SZAP(SZ:000061) Xin Lang Cai Jing·2026-01-28 02:48Group 1: Protein Meal - CBOT soybeans rose due to a weaker dollar, while soybean meal fell and soybean oil increased [2][10] - Brazil's soybean export forecast for January is 3.23 million tons, lower than the previous estimate of 3.79 million tons [2][10] - Domestic protein meal shows strong fluctuations, supported by pre-holiday stocking demand, but limited by arbitrage funds [2][10] Group 2: Oils - BMD palm oil increased, following the upward trend in surrounding markets, supported by good export data and declining production [3][11] - January palm oil exports increased by 7.97%-9.97% month-on-month, while production decreased by 14.81% [3][11] - Domestic oil prices rose, with palm oil leading the increase, while soybean and rapeseed oil followed [3][11] Group 3: Live Pigs - Live pig futures showed weak fluctuations, with the main contract down 1.57% to 11,285 yuan/ton [5][12] - The average price of live pigs in China was 12.7 yuan/kg, down 0.12 yuan/kg week-on-week [5][12] - Increased supply and general demand led to a decline in pig prices, with a recommendation for short-term trading [5][12] Group 4: Eggs - Egg futures showed weak fluctuations, with the main contract down 0.72% to 3,047 yuan/500 kg [6][13] - The national average egg price was 3.94 yuan/lb, up 0.08 yuan/lb week-on-week [6][13] - Short-term pre-holiday stocking supports current prices, but long-term supply pressures may arise due to increased breeding intentions [6][13] Group 5: Corn - Corn futures decreased as funds shifted to the May contract, with near-term contracts leading the decline [7][14] - High purchase prices in the northern ports and strong processing prices support market prices [7][14] - The overall pace of grain sales is slower compared to last year, with stable prices in the sales regions [7][14]