农业行业周报：猪价偏强震荡，鸡苗持续走高

Investment Rating - The report maintains a "Buy" rating for Haida Group and "Hold" ratings for Wens Foodstuffs, Muyuan Foods, and Plentiful, while recommending "Hold" for Jinlongyu [3]. Core Insights - The agricultural sector underperformed the market, with the CSI 300 index down 3.25% and the agricultural sector down 7.59%, ranking 27th among 31 sub-industries [4][11]. - Prices for livestock and poultry showed mixed trends, with pig prices rising and chicken prices declining due to weak post-holiday demand [4][31]. - The report suggests a positive outlook for pig prices, driven by a supply shortage and recommends focusing on companies with cost advantages and rapid output growth [4][20]. Summary by Sections Market Review - The agricultural sector's performance was notably poor, with various sub-sectors such as aquaculture down 8.48% and animal health down 9.27% [4][11][13]. Livestock and Poultry Prices - As of October 11, the national average price for live pigs was 18.02 CNY/kg, up 5.07% week-on-week. Meanwhile, the price for live chickens was 3.60 CNY/斤, down 2.17% [4][31]. Investment Recommendations - The report indicates a short-term price increase in the sector and maintains optimism about pig prices entering a rising phase. It highlights the importance of monitoring supply and price dynamics [4][20]. Important Announcements - Muyuan Foods reported sales of 5.358 million pigs in September, generating revenue of 11.899 billion CNY, with a significant year-on-year profit increase expected [20]. - Wens Foodstuffs sold 117 million meat chickens in September, with a revenue of 3.186 billion CNY [22]. Price Trends - The report details various agricultural product prices, noting fluctuations in grains, oils, and livestock, with specific attention to the price changes in corn and soybeans [30][31].