Report Summary 1. Industry Investment Rating - Not provided in the report. 2. Core View - Policy support is expected to boost the pig market, while the corn market is facing downward pressure with limited upward potential on the futures price [2][3][7]. 3. Summary by Category Pig Market - Futures: The LH2511 contract closed at 13,840 yuan/ton, down 0.5% from the previous week's settlement price [3]. - Spot: The national average price of ternary pigs was 13.82 yuan/kg, up 0.02 yuan/kg week-on-week [3]. - Profit: As of August 22, the profit of self - breeding and self - raising pigs was 33.95 yuan/head, an increase of 33.95 yuan/head week - on - week; the profit of purchasing piglets for fattening was - 151.8 yuan/head, an increase of 5.25 yuan/head week - on - week; the pig - grain ratio was 5.84, unchanged week - on - week [3]. - Market Situation: Pig prices were volatile last week with regional differences. Southern prices rose slightly due to second - fattening and transportation, while northern prices weakened due to increased supply and limited demand. Policy support from potential state reserve purchases and improved demand from the start of the school season in late August are expected to support prices [3]. Corn Market - Futures: The C2511 contract closed at 2,175 yuan/ton, down 0.78% from the previous week's settlement price [5]. - Spot: The national average spot price of corn was 2,381.96 yuan/ton, down 12.16 yuan/ton week - on - week. Port prices also declined [5]. - Industrial Consumption: From August 14 - 20, 2025, 149 major corn deep - processing enterprises consumed 113.62 million tons of corn, down 0.45 million tons week - on - week. Corn starch production and开机率 decreased, while the DDGS industry开机率 and production increased [6]. - Inventory: As of August 20, the corn inventory of 96 major processing enterprises in 12 regions was 3.147 billion tons, a decrease of 7.5%. As of August 22, the total corn inventory in four northern ports was about 1.5 billion tons, and in Guangdong ports it was 750 million tons [6]. - Market Situation: The corn spot market was weak last week. Supply increased due to import auctions and rotation sales in the Northeast, and increased arrivals in the North China. Demand was affected by equipment maintenance in starch plants and remained at a rigid level in feed enterprises. The futures price rebounded slightly but the upward space is limited [7].

《每日经济新闻》记者梳理发现，从7月初以来，猪肉价格延续了总体下跌的趋势。猪价下跌主要有哪些原因？开展中央储备冻猪肉收储后对猪价会有哪 些影响？后续走势如何？记者就此采访了农业领域的专家。 价格低位主要由需求 疲软及市场情绪共同导致 国家发展改革委官网发布的信息显示，近期，由于夏季天气炎热、消费季节性偏弱，加之前期二次育肥生猪出栏，猪肉市场供应有所增加，生猪价格小幅 回落。 据国家发展改革委监测，近日全国平均猪粮比价跌至6：1以下，按照《完善政府猪肉储备调节机制 做好猪肉市场保供稳价工作预案》（以下简称《预 案》）规定，进入三级预警区间。为促进生猪市场平稳运行，近期国家发展改革委将会同有关部门开展中央冻猪肉储备收储。 记者梳理发现，自6月中旬开始，猪肉价格曾经历过短暂上涨，但从7月初以来，猪肉价格总体延续了下跌趋势。 每经记者｜张蕊 每经编辑｜程鹏 陈旭 8月21日，国家发展改革委官网发布信息，表示将于近期会同有关部门开展中央冻猪肉储备收储。 同日，华储网发布《关于2025年8月25日中央储备冻猪肉收储竞价交易有关事项的通知》（以下简称《通知》）。 瘦肉型白条猪肉出厂价格总指数运行走势图 自7月初以来猪肉价格 ...