农林牧渔行业周报第30期：猪价中枢持续下移，产能调控继续推进-20250922

Investment Rating - Industry Rating: Recommended [3] Core Insights - The pork price center continues to decline, with the average price of live pigs dropping to 12.79 CNY/kg, a week-on-week decrease of 3.55% [2][15] - The agricultural sector is focusing on enhancing grain and oil production capabilities, emphasizing agricultural technology innovation and socialized services [1][14] - The report suggests that the commercialization of genetically modified crops will accelerate, improving self-sufficiency rates for key varieties [1][14] Summary by Sections Planting Industry Chain - The National Agricultural Development Center and the Ministry of Agriculture held a meeting to enhance grain and oil production capabilities, emphasizing the role of agricultural technology and social services [1][14] - Key companies benefiting from this trend include Beidahuang and Suqian Agricultural Development [1][14] Swine Farming - The current market is oversupplied, leading to a continuous decline in pig prices [2][15] - The Ministry of Agriculture plans to reduce the breeding sow inventory by approximately 1 million heads, aiming for a total of about 39.5 million heads [2][15] - Recommended stocks in the swine sector include Muyuan Foods, Wens Foodstuffs, and others [5][15] Key Companies and Stock Recommendations - Recommended stocks in the breeding sector include: - Muyuan Foods - Wens Foodstuffs - DeKang Agriculture - Jingji Smart Agriculture [5][15] - In the feed sector, HaiDa Group is highlighted as a key player [5][15] - In the animal health sector, companies like Jinhe Biology and Zhongmu Co. are expected to benefit [5][15]