Core Viewpoint - Zhanjiang is experiencing a significant agricultural harvest, with a total agricultural output value of 52.946 billion yuan in the first half of the year, reflecting a year-on-year growth of 4.4% [6][7]. Group 1: Agricultural Production - The city has a strong agricultural foundation, being the largest grain-producing city in Guangdong, with a grain planting area of 4.2644 million mu and a total output of 1.5958 million tons, accounting for 12.15% of the province's total output [20][21]. - The tropical crop industry is particularly competitive, with a fruit planting area of 1.7844 million mu and a total output of 3.4556 million tons, where pineapple production accounts for nearly 90% of the province's total [22]. - The vegetable planting area is 2.5549 million mu, with a total output of 4.8537 million tons, ranking first in the province [23]. Group 2: Livestock and Aquaculture - The livestock industry has a total output value of 17.079 billion yuan, with cattle and sheep output ranking first in the province [26]. - Zhanjiang is recognized as the "Capital of Chinese Prawns," leading the nation in seven indicators related to shrimp seedling production, breeding area, and processing scale [27]. Group 3: Value Addition and Branding - The city has established 26 modern agricultural industrial parks, with 4 at the national level and 22 at the provincial level, leading the province in quantity [42]. - The agricultural product processing industry is projected to reach an output value of 66.722 billion yuan in 2024, forming four industrial clusters with over 10 billion yuan in value [43]. - The "Zhanpin" brand has recognized 176 products, with online retail sales of agricultural products reaching 1.6 billion yuan, a year-on-year increase of 39.8% [49][50]. Group 4: Rural Development and Innovation - The city has accelerated rural operations, establishing 41 strong town and rich village companies, and 222 benchmark family farms, ranking second in the province [60][61]. - The total income of rural collective economies is projected to reach 1.167 billion yuan in 2024, reflecting a year-on-year growth of 5.9% [62]. - Zhanjiang is transforming traditional agriculture into modern agriculture, with multiple billion-yuan agricultural industrial clusters being cultivated [68].

八月骄阳似火，但是在被誉为"小洱海"的竹镇大泉湖却是别样的场景，湖水清澈可见、碧波荡漾，周围 绿树成荫、植被茂盛，宛如一颗璀璨的明珠，镶嵌在革命老区的绿水青山之间。 近年来，南京市六合区竹镇镇紧紧围绕乡村振兴和"两山"理念实践，以"革命老区红"与"生态发展绿"为 核心，系统构建"红色＋农旅"融合发展新格局，以竹镇市抗日民主政府旧址、新四军第一派出所旧址等 红色地标为引领，联动周边产业，持续为强村富民注入新动能，探索出一条高质量发展新路径。 红色赋能，小萝卜"蹚"出强村富民新路径 走进竹墩社区，竹镇市抗日民主政府纪念馆、新四军第一派出所旧址、邓子恢故居等红色遗址星罗棋 布，无声诉说着烽火岁月的峥嵘往事。作为2023年被中组部、财政部确定为"全国红色美丽村庄试点 村"，竹镇镇近期完成了竹镇市抗日民主政府纪念馆旧馆展陈出新，对周边环境进行整治提升，复原抗 战时期的利华商店并改造为农产品展示展销中心和电商直播中心，在市府街沿线营造出浓厚的红色文化 氛围。"从竹镇市抗日民主政府旧址出发，串联起多处红色资源，进一步丰富参观流程，让市民参观的 内容更加丰富，铭记历史、缅怀先烈、传承精神，更加珍惜来之不易的和平与幸福。"讲解 ...

Report Summary 1. Report Industry Investment Rating No information provided in the document. 2. Core Viewpoints of the Report - For corn, maintain a bearish outlook. The USDA's supply - demand report shows an increase in the estimated planting and harvest areas of US corn in the 2025/26 season, a decrease in the estimated yield per acre, and an overall increase in production, which is higher than analysts' average expectations. In the domestic market, although low trade - grain inventories support prices, factors such as imported corn auctions, wheat for feed, approaching new - corn harvest seasons in North and Northeast China, and weak downstream demand lead to a decline in purchase prices. However, the slightly higher opening prices of new - season corn in some areas support market sentiment. [8][9][10] - For corn starch, also maintain a bearish outlook. The raw - material corn is in a new - old alternation period. Some enterprises have new maintenance due to insufficient raw - material supply, and the industry's operating rate is low. Although demand has slightly improved and inventory pressure has declined, the overall inventory is still high, and the substitution advantages of cassava starch and wheat starch squeeze the market demand for corn starch. [13][14] 3. Summary According to the Catalog 3.1 Weekly Highlights Summary - **Corn**: The closing price of the main 2511 contract was 2168 yuan/ton, a decrease of 29 yuan/ton from the previous week. The USDA's report shows an increase in US corn production. Domestically, new - corn harvest is approaching, and downstream demand is weak, but the slightly higher opening prices of new - season corn support sentiment. [10] - **Corn Starch**: The closing price of the main 2511 contract was 2463 yuan/ton, a decrease of 11 yuan/ton from the previous week. The raw - material supply is in an alternation period, the operating rate is low, demand has slightly improved, and inventory has decreased, but it is still high, and substitution products squeeze the market. [14] - **Strategy Suggestion**: Maintain a bearish outlook for both corn and corn starch. [9][13] 3.2 Futures and Spot Market Conditions - **Futures Price and Position Changes**: The 11 - month contract of corn futures closed lower with a total position of 811,835 lots, a decrease of 39,928 lots from the previous week. The 11 - month contract of corn starch futures also closed lower with a total position of 208,130 lots, a decrease of 9,924 lots from the previous week. [20] - **Top 20 Net Position Changes**: The top 20 net position of corn futures was - 4,758, and the net short position decreased compared to last week. The top 20 net position of starch futures was - 43,805, and the net short position also decreased. [26] - **Futures Warehouse Receipts**: The registered warehouse receipts of yellow corn were 30,658, and those of corn starch were 8,330. [32] - **Spot Price and Basis**: As of September 18, 2025, the average spot price of corn was 2360.59 yuan/ton, and the basis between the active 11 - month contract and the spot average price was + 192 yuan/ton. The spot price of corn starch in Jilin was 2800 yuan/ton and in Shandong was 2900 yuan/ton, with a stable - to - weak trend this week. The basis between the 11 - month contract and the Jilin Changchun spot was 337 yuan/ton. [37][42] - **Futures Inter - month Spread**: The 11 - 1 spread of corn was 10 yuan/ton, at a medium level in the same period. The 11 - 1 spread of starch was - 15 yuan/ton, also at a medium level in the same period. [48] - **Futures Spread between Starch and Corn**: The spread between the 11 - month contracts of starch and corn was 295 yuan/ton. In the 38th week of 2025, the spread between Shandong corn and corn starch was 456 yuan/ton, an increase of 40 yuan/ton from the previous week. [58] - **Substitute Spread**: As of September 18, 2025, the spot price of wheat was 2429.61 yuan/ton, and the spot price of corn was 2360.59 yuan/ton, with a wheat - corn spread of 69.02 yuan/ton. In the 38th week of 2025, the average spread between cassava starch and corn starch was 257 yuan/ton, an increase of 34 yuan/ton from the previous week. [63] 3.3 Industrial Chain Situation - Corn - **Supply - Side: Port Inventory**: As of September 12, 2025, the domestic trade corn inventory in Guangdong Port was 60.1 tons, a decrease of 5.50 tons from the previous week, and the foreign trade inventory was 0 tons, unchanged from the previous week. The corn inventory in the four northern ports was 72.9 tons, a decrease of 21.6 tons week - on - week, and the shipping volume was 32.1 tons, a decrease of 1.60 tons week - on - week. [52] - **Supply - Side: Monthly Import Volume**: In August 2025, China's ordinary corn import volume was 4.00 tons, a decrease of 39.00 tons (90.70%) from the same period last year and a decrease of 2.00 tons from the previous month. [71] - **Supply - Side: Feed Enterprise Inventory**: As of September 18, the average inventory of national feed enterprises was 26.16 days, a decrease of 0.75 days from the previous week, a week - on - week decrease of 2.79%, and a year - on - year decrease of 10.23%. [75] - **Demand - Side: Livestock Inventory**: As of the end of the second quarter of 2025, the pig inventory was 424.47 million, a year - on - year increase of 2.2%. As of the end of July, the breeding sow inventory was 40.42 million, a decrease of 10,000 from the previous month, accounting for 103.6% of the normal reserve of 39 million. [79] - **Demand - Side: Processing Profit**: As of September 18, 2025, the corn starch processing profit in Jilin was - 162 yuan/ton. The corn alcohol processing profit in Henan was - 155 yuan/ton, in Jilin was - 692 yuan/ton, and in Heilongjiang was - 284 yuan/ton. [88] 3.4 Industrial Chain Situation - Corn Starch - **Supply - Side: Enterprise Inventory**: As of September 17, 2025, the total corn inventory of 96 major corn processing enterprises in 12 regions was 2.34 million tons, a decrease of 5.91%. [92] - **Supply - Side: Starch Enterprise Operation and Inventory**: From September 11 - 17, 2025, the total national corn processing volume was 517,200 tons, an increase of 6,900 tons from the previous week; the national corn starch output was 249,100 tons, an increase of 5,200 tons from the previous week; the weekly operating rate was 48.15%, an increase of 1.01% from the previous week. As of September 17, the total starch inventory of national corn starch enterprises was 1.2 million tons, a decrease of 26,000 tons from the previous week, a weekly decrease of 2.12%, a monthly decrease of 8.95%, and a year - on - year increase of 37.46%. [96] 3.5 Option Market Analysis As of September 19, the implied volatility of the options corresponding to the main 2511 contract of corn was 10.21%, an increase of 1.13% from 9.08% the previous week. The implied volatility fluctuated and rebounded, at a slightly higher level than the 20 - day, 40 - day, and 60 - day historical volatilities. [99]

兴农评 | 一根玉 米上万元，爆火 之下需警惕_南 方+_南方plus 0:00 / 2:43 (兴农评，时长共2分43秒) 三农大小事，尽 在兴农评。 谁能想到，作为 寻常作物的玉 米，如今有的能 卖到几千甚至上 万元一根？这两 年"文玩玉米"火 了，不光年轻人 追着买，连农村 里种地的乡亲们 也跟着尝了 鲜。"文玩玉 米"的兴起既刷 新了大众对农产 品的认知，也为 乡村发展带来新 机遇，不过热潮 背后的门道与风 险仍需理性看 待。 "文玩玉米"走 红，源于契合消 费需求。当下年 轻人青睐这种颜 值独特、能彰显 个性的物件，而 盘玩过程中的解 压感，又让它成 为满足情绪需求 的载体。社交平 台上1.2亿的浏 览量、59万篇讨 论笔记，进一步 推动其成为风 潮。 对乡村而 言，"文玩玉 米"成了增收 的"新抓手"。传 统玉米种植效益 有限，而文玩玉 米每亩能带来2 但"文玩玉米"产 业并非"稳赚不 赔"，背后的门 槛与风险不容忽 视。种植端的挑 战尤为突 出，"文玩玉 米"看重品相而 非产量，一亩地 万-3万元收入， 是传统种植的3 倍。湖南宜章县 长村乡千家岸村 的实践颇具代表 性，村里开垦 200余亩试验 ...

Group 1 - The celebration of the 70th anniversary of the Xinjiang Uyghur Autonomous Region is marked by various activities and symbols reflecting the region's cultural and natural beauty [2] - The region showcases a blend of pastoral landscapes and urban development, with thriving local economies and entrepreneurial spirit among the youth [2] - The border ports, such as the Horgos Road Port, play a crucial role in facilitating trade and tourism, with a designed annual cargo throughput capacity of 3 million tons and 5 million person entries and exits [5][6] Group 2 - The core area for goji berry cultivation in Xinjiang has expanded to 4,600 acres, significantly increasing the local economic output and providing seasonal employment opportunities [8] - E-commerce initiatives, particularly through live streaming, are gaining traction, with projected sales of 170 million yuan in 2024, driven by a young demographic [10][11] - The agricultural sector is experiencing advancements, with solar pest control technologies being utilized to enhance cotton production [15] Group 3 - Cultural initiatives, such as the establishment of the "Silk Road" Xinjiang-Tacheng Literature Museum, aim to promote local literature and arts, featuring renowned authors and creative spaces [20]

1. Report Industry Investment Ratings - The investment rating for soybeans is neutral [3][5] - The investment rating for peanuts is neutral [3][5] 2. Core Views - The soybean market is at a critical juncture between new and old grains, with new beans in Northeast China expected to be listed on a large - scale next week. The overall growth of soybeans is good, and there are expectations of a bumper harvest. The price of early - maturing new beans is not yet representative, and attention should be paid to the progress of new grain listing. The soybean futures price has declined, and the spot basis has increased [1][2] - The peanut market has a slow release of high - quality new peanut supplies due to weather factors, while the supply of new peanuts with poor moisture and quality may increase. The demand for peanuts is lackluster, with weakened double - festival stocking effects, reluctance of traders to purchase in large quantities, and major oil mills not starting seasonal procurement. The peanut futures price is oscillating strongly, and the spot price has a slight increase [3][4] 3. Summary by Related Catalogs Soybean Market Analysis - **Futures**: The closing price of the soybean No. 1 2511 contract yesterday was 3895.00 yuan/ton, a decrease of 29.00 yuan/ton (-0.74%) from the previous day [1] - **Spot**: The basis of edible soybean spot is A11 + 325, an increase of 29 (+32.14%) from the previous day. The prices of national standard first - class soybeans in various regions of Heilongjiang remained stable compared to the previous day [1] - **Market Information**: High - oil soybeans in the Northeast soybean market are being listed in small quantities. Due to rainy weather, the purchase volume is small. Most enterprises plan to start purchasing after the large - scale listing at the end of the month. The overall growth of soybeans is good, with some areas having average growth, and there are expectations of a bumper harvest of new grains [1] Soybean Strategy - The strategy for soybeans is neutral [3] Peanut Market Analysis - **Futures**: The closing price of the peanut 2510 contract yesterday was 7822.00 yuan/ton, an increase of 26.00 yuan/ton (+0.33%) from the previous day [3] - **Spot**: The average spot price of peanuts is 8300.00 yuan/ton, a month - on - month increase of 10.00 yuan/ton (+0.12%), and the spot basis is PK10 + 378.00, a month - on - month decrease of 26.00 (-6.44%). The average price of general - quality peanuts in the national peanut market is 4.15 yuan/jin, a decrease of 0.03 yuan/jin [3] - **Market Information**: The release of high - quality new peanut supplies is slow due to weather. The double - festival stocking effect is weakened, traders are reluctant to purchase in large quantities, and major oil mills have not started seasonal procurement. The demand side lacks support, and the market is waiting for price clarity [3][4] Peanut Strategy - The strategy for peanuts is neutral [5] Peanut Risk - The risk for peanuts is the weakening of demand [5]

Group 1: Overnight Market Information - Canada's 2025 rapeseed production is expected to increase by 4.1% to 20 million tons due to a 6.2% increase in yield offsetting a 2.0% decline in harvest area [1] - In Saskatchewan, 2025 rapeseed production is expected to increase by 6.8% to 11.2 million tons with a 6.0% yield increase and a 0.8% area increase [1] - In Alberta, rapeseed production is expected to increase by 2.8% to 5.8 million tons due to a 6.1% yield increase despite a 3.1% area decline [1] - In Manitoba, rapeseed production is expected to decline by 2.2% to 2.9 million tons as a 9.6% area decline offsets an 8.2% yield increase [1] - Malaysia's palm oil exports from September 1 - 15, 2025, decreased by 24.7% to 404,688 tons compared to the same period last month [1] - US 2025/26 soybean export sales for the week ending September 11 are expected to increase by 40 - 150 million tons [1] Group 2: Spot Prices - Spot prices of soybean meal in Jiangsu, rapeseed meal in Guangdong, soybean oil in Jiangsu, palm oil in Guangzhou, and rapeseed oil in Jiangsu from September 11 - 17, 2025, are presented in a table [2] Group 3: Other Information - Information on protein meal basis, oil basis, and oil - seed futures price spreads is mentioned [3][6] - Information on main - producing country precipitation, imported soybean crushing profit, and oil import profit is mentioned [1]

Group 1: Goji Berry Industry - The goji berry has transitioned from a traditional health product to a trendy beverage ingredient, with various tea drinks featuring goji berries gaining popularity among consumers [2][3] - In Ningxia, the goji berry industry has extended its supply chain, with farmers now focusing on high-quality, eco-friendly cultivation to meet the demands of beverage companies, resulting in increased income for farmers [3] - The price for fresh goji berries has significantly increased, with 1 pound of fresh fruit fetching prices equivalent to 3 pounds of dried fruit, leading to a 30% increase in annual income for farmers who engage in standardized cultivation [3] Group 2: Kale Industry - Kale drinks have become a hot trend in Shandong, with various kale-based beverages experiencing high demand as consumers show increased interest in healthy drink options [6] - The domestic orders for kale have surged, with a family farm supplying over 10 tea companies, indicating a shift in market dynamics towards local sourcing of ingredients [6][7] - The establishment of a cooperative workshop has enabled local villagers to gain employment opportunities, with the farm employing up to 600 workers during peak harvest seasons, thus contributing to local economic development [7]

Report Industry Investment Rating - The investment strategy for both soybeans and peanuts is rated as neutral [3][6] Core Viewpoints - The soybeans market is in the transition phase between old and new crops. With the approaching autumn harvest in the Northeast, new soybeans are about to be listed. Although there are some adverse conditions in some areas, the overall national soybean planting area has increased, and there is a strong expectation of a good harvest in the regions outside the pass [1][2] - The peanut futures market shows range - bound fluctuations. The supply of peanuts is expected to increase as wheat - stubble peanuts are about to be mass - listed. However, future rainfall in Henan may affect peanut quality, and low prices may lead to farmers' reluctance to sell [3][4][5] Market Analysis of Soybeans Futures and Spot Market - The closing price of the soybeans 2511 contract was 3924.00 yuan/ton yesterday, a change of - 15.00 yuan/ton from the previous day, a decrease of - 0.38%. The spot basis of edible soybeans was A11 + 296, a change of + 15 from the previous day, an increase of 32.14% [1] Market Information - In the Northeast soybean market, a small amount of high - oil soybeans have been listed, and most enterprises are waiting for the listing of commodity soybeans at the end of the month to start purchasing. The current price of early - maturing new soybeans is not representative, and attention should be paid to the progress of new grain listing. The overall growth of soybeans is good, but there are some areas with general growth, and there is still an expectation of a good harvest for new grains [1] - The prices of standard - grade first - class soybeans in various regions of Heilongjiang remained stable compared with the previous day [1] Market Analysis of Peanuts Futures and Spot Market - The closing price of the peanut 2510 contract was 7796.00 yuan/ton yesterday, a change of + 68.00 yuan/ton from the previous day, an increase of + 0.88%. The average spot price of peanuts was 8290.00 yuan/ton, a change of - 60.00 yuan/ton from the previous day, a decrease of - 0.72%. The spot basis was PK10 + 404.00, a change of - 68.00 from the previous day, a decrease of - 14.41% [3] Market Information - New peanuts in the Northeast have been sporadically listed. Although the average price of common peanuts in the national market has increased, the prices in some producing areas have shown a stable - to - weak pattern, with a north - south difference in prices. The contract procurement prices of oil mills vary by region, and the overall demand for oil extraction is poor [3] - Future rainfall in Henan may lead to an increase in the possibility of peanut mildew, a decrease in yield, and low prices may intensify farmers' reluctance to sell [5]

Group 1 - Guangdong's agricultural sector is showcasing its high-quality products at the 23rd China International Meat Industry Exhibition in Xiamen, highlighting the achievements in agricultural development [11][12][14] - The event features a variety of specialty agricultural products from across the country, emphasizing the theme of high-quality agricultural development in China [12][14] - The Guangdong sweet potato industry is being promoted as a key crop for enhancing farmers' income and rural revitalization, with efforts focused on food security, technological innovation, and market expansion [18][20] Group 2 - The 2025 Poultry Breeding Industry Development Forum is set to take place in Beijing, aiming to strengthen the foundation for high-quality development in the livestock sector through collaboration and knowledge sharing [24][26] - Guangdong is recognized as a "vegetable kingdom" due to its diverse climate and geography, which supports a wide variety of vegetable cultivation [29][30] - The cultivation of late-season vegetables, such as the late vegetable heart from Zengcheng, is underway, with expectations for a new harvest before the winter solstice [34]