Report Summary 1. Core View - Confirmation of off - season during peak season and the start of the release of the "reservoir" for the pig industry [1] 2. Fundamental Data - **Spot Prices**: Henan spot price is 12,430 yuan/ton, down 450 yuan; Sichuan spot price is 11,650 yuan/ton, unchanged; Guangdong spot price is 11,860 yuan/ton, down 200 yuan [2] - **Futures Prices**: The price of live - hog 2603 is 10,860 yuan/ton, down 135 yuan; live - hog 2605 is 11,625 yuan/ton, down 60 yuan; live - hog 2607 is 12,195 yuan/ton, down 50 yuan [2] - **Trading Volume and Open Interest**: For live - hog 2603, trading volume is 28,725 lots, down 8,149 lots, and open interest is 65,988 lots, down 8,876 lots; for live - hog 2605, trading volume is 48,568 lots, down 19,829 lots, and open interest is 143,321 lots, down 1,148 lots; for live - hog 2607, trading volume is 4,422 lots, down 3,540 lots, and open interest is 50,102 lots, down 154 lots [2] - **Price Spreads**: The basis of live - hog 2603 is 1,570 yuan/ton, down 315 yuan; the basis of live - hog 2605 is 805 yuan/ton, down 390 yuan; the basis of live - hog 2607 is 235 yuan/ton, down 400 yuan; the spread between live - hog 2603 and 2605 is - 765 yuan/ton, down 75 yuan; the spread between live - hog 2605 and 2607 is - 570 yuan/ton, down 10 yuan [2] 3. Market Information - Guangxi Yangxiang registered 100 lots of warehouse receipts for the March contract; Dekang registered 525 lots; Fuyuan registered 22 lots [3] 4. Trend Intensity - The trend intensity is - 2, indicating the most bearish view [4]

Core Insights - The news highlights the significant achievements in agricultural development in Guangdong, particularly in the context of rural revitalization and food security initiatives. Group 1: Agricultural Achievements - The agricultural industry in Qingyuan has seen a 15.1% growth in the total output value of five major agricultural chains, with key products like Qingyuan chicken, bamboo shoots, and Yingde black tea each exceeding 10 billion yuan in output value [1] - Yingde black tea has been recognized as the top regional public brand value in the black tea category nationwide [1] - The implementation of the "Hundred Counties, Thousand Towns, and Ten Thousand Villages High-Quality Development Project" has led to significant improvements in rural income, with rural income growth outpacing urban residents for 16 consecutive years [1] Group 2: Food Security Initiatives - The Central Government's emphasis on food security is reiterated, with Guangdong focusing on both land and technology to ensure food supply [2] - Guangdong has achieved a record high in grain yield per unit area, with rice production exceeding 500 kg per mu for four consecutive years, surpassing the national average [2][3] - The province's comprehensive grain production capacity is projected to increase from 12.38 million tons in 2021 to 12.977 million tons by 2025 [3] Group 3: Rural Infrastructure and Living Conditions - Guangdong has made significant strides in improving rural living conditions, with 90% of natural villages achieving wastewater treatment and 97% of rural households having access to sanitary toilets [10] - The province has constructed or renovated approximately 46,000 green rural houses and planted over 42 million trees in villages [9][10] - The establishment of a digital management platform for rural collective assets has led to a total rural collective asset value of 1.35 trillion yuan, the highest in the country [10] Group 4: Development of Specialty Industries - The development of the Baijiao sea bass industry in Zhuhai has created an agricultural specialty industry with an output value exceeding 18 billion yuan, benefiting over 5,000 households [6] - The Mei County pomelo industry has formed a complete industrial chain, with the regional public brand value reaching 22.75 billion yuan [7] - The cultivation of lychee in Guangdong has positioned the province as the national leader in terms of planting area, output, and value [7]

（来源：中央气象台网站） 来源：中央气象台网站 未来10天江南西部和西南地区东部多阴雨 须注意防范湿渍害 一、本周天气特点及农业影响分析 1.1 本周天气特点 本周（2026年2月1日-2026年2月7日），除东北地区大部、内蒙古东部等地平均气温接近常年同期或偏低1~2℃外，全 国其余大部农区气温偏高1~2℃，其中，西北地区东南部、黄淮西部、江南中南部、华南大部以及新疆中南部等地偏 高2~4℃，新疆北部偏高4~6℃（图1）。周内，全国大部农区降水稀少，新疆北部、东北地区东部、江南、江淮、西 南地区东部等地出现降水，其中江淮南部、江南东部、贵州中部等地降水量有5～25毫米，安徽南部和浙江北部部分 地区有25～50毫米，上述大部地区降水量较常年同期偏多3成至2倍，其余大部农区基本无降水（图2）。北方大部农 区日照时数接近常年同期，江南东南部、华南中东部及四川盆地、陕西南部等地日照时数偏多8成至2倍；江淮南 部、江汉南部、江南大部、广西西部及贵州等地日照时数偏少3~8成（图3）。 建议：北方冬麦区根据苗情、墒情加强田间分类管理，确保小麦安全越冬。南方地区做好冬小麦、油菜、露地蔬菜 等作物及经济林果的水肥管理；降水偏 ...

Core Insights - By 2025, China's comprehensive production capacity for livestock and poultry products is expected to steadily increase, with the total meat output from pigs, cattle, sheep, and poultry surpassing 10 million tons for the first time [1] - The pig production capacity is undergoing a high-level adjustment, and positive results have been achieved in alleviating challenges faced by the beef and dairy industries, while promoting green and safe development [1] - The Ministry of Agriculture and Rural Affairs held a video conference to deploy work for 2026, emphasizing the need for steady progress, quality improvement, and efficiency enhancement in the livestock and veterinary sectors [1] Industry Developments - The 2026 livestock and veterinary work will focus on stabilizing pig production capacity, accelerating support for the dairy industry, and maintaining beef production stability [1] - There will be an emphasis on comprehensive regulation of pig production capacity and efforts to reduce costs and improve quality across the entire supply chain [1]

光明日报记者 赵明昊 黄小异 姚昆 2月5日上午，记者走进新疆裕民县巴什拜种羊繁育基地的圈舍，一股青贮饲料特有的酸梨气味扑鼻而 来。基地负责人代作权望着眼前体格健硕的种羊，目光里满是欣慰，"入选《国家级畜禽遗传资源保护 名录》，是今年开年最好的消息"。 入选名录，意味着巴什拜羊是经过科学评估的、原产我国的地方品种，具有独特的遗传特性和重要价 值。这份荣誉背后，是一位牧民与一方水土相依数十年的故事。 这一切，要从一位名叫巴什拜的牧民说起。他历时多年，将本地土羊与耐寒的野生盘羊杂交，培育出一 种能刨雪觅食，羔羊出生几分钟便可站立的优良羊种——这就是后来被称为"巴什拜羊"的品种。 巴什拜羊逐渐成为这片土地的象征，却也在岁月流转中一度沉寂：品种退化、特色渐失。直到20世纪90 年代，裕民县邀请专家重启提纯复壮工作，通过科学选育恢复品种优良性状，才让这一珍贵品种重焕生 机。 经过持续选育，野生盘羊体形大、生长快、脂肪少的优势，在巴什拜羊身上进一步凸显。相比一般羊需 要7到8个月出栏，巴什拜羊仅需4个半月；世界各国羔羊平均胴体重约为15公斤，而巴什拜羊可达19公 斤；普通羊的骨肉比约为1∶3，巴什拜羊则提升至1∶4。 近 ...

Group 1 - The company Yisheng Co., Ltd. (002458) closed at 9.7 yuan on February 6, 2026, with an increase of 0.83% and a turnover rate of 2.22%, totaling a trading volume of 166,400 shares and a transaction amount of 163 million yuan [1] - The company expects to sell approximately 150,000 breeding pigs in 2026, showing significant growth compared to 2025. The breeding pigs include both original and hybrid breeds, with original breeds having a higher profit margin [2] - The company’s breeding pigs are high-quality, high-health dual-negative pigs, which have a clear premium capability in the market. As production capacity continues to be released and management becomes more refined, there is still room for cost reduction, further enhancing overall cost competitiveness [2] Group 2 - On February 6, 2026, the net inflow of main funds was 5.3392 million yuan, indicating an active buying trend [3] - The trading information shows that on the same day, retail investors experienced a net outflow of 2.7144 million yuan, while speculative funds had a net outflow of 2.6248 million yuan [4]

证券日报网2月8日讯，益生股份（002458）在接受调研者提问时表示，公司当前新建产能为位于山西省 的100万套父母代白羽肉鸡养殖场及配套饲料厂项目，总投资金额约5亿元人民币，该项目将根据用地到 位情况分期实施，其中3个种鸡场项目使用募集资金建设，其余部分使用自有资金或自筹资金解决，公 司短期资本开支不大。 ...

证券日报网2月8日讯，益生股份（002458）在接受调研者提问时表示，2025年公司引进祖代白羽肉种鸡 26.6万套，全国祖代白羽肉种鸡引种量约62万套，公司引种占比43%。 ...

Core Viewpoint - The 2026 Central Document emphasizes the importance of enhancing agricultural comprehensive production capacity and quality efficiency as a critical task for achieving agricultural modernization by 2035 [8] Group 1: Agricultural Production Goals - The document sets a target for grain production to stabilize around 1.4 trillion jin in 2026, following projected outputs of 1.41 trillion jin in 2024 and 1.49 trillion jin in 2025, aligning with national food security needs [2] - It emphasizes the integration of good farmland, good seeds, good machinery, and good practices to enhance grain yield through comprehensive measures [2] - The document highlights the need for optimizing agricultural production structure and regional layout based on geographical differences across the country [2] Group 2: "Vegetable Basket" Industry Focus - The document elevates the status of the "vegetable basket" industry to the second task after grain production, reflecting the central government's focus on increasing farmers' income and transforming urban and rural consumption structures [3] - It introduces measures to support the development of silage corn and alfalfa to promote the transformation of grassland animal husbandry [3] - The document expands support for vegetable production to include all regions, aiming for stable development without geographical restrictions [3] Group 3: Land Optimization and Quality - The document stresses the importance of optimizing agricultural land layout and improving land quality, including strict adherence to arable land protection and addressing issues related to abandoned and saline-alkali land [4] - It introduces the concept of coordinated optimization of agricultural land layout to enhance comprehensive production capacity [4] - The document emphasizes the need for high-standard farmland construction, focusing on soil productivity and the establishment of a management mechanism for permanent basic farmland [4] Group 4: Agricultural Technology Innovation - The document highlights the need to enhance the effectiveness of agricultural technology innovation, addressing low conversion rates of agricultural research results [5] - It calls for the development of suitable agricultural machinery and equipment to address shortages in hilly and mountainous areas [5] - The document emphasizes the reform of agricultural research institutions and the promotion of agricultural technology dissemination at the grassroots level [5] Group 5: Agricultural Trade and Coordination - The document outlines new tasks for agricultural trade, emphasizing the diversification of agricultural imports and the cultivation of internationally competitive agricultural enterprises [6] - It supports the expansion of exports of advantageous and characteristic agricultural products, contributing to the balance of agricultural trade [6] - The document encourages participation in international agricultural governance to improve the global agricultural trade environment [6] Group 6: Policy Support and Mechanism Innovation - The document outlines policy support for enhancing farmers' income through market-oriented purchasing and policy-based storage to maintain reasonable prices for important agricultural products [7] - It emphasizes the need for a comprehensive approach to developing technology-driven, green, quality, and brand agriculture to improve production quality and efficiency [7] - The document introduces a pilot program for extending land contracts for another 30 years, aiming to enhance the operational capacity of family farms and the quality of farmers' cooperatives [7]

据韩国中央灾难安全对策本部通报，新确认发生疫情的养猪场位于首尔以北，饲养约8800头猪。为防疫情扩散，防疫部门已派遣应急防疫组和流 行病学调查组进驻该养猪场，实施出入管控、消毒作业和流行病学调查，并计划采取扑杀措施。由于该养猪场已处于重点防疫管控区域，中央灾 难安全对策本部暂不打算对周边所有养猪场及相关设施发布"禁运令"。 1月17日，位于韩国东部的江原道江陵市报告该国今年首起非洲猪瘟疫情。此后，京畿道安城市和抱川市等地相继出现疫情。 韩国农村经济研究院农业观测中心说，受非洲猪瘟疫情等因素影响，近期韩国猪肉价格有所上涨。数据显示，截至1月28日，猪五花肉零售平均 价格为每100克2691韩元（约合12.8元人民币），较去年同期上涨6%。 新华社北京2月8日电 韩国媒体7日报道，京畿道抱川市一家养猪场当天确认出现非洲猪瘟病例。这是今年该国报告的第8起非洲猪瘟疫情。相关 政府部门决定在全国加强防疫措施，防止疫情扩散。 非洲猪瘟是非洲猪瘟病毒感染猪引起的一种急性、出血性、烈性传染病，以高热、内脏器官严重出血和高死亡率为特征。非洲猪瘟不是人畜共患 病，不会感染人类，但被病毒污染的物品可助长病毒传播。目前尚无疫苗或有效 ...