生猪日报：供应压力有所好转，现货阶段性反弹-20251201

Group 1: Report Industry Investment Rating - No relevant information provided Group 2: Core Viewpoints of the Report - The supply pressure of the live pig market has improved, and the spot price has rebounded periodically. However, due to the relatively high inventory and large average slaughter weight, the overall supply remains sufficient, and the subsequent spot price is expected to be weak. The futures price shows a slight oscillation, and the medium - to - long - term downward pressure is obvious, with limited rebound space [1][3] Group 3: Summary by Related Catalogs Spot Information - Today, live pig prices across the country continued to rise. The出栏量 of large - scale enterprises decreased significantly, while the enthusiasm of ordinary farmers to sell pigs remained high. The number of secondary fattening entries decreased, and the average slaughter weight rebounded, with a relatively large supply of heavy - weight pigs. The slowdown in the slaughter rhythm supported the pig price to some extent. It is expected that the supply pressure will continue, and the overall pig price will still face pressure [1] Futures Price - The live pig futures price showed a slight oscillation, and the market remained stable. The near - term price will oscillate, and the medium - to - long - term downward pressure is obvious, with limited rebound space [3] Transaction Strategy - Unilateral: Wait and see - Arbitrage: Wait and see - Options: Sell the wide - straddle strategy [4]