农业重点数据跟踪周报：双十一宠物赛道开门红，供需博弈猪价震荡

Investment Rating - The report maintains a "Positive" investment rating for the agriculture, forestry, animal husbandry, and fishery industry [1] Core Insights - The pig farming sector is experiencing narrow price fluctuations, with improved demand expectations as temperatures drop, leading to increased inquiries for secondary fattening. The industry sentiment remains cautious with slow capacity recovery, but profitability elasticity is anticipated [2][10] - The poultry farming sector shows fluctuating prices for white chickens, with a significant increase in breeding stock imports from the US. The reversal of the pig cycle is expected to positively influence poultry prices [2][19] - The animal health sector is poised for recovery, driven by the rising pig prices and the ongoing development of new vaccines and products, which could enhance industry growth potential [2][23] - The seed industry is advancing in the commercialization of genetically modified crops, with recent USDA reports indicating a reduction in global soybean and corn production [2][23] - The pet food sector is witnessing improved export data and strong domestic sales performance during the Double Eleven shopping festival, indicating robust growth potential [2][23] Summary by Sections Pig Farming Data Tracking - The supply of pigs is relatively sufficient, with a slight increase in piglet prices and a stable demand outlook as the market enters a peak season [10] - The number of breeding sows is recovering slowly, with a month-on-month increase of 0.53% in September [11] - The average price of market pigs was reported at 17.41 CNY/kg, with a week-on-week decrease of 3.22% [15] Poultry Farming Data Tracking - The average price of white feather broilers was 7.53 CNY/kg, reflecting a week-on-week increase of 1.35% [20] - The breeding stock import volume for September showed a year-on-year increase of 130% [19] Seed Industry Data Tracking - The USDA report indicates a reduction in global production estimates for soybeans and corn, impacting commodity prices [23] - The commercialization of genetically modified seeds is progressing, with several new varieties approved for sale [23] Pet Industry Data Tracking - Export data for pet food shows a year-on-year increase, with domestic sales performing well during the Double Eleven shopping festival [2][23]