Core Viewpoint - The bamboo shoot industry in Yingde has transformed from a low-value raw material market to a high-value, standardized production system, significantly increasing its export and market presence, particularly in Southeast Asia and beyond [1][2][8]. Group 1: Industry Growth and Economic Impact - The export value of the company, Juyuan Zhibao, reached 15 million yuan from January to August this year, marking a 50% increase year-on-year [1]. - By 2025, the total planting area for bamboo shoots in Yingde is expected to reach 863,900 acres, with an annual fresh bamboo shoot output of 1.5353 million tons and an estimated industry output value of 10.965 billion yuan [2]. - The bamboo shoot industry has become a crucial support for rural revitalization, employing nearly 170,000 people in Yingde [2]. Group 2: Standardization and Quality Improvement - The local association has initiated the establishment of eight local group standards, including the "Planting Technical Regulations for Xiniu Bamboo Shoots," to enhance product quality and market competitiveness [3][5]. - The implementation of standardized planting has increased the yield per acre from over 1,000 pounds to 3,000 pounds, achieving a 200% increase [3][4]. Group 3: Processing and Value Addition - The deep processing of bamboo shoots has seen a significant rise, with the output value increasing from 800 million yuan to 2.576 billion yuan between 2022 and 2024, a growth of 222% [7]. - The value of processed bamboo shoots is now 6 to 10 times higher than that of fresh bamboo shoots, showcasing the importance of value addition in the industry [7]. Group 4: Market Expansion and Branding - The region's bamboo shoots have gained recognition as a geographical indication product, with 33 brands, including "Qiaokou" and "Juyuan Zhibao," contributing to a collaborative branding strategy [8]. - The e-commerce sales of bamboo shoot products have surpassed 60 million yuan in 2023, with exports accounting for 92% of total sales [8]. Group 5: Environmental and Innovative Applications - The bamboo industry is expanding into new economic models, such as biodegradable materials for food packaging, with products meeting EU standards and successfully entering international markets [9]. - The integration of agriculture, culture, and tourism is creating new value streams, with projected leisure tourism revenue from the bamboo shoot industry reaching 18.4 million yuan in 2024 [10]. Group 6: Direct Benefits to Farmers - The establishment of a standardized collection network and the implementation of a "quality for price" mechanism have ensured stable and direct benefits for farmers, enhancing their income and livelihood [11].

Core Viewpoint - Yanggu County is focusing on rural revitalization through the development of rural industries, aligning with the city's strategy of "one county, one policy; one town, one industry; one village, one product" to create a distinctive development path that suits the local context [1] Group 1: Strengthening Leading Industries - The county has cultivated 56 key agricultural enterprises at the municipal level, leading the city in quantity [3] - The meat chicken industry has an annual output of 150 million birds, with a total industry chain value exceeding 10 billion yuan, creating nearly 200,000 jobs and an average annual income of over 66,000 yuan per person [3] - The vegetable industry is undergoing upgrades with investments of 440 million yuan in deep processing projects, aiming for a revenue target of 18 billion yuan in the agricultural processing sector [3] Group 2: Refining Characteristic Industries - Local resources have been leveraged to develop unique projects such as a thousand-acre lotus pond and ten-thousand-acre sweet potato fields [4] - The introduction of automated production lines in Guozhuang Village has increased daily output from 900 kg to 7,500 kg, with annual output value surpassing 30 million yuan [4] - By 2025, the county's characteristic agricultural output is expected to reach 1 billion yuan, benefiting 15,000 households [4] Group 3: Innovative Operating Mechanisms - Yanggu County has implemented a model where village party organizations lead cooperatives to manage land, resulting in 100,300 acres of land being self-managed and generating an additional income of 42 million yuan for collectives [4] - The proportion of villages with collective income exceeding 500,000 yuan is projected to reach 32% by 2024 [4] Group 4: Strengthening Factor Guarantees - The county has promoted financial products like "Rudang Huinong Loan" to address funding bottlenecks, providing over 40 million yuan for land transfer financing [5] - Agricultural service centers have been established to offer comprehensive support to farmers, reducing planting costs by approximately 12% per acre [5] - Collaborations with agricultural research institutions aim to promote quality varieties and technologies, enhancing the skill set of farmers [5]

Report Industry Investment Rating The provided content does not mention the report industry investment rating. Core Viewpoints of the Report - For the overall market, although there is uncertainty at the end of the year, the policy support for the capital market remains unchanged. In the medium and long - term, the idea of buying on dips is the main strategy [4]. - Different commodities have different market trends and investment strategies. For example, precious metals are expected to show strong performance; some metals like copper and aluminum have certain price support but also face resistance; and some agricultural products like sugar are expected to be bearish in the long - term but with short - term uncertainties [7][11][86]. Summary by Category Macro - Financial Stock Index - **Market Information**: Li Qiang plans major projects; the Ministry of Commerce imposes temporary anti - subsidy measures on EU dairy products; spot gold hits $4400/oz, up nearly 68% this year; Goldman Sachs expects a bull market in Chinese stocks next year, with corporate earnings potentially growing 14% in 2026 and 12% in 2027, and the stock market may rise 38% by the end of 2027 [2]. - **Strategy Viewpoint**: At the end of the year, some funds cash in on profits, and the market faces uncertainty. But in the long - run, it is advisable to buy on dips [4]. Treasury Bonds - **Market Information**: On Monday, TL, T, TF, and TS main contracts had different declines; the 12 - month LPR remained unchanged; the central bank issued 40 billion yuan of 6 - month RMB central bank bills in Hong Kong; there was a net withdrawal of 6.36 billion yuan in liquidity on Monday [5]. - **Strategy Viewpoint**: The unchanged LPR is in line with expectations. The economy has stable production but weak service and demand. There is still an expectation of interest rate cuts. The bond market is expected to oscillate in the short - term, and attention should be paid to the supply - demand relationship repair and rebound [6]. Precious Metals - **Market Information**: Shanghai gold rose 1.60%, silver rose 2.30%; COMEX gold and silver had corresponding prices; the Fed's attitude towards interest rate cuts changed, and the Bank of Japan's policy statement affected the market [7]. - **Strategy Viewpoint**: The release of overseas central bank policy risks boosts market sentiment. Gold and silver prices are expected to be strong. It is recommended to hold long positions, with reference price ranges for Shanghai gold and silver [7]. Non - Ferrous Metals Copper - **Market Information**: The unchanged LPR and strong precious metals prices pushed copper prices up. LME inventory decreased, and domestic inventories and premiums had corresponding changes [9]. - **Strategy Viewpoint**: The Fed's loose policy and strong precious metals support copper prices. But there is resistance due to the higher - than - expected 2026 copper concentrate processing fee and weak November consumption. The price is expected to oscillate [11]. Aluminum - **Market Information**: Domestic aluminum inventories increased, and prices oscillated down. LME inventory was flat, and premiums had corresponding changes [12]. - **Strategy Viewpoint**: Overall inventory is relatively low, and there is support from overseas supply disruptions and the precious metals market. But there are pressures from tariff hikes and the off - season. The price is expected to oscillate and rise [13]. Zinc - **Market Information**: Shanghai zinc index rose, and LME zinc also had a price increase. There were corresponding changes in inventories, premiums, and other indicators [14]. - **Strategy Viewpoint**: The shortage of domestic zinc ore is expected to ease. The price is expected to be weak in the medium - term but may rise in the short - term due to macro - sentiment [14]. Lead - **Market Information**: Shanghai lead index rose, and LME lead also increased. There were changes in inventories, premiums, and other aspects [15]. - **Strategy Viewpoint**: Domestic lead supply is tightening, and the price is expected to be strong in a wide - range in the short - term [15]. Nickel - **Market Information**: Nickel prices rebounded sharply. Spot premiums and cost - end prices had corresponding changes [16]. - **Strategy Viewpoint**: The oversupply pressure is still large, but the bottom may have been reached. It is recommended to wait and see in the short - term [17]. Tin - **Market Information**: Shanghai tin main contract price declined. The smelting enterprises in Yunnan and Jiangxi had different production situations, and the demand was weak [18]. - **Strategy Viewpoint**: The demand is weak, and the supply is expected to improve. The price is expected to fluctuate with market sentiment. It is recommended to wait and see [19]. Carbonate Lithium - **Market Information**: The spot index and futures contract price of carbonate lithium increased [20]. - **Strategy Viewpoint**: The supply pressure is relieved, and the bullish trend is not over. It is recommended to wait and see or buy options lightly [21]. Alumina - **Market Information**: The alumina index declined, and there were changes in positions and premiums [22]. - **Strategy Viewpoint**: The ore price is expected to decline, and the over - capacity pattern of alumina is hard to change. It is recommended to wait and see in the short - term [23]. Stainless Steel - **Market Information**: The stainless steel main contract price rose, and there were changes in positions and spot prices [24]. - **Strategy Viewpoint**: The reduction of Indonesia's nickel ore production target affects the market. The actual spot trading is light. It is recommended to wait and see and pay attention to policy implementation [24]. Cast Aluminum Alloy - **Market Information**: The price of cast aluminum alloy fluctuated. There were changes in positions, trading volume, and prices [25]. - **Strategy Viewpoint**: The cost is firm, and there are supply disruptions. The price is expected to fluctuate within a range [26]. Black Building Materials Steel - **Market Information**: The prices of rebar and hot - rolled coil increased. There were changes in positions, spot prices, and inventories [28]. - **Strategy Viewpoint**: The steel market oscillates. The terminal demand is weak, and the steel price is expected to oscillate at the bottom. The winter storage willingness is not strong [29]. Iron Ore - **Market Information**: The iron ore main contract price rose. There were changes in positions and spot prices [30]. - **Strategy Viewpoint**: The overseas iron ore shipment decreased, and the demand for iron water declined. The port inventory increased, and the steel mill inventory was at a low level. The price is expected to oscillate [31]. Glass and Soda Ash - **Market Information**: The glass main contract price declined, and the inventory increased. The soda ash main contract price also declined, and the inventory increased [32][34]. - **Strategy Viewpoint**: The glass demand is weak, and the market is expected to oscillate narrowly. The soda ash demand is weak, and it is advisable to short - sell [33][34]. Manganese Silicon and Ferrosilicon - **Market Information**: The prices of manganese silicon and ferrosilicon increased. There were changes in spot prices and premiums [35]. - **Strategy Viewpoint**: The market macro - sentiment is stable. The future market is affected by the black market trend, cost, and supply. Attention should be paid to manganese ore and "dual - carbon" policies [39]. Industrial Silicon and Polysilicon - **Market Information**: The industrial silicon main contract price declined. The polysilicon main contract price also declined. There were changes in positions, spot prices, and inventories [40][42]. - **Strategy Viewpoint**: The industrial silicon supply may decrease, and the demand is weak. The polysilicon production is expected to decline, and the demand is weak. The prices are expected to fluctuate [41][43]. Energy and Chemicals Rubber - **Market Information**: The rubber price oscillated. There are different views on the market from bulls and bears. The tire enterprise operating rates and inventories had corresponding changes [45][46][47]. - **Strategy Viewpoint**: It is recommended to operate short - term and hedge partially [50]. Crude Oil - **Market Information**: The INE main crude oil futures and related refined oil futures prices increased. The European ARA refined oil inventories had different changes [51]. - **Strategy Viewpoint**: It is not advisable to be overly bearish on oil prices in the short - term. It is recommended to wait and see [52]. Methanol - **Market Information**: The regional spot and main futures prices of methanol had corresponding changes [53]. - **Strategy Viewpoint**: After the bullish factors are realized, the market will consolidate. The port pressure remains, and it is recommended to wait and see [54]. Urea - **Market Information**: The regional spot and main futures prices of urea had corresponding changes [55]. - **Strategy Viewpoint**: The demand has improved, and the supply is expected to decline seasonally. It is recommended to buy on dips [56]. Pure Benzene and Styrene - **Market Information**: The prices of pure benzene and styrene increased. There were changes in premiums, inventories, and operating rates [57]. - **Strategy Viewpoint**: The non - integrated profit of styrene has room for repair. It is advisable to go long on the non - integrated profit before the first quarter of next year [58]. PVC - **Market Information**: The PVC05 contract price declined. There were changes in spot prices, costs, operating rates, and inventories [59]. - **Strategy Viewpoint**: The supply is strong, and the demand is weak. It is recommended to short - sell in the medium - term [61]. Ethylene Glycol - **Market Information**: The EG05 contract price declined. There were changes in supply, demand, inventories, and profits [62]. - **Strategy Viewpoint**: The supply is expected to improve, but the inventory is high. Attention should be paid to the risk of price rebound [63]. PTA - **Market Information**: The PTA05 contract price increased. There were changes in operating rates, inventories, and processing fees [64]. - **Strategy Viewpoint**: The supply has high maintenance, and the demand will decline. It is advisable to go long on dips [65]. p - Xylene - **Market Information**: The PX03 contract price increased. There were changes in operating rates, inventories, and valuations [66][67]. - **Strategy Viewpoint**: The PX inventory is expected to increase slightly in December. It is advisable to go long on dips [68]. Polyethylene (PE) - **Market Information**: The PE main contract price declined. There were changes in spot prices, operating rates, and inventories [69]. - **Strategy Viewpoint**: The PE valuation has limited downward space. It is advisable to go long on the LL5 - 9 spread [70]. Polypropylene (PP) - **Market Information**: The PP main contract price declined. There were changes in spot prices, operating rates, and inventories [71]. - **Strategy Viewpoint**: The supply pressure is large, and the demand is seasonally weak. The inventory pressure is high. The market may be supported in the first quarter of next year [72]. Agricultural Products Hogs - **Market Information**: The domestic hog prices fluctuated. The demand after the Winter Solstice decreased but still supported the price [74]. - **Strategy Viewpoint**: The demand has decreased marginally, but the supply is large. It is recommended to short - sell on rebounds in the short - term and pay attention to the long - term support [75]. Eggs - **Market Information**: The national egg prices were mostly stable. The supply was normal, and the market trading was tepid [76]. - **Strategy Viewpoint**: The spot price is expected to squeeze the premium. It is recommended to short - sell on rebounds in the short - term and pay attention to the long - term pressure [77]. Soybean and Rapeseed Meal - **Market Information**: The CBOT soybean price increased. The domestic soybean meal price increased, and there were changes in inventories and压榨量 [78]. - **Strategy Viewpoint**: The import cost has a bottom, and the soybean meal is expected to oscillate [80]. Oils - **Market Information**: The Malaysian palm oil production and export data had different changes. The domestic oil prices rebounded [81]. - **Strategy Viewpoint**: The palm oil supply is large in the short - term but may reverse in the first quarter of next year. It is recommended to operate based on high - frequency data [82]. Sugar - **Market Information**: The Zhengzhou sugar futures price rebounded. The spot prices of different regions had corresponding changes. The import and production data of different countries had different changes [83][84][85]. - **Strategy Viewpoint**: The global sugar supply is expected to be in surplus. It is advisable to be bearish in the long - term but wait and see in the short - term [86]. Cotton - **Market Information**: The Zhengzhou cotton futures price increased. The spot price increased, and there were changes in import, inventory, and operating rate data [87][88]. - **Strategy Viewpoint**: The demand is not bad after the peak season. The price is unlikely to have a unilateral trend [89].

党的二十届四中全会和湖北省委十二届十一次全会分别审议通过的国家及省级"十五五"规划建议，对加 快农业农村现代化、推进乡村全面振兴作出全面部署，为加快建设农业强国、农业强省指明了方向。 培育农业新质生产力，打造农业科技创新引领区。坚持科研创新与产业创新深度融合，强化企业科技创 新主体地位，加快农业重点领域科技攻关，到2030年农业科技进步贡献率达到72%。深入实施种业振兴 行动，培育一批种业领军企业，做强生猪、淡水鱼、油菜等优势种业，农业核心种源自给率达到88%。 推进农机装备迭代升级，加强高端智能、丘陵山区农机装备研发推广，农作物耕种收综合机械化率达到 82%。 夯实粮食安全根基，打造国家优质农产品生产区。坚持产量产能、生产生态、增产增收一起抓，稳面 积、提单产、优结构，到2030年粮食总产量达到570亿斤以上，为保障国家粮食安全多作贡献。严把质 量关口，建成高标准农田5300万亩以上，全面提升耕地质量。 构建现代产业体系，打造农业产业化发展先导区。坚持需求牵引和市场导向，强龙头、补链条、兴业 态、树品牌，到2030年农产品加工业总产值超过1.5万亿元，把农业建成现代化大产业。紧盯水产、畜 禽、菜果茶等重点领 ...

临近年底，新沂市草桥镇的现代农业(毛豆)产业示范园里仍是一派热火朝天的景象。工人们从冷库中取 出秋天处理过的毛豆仁，按订单分拣，装入不同规格的纸箱密封，再整齐码入货架。"这些毛豆仁，都 附有完整的原料产地和种植基地报告，将通过本地下游企业出口至比利时等欧洲国家。"该产业园负责 人巩绪传介绍。 草桥、窑湾一带种植毛豆历史悠久，带动周边乡镇形成超5万亩种植区，是华东地区最大的鲜食毛豆集 散中心。今年7月，这座农产品深加工产业园投入试运营，日最大加工处理能力约400吨，预计毛豆及蔬 菜的年生产能力可达2万吨。正式运营后，产品出口比例将提升至总产量的50%，年营业额有望突破亿 元。 从本地餐桌走向国际市场，巩绪传见证了家乡的毛豆发展史。早些年，和他一样的本土经纪人将周边约 300公里分散种植的毛豆统一收购、集中处理，逐渐催生出60多家毛豆加工家庭作坊，生产毛豆荚和毛 豆仁，形成了产业链雏形。 □ 本报记者岳旭 "我们实现了毛豆的多品类运营：鲜食毛豆简单冲洗后，主要供应国内一线城市超市，品质稍次的豆荚 供应烧烤摊等餐饮场景，外观不佳但果仁完好的则加工成速冻毛豆仁。"薛力衔说，产业园每年可吸纳 本地及湖北、河北、安徽、河 ...

Group 1 - The core viewpoint emphasizes the importance of developing characteristic industries as a foundation for rural revitalization, with a focus on technology application and the integration of agriculture, culture, and tourism to enhance the industrial chain and increase added value [1] - Henan Xuankang Agricultural Technology Co., Ltd. is the first standardized sweet potato starch production base in Henan Province, with an annual production capacity of 30,000 tons of sweet potato starch and 15,000 tons of vermicelli, distributing products to major cities like Beijing and Shanghai [1] - The food processing industrial park in Fencheng Town integrates deep processing of agricultural products such as starch, vermicelli, konjac products, and dairy products, leveraging local agricultural resource advantages to establish a complete industrial chain for tubers, dairy products, and ecological breeding [1] Group 2 - The Agriculture and Rural Affairs Bureau of Xiangcheng County is focusing on developing characteristic agriculture as a key strategy for implementing rural revitalization, concentrating on four major industries: tobacco leaves, sweet potatoes, soybeans, and chili peppers [2] - The county aims to create "one park and three bases," which includes a modern tobacco agricultural industry technology park, a high-end sweet potato seedling breeding base, a soybean variety breeding base, and a chili product trading base to strengthen characteristic agriculture [2] - Future plans include providing "one-stop" services for enterprises to alleviate their concerns and support high-quality economic and social development in the town [2]

2025年进入"倒计时"。站在"十四五"收官、"十五五"开局这一重要时间节点，2025年河南经济"答卷"备 受关注。 2025年的河南经济发展有何亮点？面临哪些机遇与挑战？下一步发展的新动能蕴含在何处？回望2025 年，我们走得颇为不易，但却步步生花，可以说，河南经济交出了一份"韧性答卷"。 一 如今，郑州机场货运量突破100万吨历史大关。窥一斑而知全豹，今年以来，河南高速公路总里程突破1 万公里，加快构建便捷出海水运通道，努力打造全国统一大市场循环枢纽、国内国际市场双循环支点， 在融入服务全国统一大市场上不断走深走实、见行见效。 二 河南经济发展的底气何在？这源于经济大省的使命担当、近亿人口的内生动力、产业体系的扎实底座。 经济大省的责任担当。作为全国第六、中部第一经济体，河南的体量决定了它不能只算自己的账，更要 为全国发展大局扛稳责任。2022年7月，中央政治局会议首次提出"经济大省要勇挑大梁"。此后，中央 经济工作会议连续3年强化"经济大省挑大梁"这一时代命题。经济大省挑大梁，既是使命任务，也是战 略机遇。河南在"十五五"规划建议中明确，未来5年，经济大省挑大梁作用要更加彰显。 近1亿人口的内需潜力。截 ...

Core Viewpoint - The "Mountain and Sea Civilization Market" event in Guangzhou aims to promote cultural and consumer integration, showcasing local agricultural and cultural products from Huizhou, particularly focusing on the unique flavors and heritage of the region [2][4]. Group 1: Event Overview - The "Civilization Market" series of activities will take place from December 19 to 28 in the Beijing Road business district of Guangzhou, innovatively expanding the "culture + consumption" space [2]. - The Huizhou exhibition booth features the theme "Mountain and Sea Flavors, Encountering Intangible Cultural Heritage," highlighting local high-quality agricultural products [3]. Group 2: Product Highlights - Huizhou is known as the "Hometown of Lychee," with over 170,000 acres of lychee orchards producing more than 50 varieties, renowned for their vibrant color, fragrance, and sweetness [8]. - The booth showcases traditional intangible cultural heritage products, including nearly 40 items from the century-old brand "Ge Shan Long Ji," such as Jinghai Douji, mung bean cakes, and belly button cakes [10]. - The intangible cultural heritage souvenir "Historical Record Candy" has received multiple honors, including "Top Ten Tourism Souvenirs of Jieyang City" and "Top Ten Network Hot-Selling Agricultural Products of Jieyang City" [11][12]. Group 3: Culinary Innovations - Local enterprises are integrating traditional brewing techniques with unique ingredients like oil mandarin, lychee, and olive to create new vinegar drinks and condiments, revitalizing traditional ingredients for consumers [16][17]. Group 4: Tourism Promotion - The exhibition also promotes a two-day boutique tour route in Huizhou, connecting key cultural heritage sites and scenic spots, including Haijiao Ganquan and Aojiao Fort, while offering local delicacies like fish balls and braised lamb [19][20][21].

2026 年度中国期货市场投资报告 穿越生柴、气候、贸易三重扰动，聚焦结构性机遇 油脂油料 内容提要： 风险点：中美、中加贸易关系，生柴政策，天气风险 王 晨 农产品分析师 从业资格证：F3039376 投资咨询证：Z0014902 TEL：0516-83831160 E-MAIL： wangchen@neweraqh.com.cn 油粕：天气、政策、经贸关 系共振：三大油脂的分化与 机遇 2025-9-24 投资有风险 理财请匹配 1 ◆ 豆系方面，2025/26 年度全球大豆供需维持宽松格局，本年度全球大豆总产量 4.22 亿吨，库存消费比维持在 20%以上。分国别来看，美国大豆种植面积下滑，供应端 面临结构性收缩；巴西大豆供应充足，产量或再创新高，2025/26 年度巴西大豆产 量或将创历史最高记录，达到 1.75 亿吨，较上一年度增加 450 万吨，增幅 2.6%； 阿根廷大豆供应面临拉尼娜天气影响，对单产构成下行风险。由于贸易关系的不 确定性，预计 2025/26 年度美国大豆价格高度依赖于中国的采购情况。 ◆ 菜系方面，2025/26 年度全球菜籽产量同比增加，总产量达 9227.3 万吨，较上一 ...

研究所 农产品研发报告 花生日报 2025 年 12 月 22 日 | 第一部分 | | | | | 数据 | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 花生数据日报 | | | | | | | | 2025/12/22 | | 期货盘面 | | | | | | | | | | 期货 | | 收盘价 | 涨跌 | 涨跌幅 | 成交量 | 增减幅 | 持仓量 | 增减幅 | | PK604 | | 7924 | -10 | -0.13% | 49,247 | -18.95% | 28,671 | 0.75% | | PK510 | | 8160 | -30 | -0.37% | 167 | 227.45% | 1,044 | 8.30% | | PK601 | | 8056 | 26 | 0.32% | 3,284 | 17.41% | 18,611 | -9.88% | | 现货与基差 | | | | | | | | | | 现货 | | 河南南阳 | 山东济宁 | 山东临沂 | 日照花生粕 | 日照豆粕 | 花生油 | 日 ...