生猪产业日报 2025-07-31 际支撑作用更加明显。 免责声明 本报告中的信息均来源于公开可获得资料，瑞达期货股份有限公司力求准确可靠，但对这些信息的准确性及完整性不做任 何保证，据此投资，责任自负。本报告不构成个人投资建议，客户应考虑本报告中的任何意见或建议是否符合其特定状况。本 报告版权仅为我公司所有，未经书面许可，任何机构和个人不得以任何形式翻版、复制和发布。如引用、刊发，需注明出处为 瑞达期货股份有限公司研究院，且不得对本报告进行有悖原意的引用、删节和修改。 | 项目类别 | 数据指标 | 最新 | 环比 数据指标 | 最新 | 环比 | | --- | --- | --- | --- | --- | --- | | 期货盘面 | 期货主力合约收盘价:生猪(日,元/吨) | 14075 | 0 主力合约持仓量:生猪(日,手) | 45199 | -7850 | | | 仓单数量:生猪(日,手) | 0 | 0 期货前20名持仓:净买单量:生猪(日,手) | -21650 | 4258 | | 现货价格 | 生猪价 河南 驻马店(日,元/吨) | 14000 | 200 生猪价 吉林 四平(日,元/ ...

。总体来说，短期价格由出栏节奏主导。当前供应增加，供需偏松导致价格承压，一般月末月初出栏或放 数据来源第三方，观点仅供参考。市场有风险，投资需谨慎！ 缓，关注后市出栏情况，价格可能反复波动。考虑养殖周期较长，产能政策对远期合约的支撑作用更加明 研究员: 张昕 期货从业资格号F03109641 期货投资咨询从业证书号Z0018457 显。 免责声明 本报告中的信息均来源于公开可获得资料，瑞达期货股份有限公司力求准确可靠，但对这些信息的准确性及完整性不做任 何保证，据此投资，责任自负。本报告不构成个人投资建议，客户应考虑本报告中的任何意见或建议是否符合其特定状况。本 报告版权仅为我公司所有，未经书面许可，任何机构和个人不得以任何形式翻版、复制和发布。如引用、刊发，需注明出处为 瑞达期货股份有限公司研究院，且不得对本报告进行有悖原意的引用、删节和修改。 生猪产业日报 2025-07-29 | 项目类别 | 数据指标 环比 数据指标 | 最新 | | 最新 | 环比 | | --- | --- | --- | --- | --- | --- | | 期货盘面 | 期货主力合约收盘价:生猪(日,元/吨) | 14150 ...

生猪产业日报 2025-07-24 | 项目类别 | 数据指标 | 最新 | 环比 数据指标 | 最新 | 环比 | | --- | --- | --- | --- | --- | --- | | 期货盘面 | 期货主力合约收盘价:生猪(日,元/吨) | 14365 | -225 主力合约持仓量:生猪(日,手) | 62464 | -4839 | | | 仓单数量:生猪(日,手) | 284 | 0 期货前20名持仓:净买单量:生猪(日,手) | -20784 | 20 | | 现货价格 | 生猪价 河南 驻马店(日,元/吨) | 14300 | -100 生猪价 吉林 四平(日,元/吨) | 13900 | -200 | | | 生猪价 广东 云浮(日,元/吨) | 15700 | -200 生猪主力基差(日,元/吨) | -290 | -310 | | 上游情况 | 生猪存栏(月,万头) | 41731 | -1012 生猪存栏:能繁母猪(月,万头) | 4042 | 4 | | 产业情况 | CPI:当月同比(月,%) | -0.1 | 0 现货价:豆粕:张家港(日,元/吨) | 2860 | -60 ...

1. Report Industry Investment Rating No relevant content provided. 2. Core View of the Report - As the hog price weakens, the low price attracts secondary fattening entry, and the monthly - end slaughter rhythm may slow down again, supporting the short - term hog futures price to fluctuate higher. However, due to weak demand, the increase in the spot price is limited, which will drag down the upside space of the futures market. The short - term price is greatly affected by the slaughter and secondary fattening entry and exit rhythm and may be volatile [2]. 3. Summary by Related Catalogs 3.1 Futures Market - The closing price of the main hog futures contract is 14,590 yuan/ton, up 210 yuan; the main contract position is 67,303 lots, up 7,482 lots; the number of warehouse receipts is 284 lots, unchanged; the net long position of the top 20 futures holders is - 20,804 lots, down 3,994 lots [2]. 3.2 Spot Market - The hog prices in Henan Zhumadian, Jilin Siping, and Guangdong Yunfu are 14,300 yuan/ton (down 100 yuan), 13,900 yuan/ton (down 200 yuan), and 15,700 yuan/ton (down 200 yuan) respectively. The main hog basis is - 290 yuan/ton, down 310 yuan [2]. 3.3 Upstream Situation - The monthly hog inventory is 41,7310,000 heads, down 1,0120,000 heads; the monthly inventory of breeding sows is 4,0420,000 heads, up 40,000 heads [2]. 3.4 Industry Situation - The year - on - year change of CPI is - 0.1%, unchanged; the spot price of soybean meal in Zhangjiagang is 2,920 yuan/ton, unchanged; the spot price of corn is 2,409.02 yuan/ton, down 0.88 yuan; the Dalian Commodity Exchange pig feed cost index is 950.02, up 0.49; the monthly output of feed is 27,621,000 tons, up 981,000 tons; the weekly price of binary breeding sows is 1,638 yuan/head, down 2 yuan; the weekly breeding profit of purchased piglets is - 18.66 yuan/head, down 50.26 yuan; the weekly breeding profit of self - bred and self - raised hogs is 90.89 yuan/head, down 42.98 yuan; the monthly import volume of pork is 90,000 tons, up 10,000 tons; the weekly average price of white - striped chicken in the main production areas is 13.4 yuan/kg, up 0.2 yuan [2]. 3.5 Downstream Situation - The monthly slaughter volume of designated hog slaughtering enterprises is 3,2160,000 heads, up 1390,000 heads; the monthly retail sales of social consumer goods in the catering industry is 4,578.2 billion yuan, up 411.2 billion yuan [2]. 3.6 Industry News - On July 23, 2025, the daily hog slaughter volume of key breeding enterprises nationwide was 269,940 heads, down 0.01% from the previous day. The hog 2509 contract rose 1.67% on Wednesday. Supply in July - August may be affected by factors such as high disease incidence at the beginning of the year and growth slowdown due to high temperature. Currently, the slaughter volume of the breeding end has increased in the middle of the month, with a higher proportion of large hogs in the south, but there are many auction failures, and low prices attract secondary fattening inquiries. Demand is weak due to high temperature and school holidays, the slaughterhouse startup rate continues to decline but is higher than last year [2].

生猪产业日报 2025-07-21 整体以宽幅震荡走势看待。短期价格受出栏和二育出入场节奏影响较大，或有所反复。 研究员: 张昕 期货从业资格号F03109641 期货投资咨询从业证书号Z0018457 免责声明 本报告中的信息均来源于公开可获得资料，瑞达期货股份有限公司力求准确可靠，但对这些信息的准确性及完整性不做任 何保证，据此投资，责任自负。本报告不构成个人投资建议，客户应考虑本报告中的任何意见或建议是否符合其特定状况。本 报告版权仅为我公司所有，未经书面许可，任何机构和个人不得以任何形式翻版、复制和发布。如引用、刊发，需注明出处为 瑞达期货股份有限公司研究院，且不得对本报告进行有悖原意的引用、删节和修改。 | 项目类别 | 数据指标 | 最新 | 环比 数据指标 | 最新 | 环比 | | --- | --- | --- | --- | --- | --- | | 期货盘面 | 期货主力合约收盘价:生猪(日,元/吨) | 14365 | 230 主力合约持仓量:生猪(日,手) | 64259 | 600 | | | 仓单数量:生猪(日,手) | 284 | 0 期货前20名持仓:净买单量:生猪(日,手 ...

为主。建议短期逢高试空交易。 研究员: 张昕 期货从业资格号F03109641 期货投资咨询从业证书号Z0018457 | 项目类别 | 数据指标 | 最新 | 环比 数据指标 | 最新 | 环比 | | --- | --- | --- | --- | --- | --- | | 期货盘面 | 期货主力合约收盘价:生猪(日,元/吨) | 14060 | 50 主力合约持仓量:生猪(日,手) | 64811 | -4190 | | | 仓单数量:生猪(日,手) | 444 | 0 期货前20名持仓:净买单量:生猪(日,手) | -17151 | -152 | | 现货价格 | 生猪价 河南 驻马店(日,元/吨) | 14400 | -100 生猪价 吉林 四平(日,元/吨) | 14200 | -100 | | | 生猪价 广东 云浮(日,元/吨) | 15700 | -400 生猪主力基差(日,元/吨) | 340 | -150 | | 上游情况 | 生猪存栏(月,万头) | 41731 | -1012 生猪存栏:能繁母猪(月,万头) | 4042 | 4 | | 产业情况 | CPI:当月同比(月,%) | ...

Report Summary 1. Industry Investment Rating - No industry investment rating is provided in the report. 2. Core View - In the consumption off - season, demand is stable but trending weaker. The key factors affecting the short - term market are the slaughter rhythm of the breeding end and the entry of secondary fattening. The short - term supply shortage has slightly improved, the price boost is weakened, the upward pace slows down, and the demand off - season and medium - term supply pressure will still restrict the price upside. The market will mainly show an oscillatory trend [2]. 3. Summary by Directory 3.1 Futures Disk - The closing price of the main futures contract for live pigs is 14,250 yuan/ton, a decrease of 35 yuan; the main contract position is 67,876 lots, a decrease of 1,508 lots; the number of warehouses is 444 lots, unchanged; the net long position of the top 20 futures is - 17,959 lots, a decrease of 1,301 lots [2]. 3.2 Spot Price - The live pig price in Zhumadian, Henan is 14,600 yuan/ton, a decrease of 100 yuan; in Siping, Jilin is 14,400 yuan/ton, unchanged; in Yunfu, Guangdong is 16,300 yuan/ton, unchanged. The main live pig basis is 315 yuan/ton, a decrease of 40 yuan [2]. 3.3 Upstream Situation - The live pig inventory is 41,7310,000 heads, a decrease of 1,0120,000 heads; the inventory of breeding sows is 4,0420,000 heads, an increase of 40,000 heads. The CPI year - on - year is - 0.1%, the corn spot price is 2,413.63 yuan/ton, unchanged; the spot price of soybean meal in Zhangjiagang is 935.53 yuan/ton, a decrease of 3.82 yuan; the DCE pig feed cost index is 2,830, an increase of 0.21 [2]. 3.4 Industry Situation - The monthly output of feed is 27,621,000 tons, an increase of 981,000 tons; the price of binary breeding sows is 1,640 yuan/head, unchanged. The breeding profit of purchased piglets is 31.6 yuan/head, an increase of 57.86 yuan; the breeding profit of self - bred and self - raised live pigs is 133.87 yuan/head, an increase of 14.15 yuan. The monthly import volume of pork is 90,000 tons, an increase of 10,000 tons; the average price of white - striped chickens in the main producing areas is 13.2 yuan/kg, unchanged [2]. 3.5 Downstream Situation - The slaughter volume of designated live pig slaughtering enterprises is 3,2160,000 heads, an increase of 1390,000 heads; the monthly retail sales of social consumer goods in the catering industry is 457.82 billion yuan, an increase of 41.12 billion yuan [2]. 3.6 Industry News - According to the National Bureau of Statistics, at the end of the second quarter, the live pig inventory was 424,470,000 heads, a year - on - year increase of 2.2%; in the first half of the year, the live pig slaughter was 366,190,000 heads, an increase of 0.6%. On the supply side, the slaughter rhythm of the breeding end has slightly improved recently. On the demand side, high temperatures suppress people's willingness to buy pork, schools are on holiday, the terminal sales speed is slow, and the slaughterhouse operating rate continues to decline, but it is higher than the same period last year [2].

生猪产业日报 2025-07-14 免责声明 本报告中的信息均来源于公开可获得资料，瑞达期货股份有限公司力求准确可靠，但对这些信息的准确性及完整性不做任 何保证，据此投资，责任自负。本报告不构成个人投资建议，客户应考虑本报告中的任何意见或建议是否符合其特定状况。本 报告版权仅为我公司所有，未经书面许可，任何机构和个人不得以任何形式翻版、复制和发布。如引用、刊发，需注明出处为 瑞达期货股份有限公司研究院，且不得对本报告进行有悖原意的引用、删节和修改。 | 项目类别 | 数据指标 | 最新 | 环比 数据指标 | 最新 | 环比 | | --- | --- | --- | --- | --- | --- | | 期货盘面 | 期货主力合约收盘价:生猪(日,元/吨) | 14285 | -60 主力合约持仓量:生猪(日,手) | 69384 | -2852 | | | 仓单数量:生猪(日,手) | 444 | -3 期货前20名持仓:净买单量:生猪(日,手) | -16658 | 219 | | 现货价格 | 生猪价 河南 驻马店(日,元/吨) | 14600 | -100 生猪价 吉林 四平(日,元/吨) | 1 ...

| 项目类别 | 数据指标 | 最新 | 环比 数据指标 | 最新 | 环比 | | --- | --- | --- | --- | --- | --- | | 期货盘面 | 期货主力合约收盘价:生猪(日,元/吨) | 14375 | 110 主力合约持仓量:生猪(日,手) | 74505 | 2765 | | | 仓单数量:生猪(日,手) | 447 | 0 期货前20名持仓:净买单量:生猪(日,手) | -16276 | -532 | | 现货价格 | 生猪价 河南 驻马店(日,元/吨) | 15000 | 0 生猪价 吉林 四平(日,元/吨) | 14600 | 0 | | | 生猪价 广东 云浮(日,元/吨) | 16500 | 0 生猪主力基差(日,元/吨) | 625 | -110 | | 上游情况 | 生猪存栏(月,万头) | 41731 | -1012 生猪存栏:能繁母猪(月,万头) | 4042 | 4 | | 产业情况 | CPI:当月同比(月,%) | -0.1 | 0 现货价:豆粕:张家港(日,元/吨) | 2800 | 0 | | | 玉米现货价 | 2426.86 | -0.59 ...

| 项目类别 | 数据指标 | 最新 | 环比 数据指标 | 最新 | 环比 | | --- | --- | --- | --- | --- | --- | | 期货盘面 | 期货主力合约收盘价:生猪(日,元/吨) | 14275 | 30 主力合约持仓量:生猪(日,手) | 73068 | -350 | | | 仓单数量:生猪(日,手) | 447 | 0 期货前20名持仓:净买单量:生猪(日,手) | -11032 | 449 | | 现货价格 | 生猪价 河南 驻马店(日,元/吨) | 15000 | 0 生猪价 吉林 四平(日,元/吨) | 14600 | 0 | | | 生猪价 广东 云浮(日,元/吨) | 16500 | -100 生猪主力基差(日,元/吨) | 725 | -30 | | 上游情况 | 生猪存栏(月,万头) | 41731 | -1012 生猪存栏:能繁母猪(月,万头) | 4042 | 4 | | 产业情况 | CPI:当月同比(月,%) | -0.1 | 0 现货价:豆粕:张家港(日,元/吨) | 2800 | 0 | | | 玉米现货价 | 2431.37 | -1.18 ...