农业行业周报：寒潮将至，等待猪价的需求提振

Investment Rating - The report maintains an "Overweight" rating for the agricultural sector, consistent with the previous rating [7][58]. Core Insights - The report highlights the increasing promotion of biotechnology in seed production, emphasizing the importance of food security and self-sufficiency in grain production [9]. - The pet economy shows robust growth, particularly with domestic brands gaining market share during the Double 11 shopping festival, indicating a positive outlook for local brands [10]. - The pig farming sector is expected to see demand recovery due to a forecasted cold wave, which is anticipated to stabilize prices after recent declines [11]. Summary by Sections Seed Industry - The report notes that the promotion of biotechnology in seed production is intensifying, with a focus on self-sufficiency in grain production. Predictions indicate a reduction in corn imports from the U.S. due to potential tariffs, with expected imports of 23-24 million tons for the 2023-24 period, decreasing to 13 million tons for 24-25 [9]. Pet Industry - The pet sector's performance during the Double 11 sales event reached a total sales volume of 5.9 billion yuan, marking a 23% year-on-year increase. Domestic brands dominated the sales rankings on major platforms, suggesting a strong growth trajectory for local companies [10]. Pig Farming - The report discusses the current high temperatures affecting pig prices, which have dropped to 16 yuan/kg. However, a cold wave expected to start on November 18 is likely to boost demand and stabilize prices as the market enters a peak demand season [11]. Key Investment Recommendations - Recommended stocks in the poultry sector include: - Shengnong Development - Yisheng Shares - Lihua Shares - Xiangjia Shares - Recommended stocks in the pig farming sector include: - Muyuan Foods - Wens Foodstuff Group - Tiankang Biological - Shennong Group - Recommended stocks in the seed industry include: - Dabeinong Technology - Longping High-Tech - Recommended stocks in the pet sector include: - Guobao Pet - Zhongchong Shares - Petty Shares - Ruipubio [11].