农业行业周报：看好Q3头部养殖公司、宠物食品公司业绩

Investment Rating - The report maintains an "Overweight" rating for the agriculture sector, specifically recommending top breeding companies and pet food companies for Q3 performance [2]. Core Insights - The report highlights a rebound in pig prices during the National Day holiday, with a current average price of 17.4-17.6 yuan/kg, indicating a recovery from pre-holiday lows [4]. - The seed sector is expected to benefit from an increase in transgenic crop planting areas, with companies having strong transgenic reserves likely to gain market share [4]. - The pet economy is thriving, with a notable increase in pet care services and domestic brands performing well in sales rankings during the holiday period [4]. Summary by Sections Swine Industry - The report notes a rebound in pig prices, with the national average price at 17.8 yuan/kg on September 30, and a slight decrease to 17.4-17.6 yuan/kg by October 7, attributed to a recovery in the market [4]. - Q3 performance for leading breeding companies is expected to be strong, with improved profitability compared to the previous year [4]. Seed Industry - The report emphasizes the importance of competitive seed varieties, particularly in the context of low corn prices affecting pre-sales [4]. - The application of transgenic technology is advancing, with expectations for increased planting areas for transgenic corn varieties [4]. Pet Industry - The report observes a surge in pet care services during the National Day holiday, with high-end pet boarding prices in major cities reaching 600-900 yuan [4]. - Domestic pet brands dominate sales rankings on major e-commerce platforms, indicating strong performance in the pet food sector [4]. Investment Recommendations - Recommended stocks in the swine sector include Muyuan Foods, Wens Foodstuff, Tiankang Biological, and Shennong Group [4]. - In the seed sector, recommended stocks include Longping High-Tech and Dabeinong [4]. - For the poultry sector, recommended stocks include Shennong Development, Yisheng Biological, and Lihua Stock [4]. - In the pet sector, recommended stocks include Guibao Pet, Zhongchong Co., and Petty Co. [4].