuan/kg, up by 0.3% [1] - Large hairtail fish prices rose to 40.61 yuan/kg, up by 4.2% [1] Price Fluctuations in Specific Products - The top five price increases among 46 monitored fresh agricultural products were for scallions (6.7%), green beans (6.0%), spinach (5.7%), celery (5.4%), and garlic sprouts (4.9%) [1] - The top five price decreases were for pineapples (2.6%), carp (1.5%), grass carp (0.9%), duck pears (0.9%), and garlic (0.6%) [1]