农林牧渔行业周报：猪价偏强震荡，玉米价格上行

Investment Rating - The industry investment rating is maintained as "Recommended" [1] Core Viewpoints - The report highlights a strong fluctuation in pig prices and an upward trend in corn prices [2] - The average price of live pigs as of February 21 is 14.79 CNY/kg, reflecting a week-on-week increase of 1.23% [21] - The report indicates that supply pressures are limited due to some farming enterprises choosing to hold back pigs for weight gain, while demand remains subdued [21] Summary by Sections 1. Market Review - The industry index for the period from February 14 to February 21 shows a decline of 1.41% [15] - Individual stock performances varied, with notable declines in companies like Wen's Foodstuffs (-0.75%) and Muyuan Foods (-2.88%), while New Hope saw an increase of 8.67% [15] 2. Livestock Prices - The average price of live pigs is reported at 14.79 CNY/kg, with a week-on-week increase of 1.23% [21] - The price of broiler chickens is 2.85 CNY/500g, down 2.40% from the previous week, indicating a surplus in supply and weak demand [21] 3. Grain Prices - Domestic corn prices are reported at 2108.57 CNY/ton, with a slight increase of 0.34% week-on-week [20] - The price of domestic wheat is 2408.61 CNY/ton, reflecting a week-on-week increase of 0.44% [20] 4. Oil Prices - The price of soybean oil is reported at 8380.00 CNY/ton, showing a decrease of 0.48% week-on-week [20] 5. Sugar, Cotton, and Rubber - Domestic sugar prices are at 6160.00 CNY/ton, with an increase of 1.48% week-on-week [20] 6. Aquaculture Prices - The price of shrimp is reported at 300.00 CNY/kg, reflecting a decrease of 6.25% week-on-week [20]