活动现场设置了板栗品鉴环节，专家和嘉宾品尝了四种不同烹制方式的延寿板栗，从传统糖炒栗子到创新板栗糕 点，全方位展示了延寿板栗的优良品质和多样化加工潜力。活动还颁发了"美栗领航奖"、"美栗先锋奖"和"美栗使 者奖"，表彰在板栗产业规模化发展、创新加工和营销推广等方面作出突出贡献的企业、合作社和个人。 特色产业带动经济发展成效显著 中国发展网讯9月22日，在2025年中国农民丰收节来临之际，"美栗延寿，秋趣浓"2025首届昌平延寿板栗品鉴暨秋 收秋游招商推介活动在延寿镇综合文化活动中心成功举办。本次活动由延寿镇人民政府主办，旨在通过板栗品 鉴、产业推介等形式，展示延寿镇特色产业发展成果，推动乡村振兴战略深入实施。区镇领导、评审专家、企业 商户代表等近200人参加活动。 活动丰富多元搭建产业合作平台 近年来，延寿镇始终践行"绿水青山就是金山银山"的理念，坚定不移走生态优先、绿色发展之路，着力推动农文 旅商体融合发展。 招商推介环节详细介绍了延寿镇的产业发展优势。延寿镇依托得天独厚的自然条件，大力发展板栗特色产业。目 前，全镇板栗种植面积达5万亩，年产量超过500吨，形成了以板栗、栗蘑、核桃为代表的"延寿三宝"农产品 ...

Report Industry Investment Ratings No relevant information provided. Core Views Oils and Fats - Palm oil is expected to gradually rise due to positive fundamentals, with Dalian palm oil futures potentially following suit and starting an upward trend [1]. - Soybean oil is under pressure from seasonal harvest and Sino - US trade disputes, but the expected decrease in soybean imports in the fourth quarter may provide long - term support [1]. Sugar - International raw sugar is expected to remain in a bottom - oscillating pattern due to oversupply, while domestic sugar is likely to continue its weak performance [3][4]. Grains and Oilseeds - US soybeans are under pressure, and domestic oilseed meal is expected to maintain a weak - oscillating rhythm due to sufficient supply [6]. Cotton - Medium - term domestic cotton prices may face pressure due to weak demand and high hedging pressure [9]. Corn - The corn market is expected to remain weak in the short term, with attention on new grain purchase rhythms and opening prices [10]. Eggs - Egg prices are expected to oscillate within a bottom - range due to sufficient supply and uncertain demand [15]. Pigs - The pig market has a clear supply recovery pattern, with near - month contracts maintaining weak adjustments, and attention on 1 - 5 and 3 - 7 reverse spread opportunities [17][18]. Summary by Related Catalogs Oils and Fats - **Prices**: On September 22, 2025, soybean oil spot price in Jiangsu remained unchanged at 8620 yuan/ton, palm oil spot price in Guangdong decreased by 0.32% to 9270 yuan/ton, and rapeseed oil spot price in Jiangsu increased by 0.29% to 10210 yuan/ton [1]. - **Spreads**: The three - oil 01 - 05 spread increased by 4.35% to 288 yuan/ton, the palm oil 01 - 05 spread increased by 1.98% to 206 yuan/ton, and the rapeseed oil 01 - 05 spread increased by 1.00% to 505 yuan/ton [1]. Sugar - **Futures Market**: On September 22, 2025, the price of SR2601 decreased by 0.16% to 5452 yuan/ton, and the price of SR2605 decreased by 0.26% to 5432 yuan/ton [3]. - **Spot Market**: The spot price in Nanning decreased by 0.51% to 5800 yuan/ton, and the spot price in Kunming decreased by 0.43% to 5820 yuan/ton [3]. - **Industry Situation**: National sugar production increased by 12.03% year - on - year to 1116.21 million tons, and national sugar sales increased by 12.87% year - on - year to 1000 million tons [3]. Grains and Oilseeds - **Prices**: On September 22, 2025, the spot price of soybean meal in Jiangsu remained unchanged at 2950 yuan/ton, the spot price of rapeseed meal in Jiangsu remained unchanged at 2600 yuan/ton, and the spot price of soybeans in Harbin remained unchanged at 3980 yuan/ton [6]. - **Spreads**: The soybean meal 01 - 05 spread increased by 10.53% to 252 yuan/ton, the rapeseed meal 01 - 05 spread increased by 14.81% to 155 yuan/ton, and the soybean - rapeseed meal 2601 spread increased by 2.85% to 506 yuan/ton [6]. Cotton - **Futures Market**: On September 22, 2025, the price of CF2605 decreased by 0.66% to 13812 yuan/ton, and the price of CF2601 decreased by 0.80% to 13610 yuan/ton [9]. - **Spot Market**: The Xinjiang arrival price of 3128B decreased by 0.34% to 15146 yuan/ton, and the CC Index of 3128B decreased by 0.39% to 15224 yuan/ton [9]. - **Industry Situation**: Warehouse inventory decreased by 20.6% month - on - month to 117.59 million tons, and industrial inventory decreased by 3.4% month - on - month to 86.21 million tons [9]. Corn - **Futures Market**: On September 22, 2025, the price of C2511 decreased by 0.97% to 2147 yuan/ton, and the price of CS2511 decreased by 1.30% to 2431 yuan/ton [10]. - **Spot Market**: The FOB price at Jinzhou Port increased by 0.88% to 2300 yuan/ton, and the spot price of corn starch in Changchun remained unchanged at 2560 yuan/ton [10]. - **Spreads**: The C11 - 3 spread decreased by 200.00% to - 1 yuan/ton, and the CS11 - 3 spread decreased by 45.00% to - 29 yuan/ton [10]. Eggs - **Prices**: On September 22, 2025, the price of the JD11 contract decreased by 1.19% to 3075 yuan/500KG, and the price of the JD10 contract decreased by 1.42% to 2982 yuan/500KG [14]. - **Related Indicators**: The egg - feed ratio increased by 7.95% to 2.85, and the breeding profit increased by 135.13% to 3.20 yuan/feather [14]. Pigs - **Futures Market**: On September 22, 2025, the price of LH2511 decreased by 0.23% to 12795 yuan/ton, and the price of LH2601 decreased by 0.04% to 13345 yuan/ton [17]. - **Spot Market**: The spot price in Henan decreased by 200 yuan/ton to 12700 yuan/ton, and the spot price in Shandong decreased by 50 yuan/ton to 12850 yuan/ton [17]. - **Related Indicators**: The sample slaughterhouse daily volume decreased by 0.24% to 153248, and the self - breeding profit per week decreased by 245.13% to - 24 yuan/head [17].

Group 1: Core Financial Initiatives - Jiangsu Bank actively injects financial energy into agricultural production, supporting the autumn harvest with tailored financial products and efficient services [1] - The "Agricultural Machinery e-Loan" product addresses long-standing financing difficulties in the agricultural machinery sector, offering automated credit loans of up to 10 million yuan for manufacturers and 3 million yuan for dealers [1][3] - The "Su Nong Loan" has been upgraded to support online applications and flexible financing based on daily purchasing progress, effectively assisting grain enterprises in seizing quality grain sources [4] Group 2: Support for Agricultural Enterprises - Wuxi Yuitian Agricultural Machinery Technology Co., Ltd. received a 3 million yuan credit loan through "Agricultural Machinery e-Loan" to enhance liquidity and expedite machinery production for the autumn harvest [3] - Jiangsu Bank's financial support has enabled agricultural enterprises to purchase new harvesting and drying equipment, ensuring timely installation and operation for the autumn harvest [3] - The "Common Prosperity Loan" has been instrumental in alleviating funding pressures for rural enterprises, facilitating the growth of local agricultural industries and enhancing farmers' incomes [5][7] Group 3: Impact on Rural Development - The "Common Prosperity Loan" has effectively stimulated rural economic vitality, addressing financing pain points for collective economic organizations and new agricultural operators [5] - Jiangsu Bank's support for the "Huaian Qianshi" geographical indication product has helped local enterprises establish a comprehensive service model, significantly increasing employment and income for local farmers [8] - The bank's commitment to rural revitalization is reflected in its ongoing efforts to meet the financial needs of local agricultural talents and collective organizations through various loan products [10]

今 日 早 评 重点品种： 【短评-原油】科威特石油部长Al Barra在接受当地媒体采 访时表示，该国原油产能为每日320万桶，根据OPEC+协议，科 威特将自10月起把原油产量提高至每日255.9万桶，部长同时强 调，OPEC+最新的增产决定与市场动态相关，未来增产措施可视 情况暂停或逆转；能源年鉴2025报告：石油仍然是最大的能源 来源，2024年满足了全球34%的能源总需求。尽管全球需求放 缓，但仍增长了0.7%，首次突破101百万桶/日的水平。评：对 未来供应过剩的担忧盖过了地缘政治紧张带来的影响，国际油 价连续第四天下跌。整体上，OPEC+从今年4月开始逐步增产， 10月将再次增产13.7万桶/日，其增产趋势增加了全球原油供应 量，非OPEC+产油国供应量也维持在高位，原油市场整体供应宽 松的格局使油价承压运行。逢高沽空为佳。 【短评-橡胶】泰国原料胶水价格55.8泰铢/公斤，杯胶价 格50.35泰铢/公斤；海南胶水制全乳价格14500元/吨，制浓乳 胶价格16200元/吨；据统计，截至2025年9月21日，青岛地区天 胶保税和一般贸易合计库存量46.12万吨（库存调整后上期总库 存46.47万吨 ...

Group 1: Policy and Investment - The Weifang Agricultural and Rural Bureau announced a financial subsidy policy for rural revitalization projects with actual new investments exceeding 100 million yuan, providing a subsidy of 1% of the investment amount, capped at 10 million yuan [1] - The policy aims to attract social capital into the agricultural sector, expand effective investment, and promote agricultural modernization, emphasizing the importance of "forming physical workload" in addition to investment scale [1] Group 2: Agricultural Performance - In the first half of 2025, Weifang reported a total agricultural output value of 70.64 billion yuan, leading the province, with significant increases in various sectors including a 3.23% growth in vegetable production [2] - The city achieved a total agricultural product export value of 11.26 billion yuan from January to August 2025, marking a 6.6% year-on-year increase, and maintaining a hundred billion-level export scale for seven consecutive years [2] Group 3: Technological Advancements - Weifang has made significant strides in agricultural technology, including the construction of a complete hexaploid wheat genome map and the successful approval of the "Weimai 13" wheat variety [3] - The city’s corn industry cluster was selected for a national agricultural integration development project, showcasing its potential for full industry chain development with a mechanization rate of 96.5% [3] Group 4: International Cooperation - Weifang is actively expanding its international market presence, exporting agricultural products worth 2.77 billion yuan to Japan and 2.21 billion yuan to ASEAN countries, with a combined total accounting for 53.1% of the city's agricultural exports [4][5] - The city has initiated various international cooperation projects, including agricultural partnerships in Pakistan and Ghana, and has successfully signed mutual recognition agreements for agricultural product inspections with Japan [5] Group 5: Smart Agriculture Initiatives - Weifang is focusing on smart agriculture as a core strategy for agricultural transformation, implementing various policies to support digital agriculture and smart rural development [6] - The city has launched pilot projects integrating blockchain technology in agriculture, establishing a comprehensive scheme for agricultural product quality and safety supervision, which has been recognized as a national model [7]

1. Report Industry Investment Rating There is no information about the industry investment rating in the provided content. 2. Core Views of the Report - Palm oil has no upward or downward drivers, and the inventory pressure needs to be released [2][4]. - For soybean oil, Argentina has cancelled the export tax on soybeans, leading to a weak and volatile trend in US soybeans [2][4]. - Due to the US soybean's lower - than - expected good - to - excellent rate, soybean meal may rebound [2][13]. - Affected by the sentiment in the soybean market, soybean No.1 is oscillating at a low level [2][13]. - Attention should be paid to the listing of new corn [2][16]. - Monitor the impact of typhoon "Huajiaisha" on sugarcane areas [2][21]. - The pressure of new cotton listing is weighing on the futures price [2][26]. - The peak season for eggs is coming to an end [2][32]. - It is the stage of concentrated release of contradictions in the pig market before the festival [2][34]. - Peanut prices have declined [2][39]. 3. Summary by Related Catalogs Palm Oil and Soybean Oil Fundamental Tracking - Palm oil's daytime closing price was 9,360 yuan/ton with a 0.47% increase, and the night - time closing price was 9,152 yuan/ton with a 2.22% - 2.32% decrease. Its trading volume was 561,707 lots, an increase of 7,050 lots, and the open interest was 403,883 lots, a decrease of 7,931 lots. The spot price in Guangdong was 9,270 yuan/ton, a decrease of 30 yuan/ton, and the basis was - 90 yuan/ton [5]. - Soybean oil's daytime closing price was 8,366 yuan/ton with a 0.46% increase, and the night - time closing price was 8,172 yuan/ton. Its trading volume was 290,066 lots, a decrease of 41,585 lots, and the open interest was 569,350 lots, a decrease of 2,076 lots. The spot price in Guangdong was 8,710 yuan/ton, unchanged, and the basis was 344 yuan/ton [5]. Macro and Industry News - From September 1 - 20, 2025, Malaysia's palm oil yield per unit area decreased by 6.57% month - on - month, the oil extraction rate decreased by 0.25% month - on - month, and the output decreased by 7.89% month - on - month [6]. - Malaysia's palm oil product exports from September 1 - 20, 2025, showed different trends according to different institutions' data. ITS data indicated an increase compared to the same period last month, AmSpec showed an 8.3% increase, while SGS predicted a 16.1% decrease [7][8][9]. - As of September 21, the US soybean good - to - excellent rate was 61%, lower than the market expectation of 62%, and the harvest rate was 9%, lower than the expected 12% [9]. - Argentina has temporarily cancelled the export tax on soybeans, soybean meal, soybean oil, corn, and wheat until October 31 or until the total export reaches 7 billion US dollars [10]. Trend Intensity The trend intensity of palm oil and soybean oil is - 1 [12]. Soybean Meal and Soybean No.1 Fundamental Tracking - DCE soybean No.1 2511's daytime closing price was 3,912 yuan/ton with a 0.15% increase, and the night - time closing price was 3,884 yuan/ton with a 0.69% decrease. DCE soybean meal 2601's daytime closing price was 3,034 yuan/ton with a 1.00% increase, and the night - time closing price was 2,983 yuan/ton with a 1.55% decrease [13]. Macro and Industry News - On September 22, CBOT soybean futures closed lower, hitting a six - week low due to insufficient Chinese purchases and Argentina's cancellation of the export tax on grains [13][15]. Trend Intensity The trend intensity of soybean meal and soybean No.1 is 0 [15]. Corn Fundamental Tracking - The daytime closing price of C2511 was 2,147 yuan/ton with a 1.11% decrease, and the night - time closing price was 2,151 yuan/ton with a 0.19% increase. The daytime closing price of C2601 was 2,136 yuan/ton with a 1.16% decrease, and the night - time closing price was 2,137 yuan/ton with a 0.05% increase [16]. Macro and Industry News - The northern corn collection price at ports decreased by 20 yuan/ton compared to last week, and the price in Guangdong Shekou remained flat. The purchase price of deep - processing enterprises in the Northeast and North China has declined [17]. Trend Intensity The trend intensity of corn is 0 [20]. Sugar Fundamental Tracking - The raw sugar price was 15.85 cents/pound, a year - on - year decrease of 0.33 cents/pound. The mainstream spot price was 5,850 yuan/ton, a year - on - year decrease of 60 yuan/ton, and the futures main contract price was 5,452 yuan/ton, a year - on - year decrease of 9 yuan/ton [21]. Macro and Industry News - Pay attention to the impact of typhoon "Huajiaisha" on sugarcane production areas. Brazil's sugar production in the second half of August increased by 18% year - on - year, but its exports in August and July decreased by 5% year - on - year. Conab has lowered Brazil's sugar production forecast for the 25/26 season to 44.5 million tons [21]. Trend Intensity The trend intensity of sugar is 0 [24]. Cotton Fundamental Tracking - The daytime closing price of CF2601 was 13,610 yuan/ton with a 0.80% decrease, and the night - time closing price was 13,575 yuan/ton with a 0.26% - 0.05% decrease. The daytime closing price of CY2511 was 19,675 yuan/ton with a 0.30% decrease [26]. Macro and Industry News - The spot trading of cotton was sluggish, and the purchase price of seed cotton was slightly weak. The sentiment in the cotton yarn market has weakened, and the sales of cotton grey cloth have partially declined [27]. Trend Intensity The trend intensity of cotton is 0 [29]. Eggs Fundamental Tracking - The price of eggs 2510 was 2,982 yuan/500 kg, a 1.84% decrease, and the price of eggs 2601 was 3,366 yuan/500 kg, a 1.67% decrease [32]. Trend Intensity The trend intensity of eggs is 0 [32]. Pigs Fundamental Tracking - The Henan spot price was 12,730 yuan/ton, a decrease of 200 yuan/ton. The futures prices of pigs 2511, 2601, and 2603 all decreased year - on - year [35]. Market Logic - Group farms have significantly reduced supply, but the pig weight has increased again, and the price difference between fat and lean pigs has weakened, indicating a serious passive inventory accumulation. The probability of concentrated pressure release in the spot market before the double festivals has increased, and the spot price center will further decline [37]. Trend Intensity The trend intensity of pigs is - 1 [36]. Peanuts Fundamental Tracking - The price of Liaoning 308 common peanuts was 8,600 yuan/ton, an increase of 140 yuan/ton. The trading volume and open interest of peanut futures decreased [39]. Spot Market Focus - In most peanut - producing areas, the supply has slightly increased due to improved weather, but the remaining spring peanuts are limited. The harvest of wheat - stubble peanuts has been postponed due to rain [40]. Trend Intensity The trend intensity of peanuts is 0 [42].

Core Viewpoint - Agricultural Bank of China Beijing Branch is actively supporting rural revitalization through innovative financial products and services tailored to the specific needs of rural industries, thereby enhancing agricultural productivity and improving the livelihoods of local farmers [1][2][8]. Group 1: Financial Support for Rural Industries - The bank has developed specialized financial products to address the unique needs of rural industries, ensuring that farmers can access loans that are easy to obtain, beneficial to use, and manageable to repay [2][3]. - A notable example includes the "Rural Revitalization e-loan," which provided funding between 500,000 to 1 million yuan to a cooperative in Dawo Village, enabling them to expand their mushroom production and processing capabilities [3]. - The cooperative's annual output value has reached 3 million yuan, significantly increasing the average income of villagers from 16,000 yuan in 2016 to 28,000 yuan by 2025 [3]. Group 2: Diverse Financial Products - Agricultural Bank of China Beijing Branch has introduced various financial products such as merchant loans, rural tourism loans, order loans, facility loans, and agricultural insurance loans to strengthen rural industries [5]. - The bank has also supported the Beijing Jingchun Beekeeping Cooperative with loans ranging from 1 million to 2 million yuan to help expand their operations, demonstrating a commitment to addressing the specific challenges faced by different agricultural sectors [4]. Group 3: Infrastructure and Community Development - The bank has invested nearly 2 million yuan in "rural tourism loans" to enhance local tourism infrastructure in Huangshandian Village, contributing to the overall economic development of the area [6]. - Additionally, over 2.4 million yuan has been allocated for public welfare projects in various villages, focusing on road construction, waste management, and cultural facilities [6][7]. Group 4: Talent and Knowledge Support - The bank has initiated programs to pair rural revitalization demonstration villages with better-developed administrative villages, fostering knowledge transfer and resource sharing [7]. - A team of five skilled personnel has been deployed to provide on-the-ground financial services and guidance, ensuring that local communities receive comprehensive support [7]. Group 5: Future Commitment - The bank plans to continue enhancing its financial support for key agricultural sectors, with a focus on food security, rural industries, and agricultural technology, having already issued nearly 9 billion yuan in loans to agricultural enterprises [8]. - The ongoing efforts aim to create a sustainable model for rural revitalization, ensuring that financial services are closely aligned with the needs of the agricultural sector and rural communities [8].

Monetary Policy - The central bank emphasizes a supportive monetary policy stance, implementing moderate easing without immediate adjustments to short-term policies [1] - As of the end of August, various long-term funds held approximately 21.4 trillion yuan in A-share market, reflecting a 32% increase compared to the end of the 13th Five-Year Plan [1] - The LPR remained unchanged in September, while the Federal Reserve's anticipated rate cuts have influenced market risk appetite positively [1] Key Commodities Oil - Oil prices are under pressure due to recent weather impacts in Malaysia, with palm oil production expected to decrease by 8.05% for the period of September 1-15, 2025 [2][27] - Exports of Malaysian palm oil are projected to decline by 24.7% during the same period, contributing to the bearish sentiment in the oil sector [2][27] Gold - Following the Federal Reserve's decision to cut rates by 25 basis points, gold prices have rebounded, reaching new highs [3][18] - Strong retail sales data from the U.S. and ongoing expectations for further rate cuts have sustained bullish sentiment in the gold market [3][18] Stock Indices - U.S. stock indices have risen, with significant trading volumes, indicating a phase of consolidation after prolonged gains [4][10] - The financing balance decreased by 4.15 billion yuan to 23.816 trillion yuan, reflecting a divergence in market sentiment [4][10] Domestic News - The implementation of the "9.24" policy package has strengthened the foundation for stability in China's capital markets, with significant increases in trading volumes and new account openings [6] - As of September 18, the financing and securities balance reached 24.024 trillion yuan, with daily trading volumes in the A-share market exceeding 3 trillion yuan multiple times this year [6] Industry News - The State Council is prioritizing the establishment of national standards for pre-prepared dishes, aiming to enhance consumer rights and choices [8] Shipping Index - The European shipping index has shown fluctuations, with current freight rates declining significantly, indicating a competitive pricing environment among shipping companies [30]

Core Insights - The article highlights the cultural significance and economic impact of "Dapanji," a traditional dish from Xinjiang, which has become a symbol of local cuisine and heritage [1][2]. Industry Overview - Dapanji is a popular dish in Shawan City, Xinjiang, where nearly every household prepares it, creating a vibrant culinary atmosphere [2]. - The dish's ingredients, including locally sourced chicken, potatoes, and special red peppers known as "lapi zi," reflect the agricultural development in Xinjiang [4][5]. Agricultural Development - The chicken used in Dapanji is sourced from standardized free-range farms, which allows for traceability of its production process, enhancing food safety and quality [5]. - The peppers, a key ingredient, have evolved from scattered farming to a complete industry chain, including breeding, planting, processing, and sales, meeting both domestic and international demand [7]. Economic Impact - The Dapanji industry in Shawan has established a full industrial chain from breeding to e-commerce, generating an annual output value exceeding ten million yuan [9]. - The growth of this industry has led to the establishment of over 1,000 Dapanji businesses and provided employment for more than 10,000 people, significantly boosting local economic development [9]. Cultural Significance - The cooking techniques for Dapanji have been recognized as a regional intangible cultural heritage, showcasing the blend of culinary art and local traditions [9]. - The dish not only represents the flavors of Xinjiang but also embodies the hard work and wisdom of its diverse population, contributing to a sense of community and cultural pride [9].

Core Viewpoint - The celebration of the "Chinese Farmers' Harvest Festival" and the greetings from General Secretary Xi Jinping have inspired local agricultural officials and farmers to actively engage in modernizing agriculture and rural areas, aiming for a beautiful future of Chinese-style modernization [1][2]. Group 1: Agricultural Modernization Initiatives - Local agricultural departments are organizing diverse harvest celebration activities to promote urban-rural consumption and enhance community collaboration, focusing on connecting production and sales [1]. - There is a commitment to improving agricultural production capacity through the promotion of advanced technologies and equipment, as well as enhancing the employment stability of farmers [1][2]. - The emphasis on agricultural modernization is seen as crucial for overall national development, with frontline agricultural technicians pledging to improve production capabilities and farmer incomes [1][2]. Group 2: Specific Agricultural Practices and Innovations - A cooperative in Weinan has managed 28,900 acres of land, expecting an average yield of over 1,050 kilograms per acre, marking a significant achievement in grain production [2][3]. - The tea industry in Hanzhong is focusing on standardizing tea production and integrating it with tourism and cultural experiences to enhance product value and attract visitors [3].