Market Overview - Soybean prices have declined, with contracts falling by 5 to 6 cents, and the national average cash bean price reported at $9.47 1/2, down 5 ¾ cents [1] - Soymeal futures experienced losses ranging from $2.80 to $5.30, while soy oil futures increased by 36 to 54 points [1] Export Sales Expectations - Analysts anticipate soybean sales for the week of September 4 to be between 0.4 and 1.6 million metric tons (MMT) for the 2025/26 season [2] - Soybean meal sales are projected to range from 50,000 to 900,000 metric tons, with bean oil sales expected to be between 0 and 16,000 metric tons [2] Crop Production Insights - The upcoming monthly Crop Production report is expected to show a yield drop of 0.3 bushels per acre (bpa) to an average of 53.3 bpa, with total production estimated at 4.271 billion bushels (bbu), reflecting a reduction of 21 million bushels (mbu) [3] - The USDA is expected to revise ending stocks for the 2024/25 marketing year to 328 mbu, a decrease of 2 mbu compared to August, while new crop stocks are projected at 288 mbu, also down 2 mbu from August [3] Argentina Production Forecast - Argentina's soybean production is estimated at 47 MMT, which is a decrease of 2.5 MMT from the previous year, attributed to lower acreage [4] - Specific closing prices for soybeans on September 25 include $10.05 1/2 for nearby contracts, $10.25 1/4 for November 25 contracts, and $10.44 3/4 for January 26 contracts, all reflecting a decline of 6 cents or 5 ¾ cents [4]

Group 1: Egg Market - The egg market is experiencing low prices due to high inventory levels of laying hens, with the average wholesale price at 7.58 yuan per kilogram for the week of August 25-31, 2025, reflecting a 0.3% decrease week-on-week and a 29% decrease year-on-year [1] Group 2: Pork and Vegetable Market - Pork prices showed mixed trends, with the average retail price of pork at 34.9 yuan per kilogram, down 0.57% week-on-week, while other cuts like hind leg meat and large ribs saw slight increases of 0.80% and 0.19% respectively [1] - Among 28 monitored vegetable varieties, 22 saw price increases while 6 experienced declines, leading to an overall retail average of 10.31 yuan per kilogram, up 1.48% week-on-week [1] - Significant price increases were noted for cucumbers (up 13.5% to 8.49 yuan/kg), leafy greens (up 13.25% to 7.18 yuan/kg), and green beans (up 10.82% to 15.57 yuan/kg) [1] Group 3: Seafood Market - The total wholesale trading volume of seafood was 3604.6 tons, with a daily average of 514.94 tons, marking a 2.97% decrease [2] - Among 11 monitored seafood products, 5 saw price increases while 6 experienced declines, with notable price rises for silver carp (up 7.07% to 39.07 yuan/kg) and crucian carp (up 2.95% to 37.75 yuan/kg) [2]

Group 1: Pork and Water Products - The average daily trading volume of pork reached 8,979 heads (687.67 tons), an increase of 5.48% compared to the previous week [1] - The average price of live pigs in Hangzhou was 16.13 yuan/kg, down 0.31%, while the average wholesale price of pork was 18.6 yuan/kg, down 1.43% [1] - Retail prices for various pork cuts showed mixed results, with pork loin at 35.1 yuan/kg (down 2.09%) and pork leg at 27.5 yuan/kg (down 2.96%) [1] Group 2: Vegetables - The average daily trading volume of vegetables was 3,620.71 tons, a decrease of 0.61% from the previous week [2] - The overall average wholesale price of vegetables increased by 8% to 4.32 yuan/kg, with significant price increases for cabbage (up 18.54%) and spinach (up 18.16%) [2] - Retail prices for monitored vegetable varieties showed an overall increase of 2.83%, with notable increases for loofah (up 18.07%) and cauliflower (up 9.99%) [2] Group 3: Eggs and Aquatic Products - The average daily trading volume of eggs remained stable at 1,035 tons, with chicken eggs priced at 7.51 yuan/kg (up 1.74%) [3] - The total trading volume of aquatic products was 3,714.85 tons, with an average daily trading volume of 530.69 tons, an increase of 0.99% [3] - The overall average wholesale price of aquatic products decreased by 1.86% to 45.27 yuan/kg, with significant price increases for certain fish types like flower bass (up 7.14%) [3]

Group 1: Poultry Market Insights - The average prices for fast, medium, and slow-growing yellow feathered chickens in the third week of August are 10.84 CNY/kg, 12.68 CNY/kg, and 15.24 CNY/kg, respectively, showing year-on-year increases of 5.9%, 5.0%, and 5.0% [1][2] - Yellow chicken prices have risen for five consecutive weeks, with a single chicken's profit restored to 3.7 CNY based on a weight of 2.2 kg and a cost of 11 CNY/kg [2] - The supply side indicates a significant reduction in the supply of medium and fast-growing chickens, leading to market shortages, while high-end products are selling well [2][4] Group 2: Demand Factors - The demand is positively influenced by events such as graduation banquets and preparations for the Mid-Autumn Festival and National Day, leading to an overall increase in sales [2] - The industry is gradually resuming breeding activities, further boosting overall sales volume [2] Group 3: Investment Recommendations - The current market conditions suggest that the poultry sector may experience a recovery in the next quarter, with a recommendation to focus on leading companies such as Wens Foodstuff Group (300498.SZ) and Lihua Agricultural (300761.SZ) [2] - In the white feather chicken segment, the average price is 7.33 CNY/kg, with a slight increase of 1.8% from the previous week, while chicken product prices have decreased by 0.6% [4] - The market for genetically modified varieties is expected to enter commercial sales, indicating potential growth for industry companies [5] Group 4: Livestock Market Overview - The national price for lean meat pigs is 13.71 CNY/kg, reflecting a slight decrease of 0.2% from the previous week, with a focus on companies that demonstrate cost-effectiveness and growth potential [3] - The livestock sector is still experiencing price volatility, and leading feed companies are expected to benefit from their advantages over smaller competitors [6]

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].

Group 1: Pork Market - The daily supply of white strip pigs in Beijing's Xinfadi market exceeds 1,800 heads, with an average price of 16.9 yuan per kilogram, showing a significant increase compared to last week due to the "fattening for autumn" custom, leading to higher pork consumption [1] - Despite the rising demand, pork prices are not expected to fluctuate significantly in the short term, as production capacity control and the management of live pig weights are being implemented slowly, indicating a gradual downward trend in meat prices [3] Group 2: Vegetable Market - On August 13, the vegetable supply in Xinfadi market reached 19,300 tons, with a weighted average price of 3 yuan per kilogram, indicating sufficient overall supply; however, rainfall has increased vegetable losses in northern production areas, leading to a decrease in output [3] - Prices of certain vegetables, such as cauliflower, have fluctuated due to weather impacts, while more resilient vegetables like onions, potatoes, and carrots have maintained stable prices [3] Group 3: Fruit Market - The daily supply of fruits in Xinfadi market is stable at 12,000 tons, with a weighted average price of 7.18 yuan per kilogram; major varieties include watermelon, cantaloupe, and grapes, with watermelon supply primarily from Jilin, Hebei, and Ningxia [4] - The daily supply of grapes has increased to 1,500 tons in August, with prices dropping by approximately 20% compared to the previous month, sourced from regions like Yunnan, Sichuan, Liaoning, Hebei, and Xinjiang [4] Group 4: Durian Market - The Xinfadi International Durian Pavilion is currently under renovation, with limited durian sales; prices for various durian types range from 30 yuan to 135 yuan per pound, depending on the variety [4][6] - The main source of durians is southern Thailand, with recent prices for durians in boxes ranging from 620 to 680 yuan, reflecting a decrease in production and quality [6]

Agricultural Products Market - The national market price of edible agricultural products increased by 0.1% from the previous week [1] - The average wholesale price of 30 types of vegetables was 4.19 yuan per kilogram, rising by 2.4%, with spinach, cauliflower, and cucumber increasing by 24.5%, 16.9%, and 9.9% respectively [1] - Wholesale prices of grain and oil showed slight fluctuations, with rapeseed oil up by 0.1%, while soybean oil and rice prices remained stable, and flour and peanut oil decreased by 0.2% and 0.1% respectively [1] - Poultry product wholesale prices experienced minor fluctuations, with white strip chicken increasing by 0.3% and eggs decreasing by 1.0% [1] - Meat wholesale prices slightly declined, with pork at 20.31 yuan per kilogram, down by 0.2%, while lamb decreased by 0.1% and beef increased by 0.3% [1] - Wholesale prices of aquatic products decreased, with large yellow croaker, large hairtail, and crucian carp dropping by 1.1%, 0.8%, and 0.4% respectively [1] - Fruit wholesale prices saw a slight decline, with watermelon, pear, and grape prices falling by 4.0%, 2.2%, and 1.6% respectively [1] Production Materials Market - The wholesale prices of finished oil products slightly decreased, with 0 diesel, 95 gasoline, and 92 gasoline dropping by 0.5%, 0.4%, and 0.3% respectively [2] - Rubber prices showed a slight decline, with synthetic rubber and natural rubber decreasing by 0.7% and 0.2% respectively [2] - Steel prices predominantly decreased, with rebar, high-speed wire, and channel steel priced at 3452 yuan, 3639 yuan, and 3690 yuan per ton, down by 0.7%, 0.6%, and 0.3% respectively [2] - Prices of non-ferrous metals showed slight fluctuations, with copper down by 0.6%, while zinc and aluminum increased by 0.3% and 0.2% respectively [2] - Basic chemical raw material prices remained stable, with soda ash and polypropylene decreasing by 0.4% and 0.3%, while methanol remained unchanged and sulfuric acid increased by 0.1% [2] - Fertilizer prices remained stable, with urea and ternary compound fertilizer unchanged from the previous week [2] - Coal prices saw a slight increase, with coking coal, smokeless lump coal, and thermal coal priced at 976 yuan, 1135 yuan, and 761 yuan per ton, increasing by 1.8%, 0.5%, and 0.3% respectively [2]

Group 1: Pork Market - The average daily trading volume of pork reached 8,807 heads (675.56 tons), a week-on-week increase of 1.3% [1] - The average price of live pigs in Hangzhou was 16.28 yuan/kg, up 0.12% from the previous week [1] - The average wholesale price of pork was 19.2 yuan/kg, down 0.83% compared to the previous week [1] - Retail prices for various pork cuts showed mixed results, with pork loin at 35.66 yuan/kg down 0.53% and pork hind leg at 27.35 yuan/kg down 4% [1] Group 2: Vegetable Market - The average daily trading volume of vegetables was 3,925 tons, an increase of 4.46% week-on-week [2] - The overall average wholesale price of vegetables rose to 3.8 yuan/kg, an increase of 1.06% [2] - Significant price increases were noted for cauliflower at 4.09 yuan/kg (up 11.14%) and Chinese cabbage at 1.7 yuan/kg (up 7.59%) [2] - Retail prices for 28 monitored vegetable varieties showed 12 increases and 16 decreases, with an overall average of 9.58 yuan/kg, down 3.43% [2] Group 3: Aquatic Products Market - The total wholesale trading volume of aquatic products was 3,019.85 tons, with a daily average of 431.41 tons, down 8.28% [3] - The overall average wholesale price of aquatic products increased to 42.84 yuan/kg, up 1.69% [3] - Retail prices for monitored aquatic products showed 9 increases and 2 decreases, with an overall average of 63.52 yuan/kg, up 1.88% [3]

Core Insights - The average price of pork in China's wholesale market reached 20.67 yuan per kilogram as of August 6, marking a 1.7% increase from the previous day [1] - The average price of eggs was reported at 7.54 yuan per kilogram, showing a decrease of 0.8% compared to the previous day [1] Price Trends - Pork price increase: 1.7% rise to 20.67 yuan/kg [1] - Egg price decrease: 0.8% drop to 7.54 yuan/kg [1]

Group 1 - The average retail price of watermelons in South Korea has increased by 33.7% compared to the previous month and by 17.6% compared to the same period last year, primarily due to hot weather affecting growth and increased demand [2]. - The average price of a pack of 10 peaches is 21,133 KRW (approximately 109 RMB), showing significant increases both month-on-month and year-on-year [4]. - The price of cabbage, a key ingredient for kimchi in South Korea, is rising, which not only affects living costs directly but also has potential ripple effects on other sectors [4]. Group 2 - South Korea experienced one of the most severe heatwaves on record this summer, with the highest temperature reaching 33 degrees Celsius or higher on 15 days in July, significantly above the historical average of 3.4 days [4]. - In July, South Korea recorded 23 "tropical nights," where temperatures remained above 25 degrees Celsius from 6 PM to 9 AM the next day, marking the highest number since records began in 1973 [4]. - The South Korean government has announced plans to stabilize the market supply of major agricultural products in response to rising prices [4].