生猪行业发展“提质增效”，养殖ETF（159865）近20日净流入超8亿元，关注“含猪量”约60%的养殖ETF

Group 1 - The current market is in a supply-demand game, with supply pressures easing as large-scale pig farms adopt strategies to control output and raise prices, leading to notable increases in pig prices [1] - The demand side is expected to improve gradually due to colder weather and the arrival of the curing season, which typically boosts demand [1] - The pig farming industry is still in a loss-making state, with self-breeding farms experiencing an average loss of 114.81 yuan per head, and purchased piglets facing an average loss of 205.64 yuan per head, indicating an expansion of losses [1] Group 2 - The industry is actively reducing production capacity under the current losses, and measures to combat internal competition are being implemented, suggesting a potential long-term increase in domestic pig price levels [1] - Future development in the pig farming industry is expected to focus on "quality improvement and efficiency enhancement," leading to the gradual elimination of outdated production capacity and an increase in market share for financially stable and low-cost producers [1] - The Livestock ETF (159865) tracks the China Securities Livestock Index (930707), which reflects the overall performance of listed companies involved in livestock farming, feed processing, and related sectors, indicating strong industry representation [1]