Muyuan Foods (SZ:002714) Jin Rong Jie·2025-12-24 21:40Group 1 - The core viewpoint of the news highlights the stable performance of the Agricultural, Animal Husbandry, and Fishery ETF (159275), with a price increase of 1.0% and a trading volume of 8.1348 million yuan, bringing the fund's latest scale to 178 million yuan [1] - Key stocks in the ETF include Shennong Agricultural Industry, Yasheng Group, and Luoniushan, which saw significant gains of 10.81%, 9.0%, and 6.56% respectively, while Huazi Industrial, Haida Group, and Meihua Biological experienced declines of 3.8%, 0.24%, and 0.1% [1] - The Ministry of Commerce announced an anti-dumping investigation on imported pork and pork products from the EU, which may impact the domestic pig market supply and demand dynamics [1] Group 2 - According to Zhongtai Securities, the breeding industry is expected to reach a bottom by the first half of 2026, entering a low-volatility, low-profit phase, with weaker companies gradually exiting the market [1] - The number of breeding sows has decreased to 39.9 million, nearing a reasonable level, and capacity is expected to continue to decline, while demand is projected to grow due to increased disposable income [1] - Pacific Securities noted that the capacity reduction in the pig industry is gaining momentum, with a decrease of 450,000 breeding sows compared to the previous month, and the industry has been in a state of moderate loss for 12 consecutive weeks [2]