产能去化或加速，资金抢筹布局养殖板块，养殖ETF（159865）连续2日净流入超1.8亿元

Group 1 - The core viewpoint of the article highlights the accelerated capacity reduction in the livestock sector, with significant capital inflow into the breeding segment, as evidenced by the livestock ETF (159865) experiencing over 180 million yuan in net inflow for two consecutive days [1] Group 2 - In the poultry farming sector, the frequent outbreaks of avian influenza overseas create uncertainty for the introduction of grandparent stock, which is expected to positively impact the price of the white feather chicken industry chain in the medium to long term [1] - In the pig farming sector, pig prices are declining, and group farms are increasing their output, but demand support is insufficient, leading to price fluctuations. There is still pressure on supply, and combined with policy guidance, capacity reduction may accelerate [1] - The animal health industry shows potential for continued growth, with new products being launched by various companies providing growth momentum [1] - In the seed industry, attention should be paid to the progress of biological breeding expansion [1] - In the pet sector, export order disruptions have limited impact, while domestic sales continue to show a growth trend, with domestic brands increasing their market share [1] Group 3 - The livestock ETF (159865) tracks the China Securities Livestock Index (930707), which selects listed companies involved in livestock farming, feed processing, and vaccine veterinary medicine from the Shanghai and Shenzhen markets to reflect the overall performance of the livestock farming industry chain [1] - The constituent stocks cover the entire industry chain from upstream feed production to downstream livestock farming [1]