格林大华期货早盘提示：玉米，生猪，鸡蛋-20260116

Group 1: Report Investment Ratings - Corn: Interval [1] - Pig: Interval [3] - Egg: On - look [3] Group 2: Core Views - For the corn market, in the medium term, it is a multi - empty intertwined situation. In the long term, it maintains the pricing logic of substitution + planting cost. For the pig market, in the short - term, it is driven by supply - demand growth; in the medium - term, supply pressure varies by month; in the long - term, supply pressure is related to sow inventory. For the egg market, in the short - term, there is a short - term upward expectation but a supply - demand pressure in February; in the medium - term, egg supply pressure is not fully released; in the long - term, the price bottom cycle may be extended [1][3] Group 3: Summary by Variety Corn - Market Performance: The night session of the corn futures oscillated and consolidated on the previous day, and the main contract 2603 rose 0.44% to 2,294 yuan/ton [1] - Important Information: Deep - processing enterprise purchase prices in the Northeast and North China increased slightly; port prices were stable; the number of corn futures warehouse receipts increased by 5,655 to 44,417 lots; the transaction rates of corn sales, purchase, and two - way trading by CGS were 72%, 55%, and 82% respectively [1] - Market Logic: In the medium term, the market is multi - empty intertwined, and in the long term, it is based on substitution + planting cost pricing [1] - Trading Strategy: Maintain a wide - range interval trading idea. For the 2603 contract, the pressure is at 2,300, and the short - term support is at 2,270 - 2,280; for the 2605 contract, the pressure is at 2,290, and the short - term support is at 2,270 - 2,275 [1] Pig - Market Performance: The pig futures rose first and then fell on the previous day, and the main 2603 contract rose 0.42% to 11,950 yuan/ton [1] - Important Information: The national average pig price decreased slightly; sow inventory fell below 40 million heads in October 2025; the number of newborn piglets decreased in October and November 2025; the average slaughter weight of pigs increased; the price difference between fat and standard pigs was flat; the number of pig futures warehouse receipts was unchanged at 855 lots [1][3] - Market Logic: In the short - term, supply - demand growth creates a pressure - support situation; in the medium - term, supply pressure varies by month; in the long - term, supply pressure is related to sow inventory [3] - Trading Strategy: Maintain an interval trading idea. For different contracts, different pressure and support levels are provided [3] Egg - Market Performance: The near - month contracts of egg futures rose significantly on the previous day, and the main 2603 contract rose 2.23% to 3,066 yuan/500KG [3] - Important Information: The national egg price continued to rise; inventory was stable with a slight decrease; the price of culled chickens increased; the estimated number of laying hens in January was 13.34 billion; the number of egg futures warehouse receipts was 0 lots [3] - Market Logic: In the short - term, there is an upward expectation, but there is a supply - demand pressure in February; in the medium - term, egg supply pressure is not fully released; in the long - term, the price bottom cycle may be extended [3] - Trading Strategy: Pay attention to the short - selling opportunities in the near - month contracts after a rise. Focus on the first - quarter culling and molting of chickens [3]