Sou Hu Cai Jing·2025-08-26 03:05Group 1 - The pig farming sector experienced a rise in stock prices, with the breeding ETF (516760) increasing by 1.72% and significant trading volume observed. Key stocks such as Muyuan Foods (002714) rose by 6.79%, Xiaoming Co. (300967) by 4.70%, and Shengnong Development (002299) by 3.88% [1] - The National Development and Reform Commission reported that the national average pig-to-grain price ratio fell below 6:1, prompting the government to initiate central frozen pork reserves. The China Storage Network announced a one-time pork reserve of 10,000 tons on August 25 and a rotational storage of 19,000 tons from August 26 to 29 [1] - The combination of government storage initiatives and previous factors such as outbreaks and large pig sales has led to a perception of bottoming pig prices, with expectations of a new upward trend in prices as supply decreases and consumption improves [1] Group 2 - The breeding ETF closely tracks the CSI Livestock Breeding Index, which includes listed companies involved in livestock feed, veterinary drugs, and livestock farming, reflecting the overall performance of the livestock breeding sector [2] - The latest price-to-earnings ratio (PE-TTM) for the breeding ETF's tracked index is 13.71, which is below the historical average of 15.46%, indicating that the valuation is at a historical low, with sufficient safety margins [2] - The current industry outlook is at a bottom, with expectations of supply contraction and potential increases in corporate profitability and stability, suggesting that quality pig farming companies may see a revaluation [2]