农林牧渔行业定期报告：气温下降消费回升，旺季猪价有望反弹

Investment Rating - The report maintains a "Strongly Outperform" rating for the agricultural sector [4] Core Insights - The report highlights that with the drop in temperature, consumer demand is expected to rebound, leading to a potential increase in pig prices during the peak season [1][8] - The white feather chicken industry is anticipated to see an upward trend in prices due to improved supply-demand dynamics, despite a slight decrease in chick prices [2][22] - The seed industry is receiving support from multiple government departments to enhance financing and promote innovation, which is expected to benefit leading seed companies [2][32] Summary by Sections Pig Farming - Pig prices have shown an upward trend, reaching 17.45 CNY/kg as of October 27, with a week-on-week increase of 0.23 CNY/kg [1][8] - The average weight of pigs sold has decreased to 126.07 kg, with a week-on-week decline of 0.27 kg, indicating a tightening supply [1][14] - The report anticipates a rebound in pig prices towards the end of the year due to limited supply growth and cautious operations in the breeding sector [1][18] White Feather Chicken - The price of white feather chicken chicks has slightly decreased to 4.09 CNY/chick, a week-on-week drop of 1.92% [2][22] - The price of white feather chicken has increased to 7.53 CNY/kg, reflecting a week-on-week rise of 1.35% [2][22] - The report suggests that the price of white chicken is likely to rise due to improved supply-demand conditions and higher pork prices [2][22] Seed Industry - Recent government policies aim to support seed companies in financing and innovation, which is expected to enhance the competitiveness of the seed industry [2][32] - The report notes that the commercialization of genetically modified varieties will expand market space and improve industry concentration, benefiting leading companies [2][32]