Core Viewpoint - The livestock farming industry is expected to experience a resonance of cycles and growth opportunities by 2026, with the swine sector reaching a critical point of de-stocking, leading to potential value recovery for cost-leading enterprises. The beef industry is projected to maintain a high prosperity cycle until 2027, while the poultry sector shows a clear upward price trend due to supply contraction [1]. Swine Sector - The swine sector is witnessing a significant slowdown in production capacity due to ongoing losses and declining pig prices, reaching a de-stocking critical point. Leading companies with low-cost advantages are expected to realize value release, with recommendations for companies like Muyuan Foods, Wens Foodstuff Group, and Dekang Agriculture. Smaller pig farming companies with growth potential are also suggested for attention [2]. Beef Sector - The beef sector is in a high prosperity cycle, with slow supply recovery and rising global beef prices driven by import policy restrictions. The main upward wave of the cycle is anticipated to begin in 2026, with recommendations for companies such as Youran Dairy, Modern Farming, and China Shengmu Organic Milk [3]. Poultry Sector - In the poultry sector, the yellow chicken segment is experiencing capacity de-stocking due to continuous losses, although parent stock remains high. Companies with rapid capacity expansion and strong cost control, such as Lihua Agricultural Science and Technology, are favored. The white feather chicken segment is awaiting a cycle reversal, with recommendations for integrated leaders like Shennong Development and upstream chick leaders like Yisheng Livestock and Poultry [4]. Feed Sector - The feed sector emphasizes cost control and industry chain extension, focusing on companies with strong cost management capabilities and established overseas operations. Recommended companies include Haida Group and Bangji Technology [5]. Animal Health Sector - The animal health sector highlights the importance of research and innovation, recommending companies that can avoid price wars. Key focuses include product layout in the pet segment and breakthroughs in high-value pet pharmaceuticals. Recommended companies include Reap Bio, which benefits from the recovery of livestock prices, and companies like Kexin Bio, Plank Bio, and Zhongmu Bio with strong competitive advantages [6]. Planting Industry - The planting industry is expected to see grain prices stabilize, influenced by high production and inventory levels. Grain security remains a priority, with a shift from cyclical to growth valuations in the seed industry. Recommended companies include Beidahuang and Suqian Agricultural Development, with attention to seed companies like Kangnong Seed Industry and Longping High-Tech [7]. Pet Industry - The pet industry is thriving, driven by domestic demand and exports, with rapid growth of domestic brands. Key companies to watch include pet food brands like Guibao Pet and Zhongchong Co., and pet supplies companies like Yuanfei Pet and Tianyuan Pet [8].