德康农牧(02419)发布公告，该公司于2025年11月21日斥资621.24万港元回购8.57万股股份，每股回购价 格为71.5-73.3港元。 ...

智通财经APP讯，德康农牧(02419)发布公告，该公司于2025年11月21日斥资621.24万港元回购8.57万股 股份，每股回购价格为71.5-73.3港元。 ...

Core Insights - In October, China's total electricity consumption reached 857.2 billion kilowatt-hours, marking a year-on-year growth of 10.4%, the first monthly increase exceeding 10% this year [1][5] Industry Breakdown - **Primary Industry**: Electricity consumption was 12 billion kilowatt-hours, with a year-on-year increase of 13.2%. The growth is attributed to the rising electrification in agriculture, including modern facilities and equipment [5][6] - **Secondary Industry**: This sector accounted for over 60% of total electricity consumption. The high-tech and equipment manufacturing industries saw an electricity consumption growth rate of 11.0%, with specific sectors like electrical machinery and automotive manufacturing achieving 19.8% and 17.6% growth, respectively [8][10] - **Tertiary Industry**: This sector experienced the fastest growth in electricity consumption. The internet data service industry, related to big data and AI, saw a remarkable increase of 46%. The accommodation and catering industry also grew by 18.4%, driven by the National Day and Mid-Autumn Festival holidays [12] Residential Consumption - Residential electricity consumption reached 115.5 billion kilowatt-hours, with a year-on-year increase of 23.9%. The growth was significantly influenced by temperature variations, particularly in regions experiencing high temperatures during October [5][14]

活体牲畜抵押贷款是一种农业金融创新，通过将牛、羊、猪等活体牲畜作为抵押物，向银行或金融机构申请资金支持。和传统土地抵押不同，这种融资方式 更贴近农村实际，特别适用于缺乏固定资产的中小型养殖户。 随着政策对"新型农业主体"的倾斜，活体抵押逐渐成为推动畜牧业发展的有效工具，让养殖户能够在生产周期中更灵活地周转资金、扩大规模。 只要养殖稳定、有一定规模，大多数金融机构都愿意提供此类贷款。 本文将深度解析 活体牲畜抵押贷款详解：牛、羊、猪等融资常见问题解答，帮助养殖户全面了解贷款流程、评估方式、优势、政策支持与常见疑问。 为了确保牲畜真实存在、价值可控，贷款一般按以下流程进行： 监管方式包括： 慧农活体生物资产抵押贷款监管 解决方案 华牧慧农智能电子耳标 申请活体牲畜抵押贷款通常需要满足以下要求： 农业贷款虽然受政策支持，但仍属于金融产品，银行必须确保还款能力。因此： 这些都能明显提高成功率。 1、基本条件 合规养殖场地 一定存栏数量（如 20 头牛 / 100 只羊 / 30 头猪） 良好的信用记录 基本销售记录与经营证明 2、为什么信用很重要？ 华牧 1、适合的牲畜品种 肉牛 / 奶牛：价值高、稳定性强 肉羊 / ...

Core Viewpoint - The egg prices are expected to remain low in the short term, with a potential for a slight rebound starting in July 2026, influenced by the ongoing culling of laying hens and seasonal demand fluctuations [5]. Group 1: Current Market Conditions - As of November 13, 2025, the average price of eggs in major production areas is 3.08 yuan per jin, while the feed cost per jin is 3.00 yuan, leading to a negative profit margin for producers [1]. - The average profit per jin of eggs has decreased to -0.20 yuan in November, down from -0.12 yuan earlier in the second half of the year, indicating worsening financial conditions for producers [1]. Group 2: Future Supply and Demand Dynamics - The ongoing increase in the culling of laying hens is expected to lead to a gradual decline in the number of laying hens, with projections indicating a significant drop to approximately 1.21 billion hens by December 2026 [3]. - A tightening supply, coupled with stable consumer demand, is anticipated to fundamentally alter the market dynamics, potentially alleviating the current weak price conditions for eggs and laying hens [3]. Group 3: Price Outlook - The market is expected to transition from a phase of prolonged low prices to a phase of slight price recovery, with the turning point for egg prices likely occurring around July 2026 [5]. - The timing and extent of the price rebound will depend on the concentration and duration of the culling process; a rapid and concentrated culling could lead to a quicker and more substantial price recovery, while a slow and dispersed culling would result in a prolonged recovery period [5].

Core Viewpoint - Modern Farming (01117) has been recognized as a "2025 Excellent Practice Case for Sustainable Development of Listed Companies" by the China Listed Companies Association for its achievements in digital innovation in smart farming and deep governance of process waste gas [1][3] Group 1: Social Dimension - The company has made key breakthroughs in gene breeding and digital farming, developing the "Modern No. 1" genomic chip to shift dairy cattle breeding from "import dependence" to "self-control" [3] - Modern Farming has established smart platforms like "Cloud Cattle" and "AI Cattle Doctor," equipping 60,000 dairy cows with smart collars for health monitoring and precise feeding, showcasing the company's commitment to technology-driven innovation and responsibility [3] Group 2: Environmental Dimension - The company has been recognized for its pollution prevention and ecosystem protection efforts, creating a green circular industry chain that utilizes 100% of manure resources [3] - In 2024, the biogas power generation is expected to exceed 107 million kilowatt-hours, with over 8 million tons of organic fertilizer promoted, demonstrating significant carbon reduction effects [3] - Modern Farming actively conducts biodiversity assessments and ecological restoration, implementing biogas fertilizer return and saline-alkali land improvement in regions like Inner Mongolia and Tokto, achieving both ecological benefits and agricultural income [3] Group 3: Future Outlook - The company will continue to adhere to the development philosophy of "Technology for Good, New Agriculture," implementing the national "dual carbon" strategy and deepening green low-carbon farming models [3] - It aims to enhance manure resource utilization and ecological protection technologies, driving the entire industry chain towards a new stage of efficient, green, and sustainable high-quality development [3]

Core Viewpoint - Modern Dairy has been recognized as a "2025 Excellent Practice Case for Sustainable Development of Listed Companies" by the China Listed Companies Association for its achievements in digital innovation in smart farming and deep governance of process waste gas [1] Group 1: Social Dimension - The company has made key breakthroughs in gene breeding and digital farming, developing the "Modern No. 1" genomic chip to shift from reliance on imports to self-sufficiency in dairy cattle breeding [3] - Modern Dairy has established smart platforms such as "Cloud Cattle" and "AI Cattle Doctor," equipping 60,000 dairy cows with smart collars for health monitoring and precise feeding, showcasing the empowerment of technology in the industry [3] Group 2: Environmental Dimension - The company has been recognized for its pollution prevention and ecosystem protection efforts, creating a green circular industry chain that utilizes 100% of manure resources [3] - In 2024, the biogas power generation is expected to exceed 107 million kilowatt-hours, with over 8 million tons of organic fertilizer promoted, demonstrating significant carbon reduction effects [3] - Modern Dairy actively conducts biodiversity assessments and ecological restoration, implementing biogas fertilizer return and saline-alkali land improvement in regions like Inner Mongolia and Tuo Ke Tuo, achieving both ecological benefits and agricultural income [3] Group 3: Future Outlook - The company will continue to adhere to the development philosophy of "Technology for Good, New Agriculture," implementing the national "dual carbon" strategy and deepening green low-carbon farming models [3] - Modern Dairy aims to enhance manure resource utilization and ecological protection technologies, driving the entire industry chain towards a new stage of efficient, green, and sustainable high-quality development [3]

农产品日报 | 2025-11-21 集团出栏增量，猪价偏弱震荡 生猪观点 市场要闻与重要数据 期货方面，昨日收盘生猪 2601合约11440元/吨，较前交易日变动-120.00元/吨，幅度-1.04%。现货方面，河南地区 外三元生猪价格11.66元/公斤，较前交易日变动-0.05元/公斤，现货基差 LH01+220，较前交易日变动+70；江苏地 区外三元生猪价格 11.88元/公斤，较前交易日变动+0.11元/公斤，现货基差LH01+440，较前交易日变动+230；四 川地区外三元生猪价格11.35元/公斤，较前交易日变动+0.10元/公斤，现货基差LH01-90，较前交易日变动+220。 策略 谨慎偏空 风险 政策变化 鸡蛋观点 据农业农村部监测，11月20日"农产品批发价格200指数"为125.39，比昨天下降0.05个点，"菜篮子"产品批发价格指 数为127.49，比昨天下降0.06个点。全国农产品批发市场猪肉平均价格为17.94元/公斤，比昨天上升0.1%；牛肉66.66 元/公斤，比昨天下降0.1%；羊肉62.25元/公斤，比昨天下降0.2%；鸡蛋7.27元/公斤，比昨天下降0.5%；白条鸡17. ...

融资方面，牧原股份当日融资买入7070.12万元。当前融资余额50.21亿元，占流通市值的1.91%，融资 余额低于近一年30%分位水平，处于低位。 融券方面，牧原股份11月20日融券偿还4.01万股，融券卖出5000.00股，按当日收盘价计算，卖出金额 24.11万元；融券余量40.97万股，融券余额1975.64万元，超过近一年90%分位水平，处于高位。 资料显示，牧原食品股份有限公司位于河南省南阳市卧龙区龙升工业园区,香港铜锣湾希慎道33号利园1 期19楼1920室，成立日期2000年7月13日，上市日期2014年1月28日，公司主营业务涉及生猪的养殖销 售、生猪屠宰。主营业务收入构成为：生猪98.68%，屠宰、肉食产品25.30%，饲料原料1.63%，其他 0.49%。 11月20日，牧原股份跌0.47%，成交额8.24亿元。两融数据显示，当日牧原股份获融资买入额7070.12万 元，融资偿还8365.94万元，融资净买入-1295.83万元。截至11月20日，牧原股份融资融券余额合计 50.41亿元。 机构持仓方面，截止2025年9月30日，牧原股份十大流通股东中，香港中央结算有限公司位居第三大流 ...

（来源：大佑农饲料） 最近，湖南省农业农村厅发布了新通知，从2025年12月1日起，外省生猪想进湖南，规矩更严了！不但 要"点对点"备案，还必须走指定路线，不然麻烦就大了。 一、新规要点：生猪进湖南，门槛提高了 简单来说，以后不是随便什么猪都能进湖南了。新规规定，只有外省的种猪、小猪，以及来自广东、广 西、福建、江西、海南这中南五省再加湖北、贵州、重庆的屠宰用生猪，才能通过"点对点"备案调进湖 南。 什么叫"点对点"？就是养猪场和接收方要提前登记备案，双方信息要对得上，不能随便找个地方就运过 去了。 更重要的是，所有运猪车必须通过指定的检查通道进入湖南，接受全面检查。湖南省已经优化了29个入 湘检查点，合规车辆可以"扫码快速通行"，但如果运输时间超过8小时，就会被强制抽检非洲猪瘟病 毒。 任何单位和个人都不能接收没有经过指定通道检查并盖章的生猪。这意味着，想绕道走？没门！ 来源：市场资讯 三、新规影响：谁受益？谁吃亏？ 新规实施后，影响是不均衡的。 影响较小的是中南区五省（广东、广西、福建、江西、海南）以及湖北、贵州、重庆，这些省份被明确 列入允许"点对点"调运的范围，意味着它们的合规生猪仍可相对顺畅地进入湖 ...