格隆汇11月18日丨德康农牧(02419.HK)公告，11月18日耗资214万港元回购3万股。 ...

Core Insights - The overall trend in pig prices across 31 provinces is showing a steady decline, with 10 regions experiencing price increases, 20 regions seeing decreases, and 1 region remaining stable [1] - The national average price for pigs on November 18 is reported at 11.56 yuan per kilogram, reflecting a decrease of 0.03 yuan per kilogram from the previous day [1] - The supply index for meat in Chongqing has increased by 3.43% compared to the previous day, indicating a rise in meat supply [1] - In Beijing, the wholesale trading volume of pork is recorded at 591,200 kilograms, which is a decrease of 0.29% from the previous day [1] - The average price difference for external three yuan pigs across 21 major regions is approximately 0.47 yuan per kilogram, down by 0.01 yuan from the previous day, and is below the average transportation cost of 0.58 yuan per kilogram [1] Market Analysis - The enthusiasm for pig sales from the breeding sector is generally moderate, with no significant improvement in demand following the drop in temperature [3] - Slaughterhouses are applying pressure on prices and purchasing based on demand, leading to some group farms reducing prices for sales [3] - Despite the overall trend, some breeders are holding firm on prices and reluctant to sell, with expectations of a price increase tomorrow [3]

Core Insights - The average price of external three yuan live pigs in China increased by 0.02 yuan/kg to 11.59 yuan/kg on November 18, 2025, while the average price of piglets rose by 0.03 yuan/kg to 19.11 yuan/kg [1][2] - The market sentiment is mixed, with some regions experiencing slight price adjustments, but overall, the market remains in a "strong supply, weak demand" situation [2] Price Trends - The average price of external three yuan live pigs across various regions shows slight increases, with notable prices including: - Heilongjiang: 11.71 yuan/kg - Guangdong: 12.21 yuan/kg - Shanghai: 11.95 yuan/kg [1] - The average price of piglets also varies by region, with the highest price in Guangdong at 20.28 yuan/kg [1] Market Dynamics - The recent drop in temperatures has led to increased optimism among farmers, with some engaging in limited curing activities in southern regions [2] - Despite the positive sentiment, overall consumption remains weak, impacting the sustainability of price increases [2] - The risk of disease in pig herds is rising with the temperature drop, which may lead to earlier market exits by farmers for disease control [2]

人民财讯11月18日电，唐人神（002567）11月18日公告，公司拟终止"东冲三期生猪养殖基地建设项 目"的募集资金投入，并将剩余募集资金7895.87万元永久补充流动资金。 ...

格隆汇11月18日丨唐人神(002567.SZ)公布，第十届董事会第六次会议，审议通过了《关于终止部分募 投项目并将剩余募集资金永久补充流动资金的议案》，同意终止"东冲三期生猪养殖基地建设项目"的募 集资金投入，并将剩余募集资金7,895.87万元（含累计收到的银行存款利息及扣除银行手续费等的净 额，最终以资金转出当日银行结息余额为准）永久补充流动资金，上述议案尚需提交公司股东会审议。 ...

Core Viewpoint - The company anticipates exporting approximately 260,000 live pigs to Hong Kong and Macau in 2025, with 210,000 being self-operated exports and 50,000 as supplied exports [2]. Group 1 - The company estimates that the total number of live pigs exported to Hong Kong and Macau in 2025 will be around 260,000 [2]. - Of the total, approximately 210,000 will be self-operated exports [2]. - The remaining 50,000 will be supplied exports [2].

人民财讯11月18日电，东瑞股份（001201）11月18日在互动平台表示，预计公司2025年全年供港澳活大 猪约26万头，其中自营出口约21万头，供货出口约5万头。 ...

Core Viewpoint - Dongrui Co., Ltd. (001201.SZ) expects to supply approximately 260,000 live pigs to Hong Kong and Macau in 2025, with self-operated exports accounting for about 210,000 pigs and supply exports for about 50,000 pigs [1] Group 1 - The company anticipates a total supply of 260,000 live pigs to Hong Kong and Macau in 2025 [1] - Self-operated exports are projected to be around 210,000 pigs [1] - Supply exports are expected to be approximately 50,000 pigs [1]

| | | | | 国留期货研究院 | | 投资咨询号:Z0015194 | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | 农产品研究中心一层到广杨璐琳 | | | 从业资格号:F3042528 | | 2025/11/18 | | | 地区 | 2025/11/17 | 涨跌值 | 升贴水(修改后) | | 与2601基差 | | 涨跌值 | | | 河南 | 11.53 | -0. 32 | | Or B | -270 | | -320 | | | 湖南 | 11. 33 | 0 | 100 | | -570 > | | 0 | | | 湖北 | 11.23 | -0.12012 | 0 | | -570 | | +1-120 | | | 安徽 | 11.65 | -0.26 | 200 | | -350 | | -260 | | | 江西 | 11.26 | -0. 08 | 100 | | -640 | | -80 | | | 山西 | 11.13 | -0. 32 | -100 | | -570 | | -32 ...

农产品日报 | 2025-11-18 消费跟进不足，猪价震荡调整 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11695元/吨，较前交易日变动-80.00元/吨，幅度-0.68%。现货方面，河南地区 外三元生猪价格11.60元/公斤，较前交易日变动-0.11元/公斤，现货基差 LH01-95，较前交易日变动-250；江苏地区 外三元生猪价格 11.75元/公斤，较前交易日变动-0.12元/公斤，现货基差LH01+55，较前交易日变动-150；四川地 区外三元生猪价格11.24元/公斤，较前交易日变动+0.00元/公斤，现货基差LH01-455，较前交易日变动+80。 据农业农村部监测，11月17日"农产品批发价格200指数"为125.44，比上周五下降0.05个点，"菜篮子"产品批发价格 指数为127.53，比上周五下降0.05个点。全国农产品批发市场猪肉平均价格为17.98元/公斤，比上周五下降0.4%； 牛肉66.54元/公斤，比上周五下降0.1%；羊肉62.33元/公斤，比上周五下降1.0%；鸡蛋7.35元/公斤，比上周五下降 2.3%；白条鸡17.78元/公斤，比上周五下降0.1 ...