研究所 农产品研发报告 农产品日报 2026 年 03 月 03 日 研究员：刘倩楠 期货从业证号： Z0014425 联系方式： :liuqiannan_qh@chinastock. com.cn 鸡蛋日报 第一部分鸡蛋日报 | 期货市场 | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 今收 | | 昨收 | 涨跌 | JD跨月价差 | 今收 | 昨收 | 涨跌 | | JD01 | 3606 | 3618 | -12 | 01-05 | 263 | 212 | 51 | | JD05 | 3343 | 3406 | -63 | 05-09 | -434 | -402 | -32 | | JD09 | 3777 | 3808 | -31 | 09-01 | 171 | 190 | -19 | | 今收 | | 昨收 | 涨跌 | | 今收 | 昨收 | 涨跌 | | 01鸡蛋/玉米 | 1.54 | 1.54 | 0.00 | 01鸡蛋/豆粕 | 1.20 | 1.20 | -0.01 | | 05鸡蛋/玉米 | 1.4 ...

发布日期：2026 年 2 月 27 日 大豆：当前大豆市场以稳为主。一方面部分粮库收购基本结束，且进口大豆 上涨；外加当前处于市场消费旺季和补库高峰，市场货源流通速度加快，市场需 求集中显现。另一方面，在市场需求没有较大改变的情况下，供求关系不对等日 益明显，短期内没有具体方向进行改善。总的来说大豆价格低点已出，后续更多 的是呈现震荡上扬走势。 玉米：东北地区，绥化象屿、北安象屿等多家深加工企业恢复收购，黑龙江 的青冈龙凤和京粮龙江上调收购价格。东北还需要等待十五以后，上量才能恢复 正常状态。港口方面，假期结束以后，虽到车量有所增多，但处于低位，价格出 现小涨。2 月 26 日集港车辆为 200 车左右；港口主流报价 2310--2320 元/吨。 山东市场，随着深加工企业的开机的逐步恢复，玉米需求有所增加，但是玉米供 应一般，使得这几天价格不断小幅提升。今日晨间到车量 662 台，较昨日增加 309 台，随着上量的增加，深加工灵活调整价格；诸城源发、容海、福洋等企业 下调价格，恒仁工贸上调五厘。 短期玉米低位或还存在一定反复，不过在玉米最大供应压力阶段已经过去来 说，下方空间相对有限，如存在回落调整，可以 ...

Report Industry Investment Rating - Not provided Core Viewpoints - The domestic soybean price is expected to be supported in the short term, but the post - holiday futures price may have a limited adjustment. The short - term low of corn may fluctuate, but the downward space is limited. Egg prices may fluctuate weakly near the opening price in the short term, and the short - term supply and demand of eggs have no obvious driving force. The short - term oversupply situation of live pigs is difficult to fundamentally change, and the industry is in a key game period of short - term price pressure and long - term capacity clearance [1][2] Summary by Related Content Soybean - During the long holiday, the domestic soybean market was stagnant, and the purchase price of domestic soybeans remained stable. On February 23, the purchase price of 39% protein soybeans in Northeast China was 4180 - 4280 yuan/ton, the same as before the holiday. After the holiday, there is a replenishment demand, which is expected to support the price. However, due to the short - term over - rise of soybean futures before the holiday, there is a negative basis with the spot, and there was an adjustment after the holiday, but the adjustment range is limited [1] Corn - As the Spring Festival holiday is coming to an end, the corn market is still in a state of stagnation, but some deep - processing enterprises in some areas have started to resume work and signaled price increases. Most deep - processing enterprises are still cautious, and some plan to reduce prices for purchases after the temperature rises. The short - term low of corn may fluctuate, but the downward space is limited, and it is advisable to consider replenishment or buying on dips [1] Egg - Currently, the inventory of all links has accumulated, and the downstream demand is in the initial stage of recovery. The egg price may fluctuate weakly near the opening price in the short term, and all parties will mainly focus on digesting inventory. The number of laying hens may decline in February, but the absolute value is still high, and the support for prices is limited. The short - term supply and demand have no obvious driving force, and it is regarded as a shock for the time being [2] Live Pig - At the end of January 2026, the national inventory of fertile sows was 39.62 million, with a month - on - month increase of 0.27% and a year - on - year increase of 0.06%, equivalent to 101.6% of the normal inventory, still at the upper limit of the green control range. The short - term oversupply situation is difficult to change fundamentally. The industry is in a key game period, and the current capacity clearance progress is slow. The growth trend of commercial pig supply is expected to continue until the first half of 2026 [2]

瑞达期货研究院 「2026.02.13」 鸡蛋市场周报 资金避险情绪升温 期价低位有所反弹 3 来源：瑞达期货研究院 关 注 我 们 获 业 务 咨 询 添 加 客 服 目录 1、周度要点小结 2、期现市场 3、产业情况 「 周度要点小结」 总结及策略建议 研究员：许方莉 期货从业资格号F3073708 期货投资咨询从业证书号 Z0017638 取 更 多 资 讯 联系电话：0595-86778969 Ø 鸡蛋： Ø 行情回顾：本周鸡蛋明显走强，2604合约收盘价为3251元/500千克，较前一周+86元/500千克。 Ø Ø 行情展望：前期补栏相对偏低，现阶段新增开产压力不大，蛋鸡存栏仍将处于下滑趋势中。不过， 当前蛋鸡在产存栏仍然处于高位，且节前备货进入尾声，走货平稳，供需相对平衡，养殖端盈利 尚可、挺价意愿较强。在利润向好支撑下，雏鸡补栏积极性提升而老鸡淘汰积极性略有放缓，弱 化存栏下滑预期。盘面来看，节前资金避险情绪升温，本周期价明显回弹，空仓过节。 「 期现市场情况」 期价走势及前二十名持仓 图1、大商所鸡蛋主力合约期货价格走势 图2、大商所鸡蛋指数期货前二十名持仓变化 来源：大商所 瑞达期货研究院 ...

Core Viewpoint - The article emphasizes the importance of transforming the potential value of ecological products into real economic value, using the "Meilan Good Products" brand in Haikou, Hainan Province as a model for integrating ecological advantages into marketable value [1][4]. Group 1: Brand Development and Economic Impact - The "Meilan Good Products" initiative aims for a total sales revenue of 864 million yuan by 2025, benefiting thousands of farmers [1]. - The brand has successfully addressed issues such as fragmented agricultural operations and weak bargaining power by uniting 29 authorized enterprises across ten key industries [2]. - The initiative has led to significant participation from local farmers, with over 300 farmers involved in the chicken farming model, producing 13.4 million chickens annually [2]. Group 2: Quality and Ecological Sustainability - The brand prioritizes quality as its core competitive advantage, focusing on ecological sustainability and guiding enterprises to shift from scale expansion to quality enhancement [3]. - The establishment of a standard system and traceability mechanisms has strengthened market trust and improved product quality, leading to increased market prices and consumer interest [3]. Group 3: Collaborative Framework and Long-term Planning - The success of ecological product value transformation relies on a collaborative framework involving government guidance, enterprise leadership, and farmer participation, creating a community of shared interests [4]. - The brand's development is not a short-term effort but requires long-term planning and a systematic approach to overcome industry challenges and foster new business models [4].

我市发出首张农产品安全"身份证" 新规落地首日 每日甘肃网2月10日讯 据金昌日报报道（记者张迈）2月1日，《农产品质量安全承诺达标合格证管理 办法》（以下简称《办法》）正式施行。当日，永昌县家乡新养鸡专业合作社顺利开具我市在该《办 法》施行后的首张《农产品质量安全承诺达标合格证》，这张承载着农产品全链条监管信息的"质量身 份证"，标志着我市农产品质量安全监管工作正式迈入精细化、规范化发展的全新阶段。 据悉，《办法》由农业农村部于2025年12月2日公布，《办法》的施行，为全国农产品质量安全监管提 供了统一规范的制度遵循，也为我市进一步完善农产品监管体系、守护群众"舌尖上的安全"提供了重要 契机。 此次施行的《办法》覆盖范围广泛，将蔬菜（含人工种植食用菌）、水果、茶鲜叶、活畜禽、禽蛋、养 殖水产品等7大类与群众日常生活密切相关的农产品全部纳入管理，明确要求此类农产品上市销售时需 统一持有质量安全"身份证明"，实现"持证入市、凭证销售"。为确保制度落地见效，《办法》明确了各 类生产经营主体的责任义务，构建起全流程闭环监管体系。其中，农产品生产企业、农民专业合作社需 按生产批次规范开具合格证，详细记录产品名称、数 ...

1. Report Industry Investment Rating No relevant content provided. 2. Core Viewpoints of the Report - The cyclical bottom of soybeans has emerged with limited room for subsequent decline, and soybeans are expected to continue in a volatile trend. Corn is expected to experience wide - range fluctuations before the Spring Festival, and it can still be considered for buying on dips if there is a significant decline [1]. - The national egg market prices have stabilized in many places but are still falling locally. There is no obvious short - term driver, and excessive bearishness is not recommended. The Spring Festival is the darkest time for live pigs, and subsequent attention should be paid to the regulation of reproductive sows to construct a supply - demand balance sheet for the far - month [2][3]. 3. Summary by Related Categories Soybeans - Low - protein soybeans in the Northeast region have stable prices, with limited grassroots inventory and strong price - holding mentality. High - protein soybeans are in short supply, with high - quality products commanding higher prices, and some 39% protein - content commodity beans are priced around 2.2 yuan per catty [1]. - On February 2nd, 60,608 tons of 2022 - produced reserve soybeans were auctioned in places like Jiayin, Shangzhi, and Hulunbuir, all of which were sold at an average price of 4,297.6 yuan per ton and a maximum premium of 310 yuan per ton. However, the high - price acceptance in the overall market remains weak [1]. Corn - The Northeast corn market has entered a small peak of pre - festival grain sales. With increased supply and decreased demand, the price trend is weak. In Shandong, the grain sales progress has exceeded 50%. The market supply increment is limited, and the price is slightly stronger. Corn is expected to fluctuate widely before the festival, and buying on dips can be considered in case of a large decline [1]. Eggs - Egg prices in the national market have stabilized in many places but are still falling locally. The inventory days in the production link in February are estimated to average about 2.50 days, with the monthly inventory center significantly higher than that in January, which will have a phased impact on prices. There is no obvious short - term driver, and excessive bearishness is not recommended [2]. Pigs - At the end of 2025, the number of reproductive sows was 39.61 million, a decrease of 1.16 million or 2.9%. The number of live pigs slaughtered in 2025 was 719.73 million, an increase of 17.16 million or 2.4%. At the end of 2025, the live pig inventory was 429.67 million, an increase of 2.24 million or 0.5% [2]. - From late January to early February, as the pre - festival slaughter window narrows, concentrated slaughter may drive pig prices further down. The Spring Festival is the darkest time for live pigs, and subsequent attention should be paid to the regulation of reproductive sows [2][3].

Core Insights - The National Bureau of Statistics released data indicating that in late January 2026, compared to mid-January, 25 out of 50 monitored important production materials saw price increases, while 21 experienced declines, and 4 remained stable [1] Group 1: Price Changes - Chemical product lithium iron phosphate (ordinary power type) increased by 5.9% month-on-month [1] - In the agricultural sector, the price of live pigs (external three yuan) was 12.7 yuan per kilogram, reflecting a month-on-month decrease of 1.6% [1]

Report Industry Investment Rating - Not mentioned in the report Core Viewpoints - The cyclical bottom of soybeans has emerged, and the subsequent decline space is limited, with an expected continuation of the oscillating trend [1] - Corn in the Northeast is expected to have a wide - range oscillation before the Spring Festival, and it can be considered to buy on dips if there is a large decline [1] - Egg inventory in February is expected to have a higher monthly center of gravity than in January, which will have a phased impact on prices, and it is not recommended to be overly bearish [2] - The worst time for live pigs around the Spring Festival is being realized, and subsequent attention should be paid to the regulation of reproductive sows to construct a supply - demand balance sheet for the far - month [3] Summary by Category Soybeans - The soybean market in the Northeast has remained stable recently, with only narrow price fluctuations and a significant decline in trading activity [1] - On February 2, 60,608 tons of reserve soybeans from 2022 were auctioned, all were sold, with an average price of 4,297.6 yuan/ton and a maximum premium of 310 yuan/ton, but the market atmosphere has not improved [1] - Most traders are mainly digesting inventory and fulfilling previous contracts [1] Corn - The Northeast market has entered a small peak of pre - festival grain sales, with supply increasing and demand decreasing, resulting in a weak trend [1] - In Shandong, the grain sales progress has exceeded 50%, and the supply and demand sides are in a continuous game. The price in North China is low, and the actual supply increase is limited. The corn price is slightly stronger [1] Eggs - In January, the inventory days in the production and circulation links of eggs in the main producing areas decreased significantly, with the production - link inventory days at 1.01 days (a 2.88% month - on - month decrease) and the circulation - link inventory days at 1.09 days (a 5.22% month - on - month decrease) [2] - The estimated average inventory days in the production link in February is about 2.50 days, with a significantly higher monthly inventory center of gravity than in January [2] Pigs - At the end of 2025, the inventory of reproductive sows was 39.61 million, a decrease of 1.16 million (a 2.9% decline), and it was 101.6% of the normal inventory [2] - In 2025, the national live pig slaughter was 719.73 million, an increase of 17.16 million (a 2.4% increase) [2] - At the end of 2025, the national live pig inventory was 429.67 million, an increase of 2.24 million (a 0.5% increase) [2] - From late January to early February, concentrated slaughter may drive pig prices further down, and the worst time for live pigs around the Spring Festival is being realized [3]

Report Investment Rating - No investment rating information is provided in the report. Core Viewpoints - The cyclical bottom of soybeans has emerged, and the subsequent decline space is limited. Soybeans are expected to continue a relatively strong oscillatory trend [1]. - Corn is expected to have a wide - range oscillation before the Spring Festival. If there is a large decline, it can be considered to buy on dips [1]. - There is no obvious short - term driver for eggs, and due to a marginal improvement in the存栏量 compared to the second half of last year, excessive short - selling is not recommended [2]. - Pig de - capacity is still ongoing. It is estimated that the spot supply around the Spring Festival is still large, and the near - month and spot prices are difficult to show continuous growth. The far - month needs to focus on capacity reduction in the recent two months and the number of reproductive sows [3][4]. Summary by Commodity Soybeans - In the Northeast production area, the spot market for low - protein soybeans is stable, with little remaining grain in the grass - roots level and sluggish transactions. The supply of high - protein soybeans is tight, showing the characteristic of high - quality and high - price. The price of 39% protein - content commercial beans in some areas is around 2.2 yuan per catty. Multiple domestic soybean two - way bidding transactions by the China National Grain and Oils Reserves Corporation have all been successfully concluded recently, indicating certain market demand support [1]. Corn - In the production area of Northeast China, after entering the twelfth lunar month, farmers' willingness to hold prices has slightly weakened, and the phenomenon of farmers threshing and selling grain for cash has increased, resulting in a slight improvement in the supply of grass - roots corn. In terms of demand, there is a rigid demand for pre - Spring Festival stockpiling in the feed and deep - processing industries, and the purchasing enthusiasm of some factories has increased. However, due to the relatively high price of dry grain, the inventory days of mainstream feed and deep - processing corn have increased to more than 30 days, and the factory's raw material inventory is relatively safe, with a cautious market sentiment [1]. Eggs - The current inventory of laying hens is still at a relatively high level in recent years, and the basic market supply capacity is sufficient. The culling rhythm of old hens has slowed down. With the recent rapid and substantial increase in egg prices, the breeding income has expanded, and farmers' confidence has been restored. There is a common idea in the industry to delay the culling of old hens and even carry out molting later, resulting in a decrease in the number of old hens sold and a slowdown in the reduction of production capacity. According to the breeding cycle, the recently newly - opened laying hens were the chicks replenished around October 2025. Although the egg prices at that time inhibited some replenishment, the established production capacity is still being gradually opened, resulting in a situation of "old hens not leaving, new hens coming", which keeps the overall national production capacity at a high level [2]. Pigs - At the end of 2025, the inventory of reproductive sows was 39.61 million, a decrease of 1.16 million or 2.9%, currently 101.6% of the normal inventory. In 2025, the national pig slaughter was 719.73 million, an increase of 17.16 million or 2.4% compared with the previous year. At the end of 2025, the national pig inventory was 429.67 million, an increase of 2.24 million or 0.5% compared with the previous year - end. The pig inventory at the end of 2025 was still higher than the same period last year, indicating that pig de - capacity is still ongoing. It is estimated that the spot supply around the Spring Festival is still large, and the near - month and spot prices are difficult to show continuous growth. The far - month needs to focus on capacity reduction in the recent two months and the number of reproductive sows [2][3][4].