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【农林牧渔】新季美玉米产量预估值创历史新高——光大证券农林牧渔行业周报(20250811-20250817)(李晓渊)
光大证券研究·2025-08-17 23:07

Core Viewpoint - The article discusses the recent trends in livestock and agricultural commodity prices, highlighting fluctuations in pig, chicken, corn, wheat, soybean meal, and natural rubber prices, along with the underlying factors influencing these changes [3][4][5][6]. Livestock Prices - The price of commodity pigs increased to 13.76 yuan/kg, a week-on-week rise of 0.36%, while the price of piglets decreased to 28.87 yuan/kg, down 5.03% [3]. - The average weight of commodity pigs at slaughter was 127.82 kg, showing a slight increase of 0.02 kg week-on-week [3]. - The price of white feather broilers rose to 7.2 yuan/kg, up 0.84%, and chicken seedlings increased to 3.58 yuan/seedling, a significant rise of 14.38% [4]. Grain Prices - Corn prices fell slightly to an average of 2394.12 yuan/ton, down 0.06%, while wheat prices increased to 2438.11 yuan/ton, up 0.03%, and soybean meal prices rose to 3096.86 yuan/ton, an increase of 2.7% [5]. - The USDA report projected a significant increase in U.S. corn production for the 2025/26 season, raising the forecast from 157.05 million bushels to 167.42 million bushels, which is approximately 4.25 million tons [5]. Natural Rubber Prices - The price of domestic natural rubber futures reached 15780 yuan/ton, reflecting a week-on-week increase of 1.81% [6]. - The inventory of rubber in Qingdao decreased to 612,400 tons, with a reduction of 11,700 tons week-on-week, indicating a tightening supply [6].