根据公报，在此之前，拉脱维亚家禽中尚未发现新城疫，不过实验室检测显示，新城疫病毒已在野生鸟 类种群中传播。与发现高致病性禽流感疫情时类似，当发现新城疫时，养殖场内将采取疾病控制措施， 所有禽鸟均会被扑杀，蛋类会被销毁。 拉脱维亚食品和兽医服务局27日发布新闻公报说，该国首次发现家禽新城疫感染病例。 新城疫是一种急性、高度传染性的禽类病毒，其临床特征包括呼吸与消化系统功能紊乱、神经系统症状 及败血症。野生鸟类是该病毒的自然宿主，家禽可通过接触感染病毒的野生鸟类患病，也可经由被病毒 污染的饲料或物品感染。 公报说，发现新城疫病例的是该国塔尔西地区一家养鸡场，养有35只鸡。其周围已设立了3公里和10公 里的保护区和监测区，禁止在这些区域内运输活禽和家禽产品。 （文章来源：新华社） ...

上市企业：温氏股份（300498）、立华股份（300761）、德康农牧（02419.HK）、湘佳股份 （002982）、春茂股份（430463.N）、传味股份（870307.NQ） 相关企业：广西参皇养殖集团有限公司、桂林力源粮油食品集团有限公司、和盛食品集团有限公司、广 西富凤农牧集团有限公司、广东天农集团股份有限公司、广西园丰牧业集团股份有限公司、、安徽华卫 集团禽业有限公司、广西金陵农牧集团有限公司、广西凤翔集团股份有限公司、新疆泰昆集团有限责任 公司、开平市绿皇农牧发展有限公司、广西兴余农牧有限公司、海南（潭牛）文昌鸡股份有限公司、江 西省惠大实业有限公司 关键词：黄羽肉鸡市场政策、黄羽肉鸡产业链图谱、黄羽肉鸡出栏量、黄羽肉鸡屠宰量、黄羽肉鸡市场 规模、黄羽肉鸡竞争格局、黄羽肉鸡发展趋势 一、概述 我国商品鸡市场主要由白羽肉鸡和黄羽肉鸡两大品类构成，其中，白羽肉鸡是指羽毛为白色的肉鸡，白 羽肉鸡基本都是从外国引进的品种，而黄羽肉鸡是指羽毛带颜色的肉鸡（因为白色羽毛是隐形基金，有 色羽毛是显性基金），因为黄色羽毛较为常见，所以统称黄羽肉鸡。黄羽鸡是由我国优良的地方品种杂 交培育而成的优质肉鸡品类，国产率 ...

报道称，这是特朗普在第二个总统任期内首次举行火鸡"赦免"仪式，正值美国国内火鸡价格大幅飙升。 美国农场局联合会数据显示，受禽流感与需求激增影响，美国火鸡数量已降至40年来最低水平。根据美 国农业部数据和普渡大学农业学院分析，与2024年10月相比，该国火鸡批发价格上涨约75%，零售价格 涨幅超25%。 特朗普在"赦免"仪式上称，前总统拜登去年的火鸡"赦免"完全无效，因为拜登使用了自动签字笔签署赦 免令。他还称自己"重新赦免了它们"。美媒称，特朗普的这番话意在暗讽拜登卸任前签署的一系列赦免 决定。 据美媒介绍，"咯咯"和"晃晃"来自北卡罗来纳州的一个小农场。今年早些时候，美国第一夫人梅拉尼娅 在社交平台X发起一项投票，鼓励民众给它们起名。第一夫人办公室还让大家票选出哪只火鸡可以上台 接受总统"赦免"，最终"咯咯"获胜。作为总统"赦免"特权，这两只火鸡目前被安置在美国一家高档酒店 套房，随后它们将被送往北卡罗来纳州立大学家禽科学系安享余生。 【环球时报报道 记者 徐璐明】11月27日是美国感恩节，每年到了这个时候，美国全国火鸡协会都会向 白宫赠送火鸡，总统在节日前夕"赦免"火鸡也成为一项传统仪式。 据美国消费者新 ...

（来源：猪兜） 近期，生猪养殖行业正经历一场深刻的调整。从提前终止猪场租赁，到多家行业龙头陆续叫停多个养殖 项目、主动关停部分猪场，行业整体收缩产能的态势明显。这一系列动作背后，是生猪价格持续低迷、 养殖成本高企、市场供需失衡的现实压力。不少企业选择"减重前行"，通过终止项目、退租猪场、优化 资产来应对行业寒冬。然而，就在这片收缩声中，一家以"清远鸡"闻名的企业，却凭借其在生猪养殖领 域的深耕，成功向港交所递交招股书，走出了一条不一样的道路。 一 行业收缩，产能调控成共识 今年以来，生猪养殖企业普遍面临经营压力。多家养猪业龙头企业认为继续推进可能面临投资回报不达 预期的风险；有的陆续终止七个猪场建设项目，将剩余资金用于补充流动资金；温氏股份也关停了部分 猪场，有的因政策调整被划入限养区，有的则暂缓运营以进行升级改造。行业整体转向谨慎，反映出对 当前市场环境的共识：生猪产能过剩、价格低迷，企业必须通过收缩战线、优化结构来抵御风险。 这一趋势也与政策导向相契合。农业农村部近期审议通过的《关于加强产能综合调控促进生猪产业高质 量发展的意见》明确提出，要加强生猪产能综合调控，动态调整能繁母猪保有量目标，开展逆周期调 ...

Investment Rating - The industry rating is "Outperform the Market" indicating that the overall return of the industry is expected to exceed the market benchmark index by more than 5% in the next 6 to 12 months [78]. Core Insights - The report highlights a gradual reduction in production capacity in the pig farming sector, with the number of breeding sows in China dropping below 40 million as of October, reflecting a decrease of over 350,000 from September [2][35]. - The report suggests that the recent losses in pig farming, combined with capacity control policies, are likely to enhance expectations for production capacity reduction, which may lead to a long-term increase in pig prices [2][35]. - The report recommends focusing on companies such as TianKang Biological, Muyuan Foods, Wens Foodstuff Group, and Dekang Agriculture [2][35]. Summary by Sections Pig Farming - Pig prices initially declined but showed slight recovery later in the week, with an average price of 11.62 CNY/kg as of November 21, reflecting a week-on-week decrease of 0.04 CNY/kg [11]. - The average weight of pigs sold increased to 128.81 kg, up by 0.33 kg week-on-week, driven by improved weight gain due to lower temperatures [24][35]. - The report indicates that the industry is currently facing losses, but the expected reduction in production capacity may lead to higher long-term price stability for quality pig farming companies [35]. Cattle Farming - Short-term prices for beef cattle have slightly decreased, with the price of fattened bulls at 25.58 CNY/kg, down 0.16% week-on-week, while calf prices increased to 32 CNY/kg, up 0.63% week-on-week [38]. - The report notes that the supply of beef cattle is expected to tighten in the medium to long term, with prices anticipated to enter an upward cycle between 2026 and 2027 [38]. Dairy Farming - The price of raw milk is currently at a low point, recorded at 3.03 CNY/kg, which is a 31% decrease from the peak [39]. - The ongoing losses in the dairy sector are expected to continue driving production capacity reduction, with a potential stabilization and recovery in raw milk prices anticipated as supply contracts [39]. Poultry Farming - The report indicates a decrease in the enthusiasm for restocking broiler chickens, with the price of white feather broilers at 7.15 CNY/kg, showing a slight increase of 0.03 CNY/kg week-on-week [46]. - The price of chicken eggs averaged 6.25 CNY/kg, down 0.24 CNY/kg week-on-week, with expectations for future price recovery due to supply constraints from ongoing avian influenza outbreaks [46][49]. Agricultural Products - The report notes a correction in soybean meal prices following the USDA report, with spot prices at 3070 CNY/ton, down 28 CNY/ton week-on-week [62]. - The report emphasizes the importance of monitoring actual soybean purchases and planting weather in South America for future price movements [62].

来源：饲料市场 2025年白羽肉鸡产业链利润出现断崖式下跌，白羽肉鸡价格更跌破 2018 年以来近八年行业最低点。 1-10月白羽肉鸡全产业链利润同比降幅超94% 从图1可以看出，2020年起，随着非洲猪瘟带动猪价上涨的红利逐步消退，白羽肉鸡全产业链利润从 2019年的9.86元/只回落至2020年的1.10元/只，行业利润自此进入震荡下滑通道。2023年白羽肉鸡产业 链总利润进一步下滑至0.68元/只，跌破1元/只关口。2025年最新数据显示，截至10月底，国内白羽肉鸡 孵化、养殖及屠宰环节理论盈利分别为-0.06元/羽、-0.15元/只、0.22元/只，同比分别下滑110.71%、 141.67%，上涨168.19%；产业链整体利润同步下滑至0.01元/只，同比降幅达94.55%。 整体而言，2025 年白羽肉鸡产业链利润出现断崖式下跌，白羽肉鸡价格更跌破 2018 年以来近八年行业 最低点。这一行情直接导致商品代肉鸡养殖利润下滑，进而传导至上游孵化环节，最终使得 2025 年孵 化及养殖环节均由盈转亏；而屠宰端成本降至低位，为下游屠宰环节释放了利润空间，拉动其盈利上 行。（备注：图中盈利均为理论计算值， ...

智通财经APP获悉，招商证券发布研报称，10月主产区鸡苗均价3.35元/羽，同比-19.3%，环比+2.4%， 白羽鸡养殖端增亏，苗鸡补栏积极性不减，年初以来海外引种量同比大幅下降，预计2025年下半年我国 父母代肉种鸡苗的供给将偏紧，后续也将影响2026年商品代肉鸡苗的供给。黄羽鸡方面，双节后需求略 有回落，但10月黄鸡价格维持较好景气，养殖端盈利可观。头部企业黄羽肉鸡出栏成本回落至低位；四 季度消费改善带动鸡价回暖，或有望释放较好盈利弹性。 1)白羽鸡：虽然2024年祖代种鸡进口同比增加，但未恢复至引种中断前正常年份引种数量；预计2025年 优质父母代鸡苗需求较好；加之受海外引种大幅下降影响，2025年下半年父母代鸡苗供给将更紧，后续 也将影响2026年商品代鸡苗的供给。看好种禽端景气，重点推荐成本改善的一体化龙头企业圣农发展 (002299.SZ)。 2)黄羽鸡：当前父母代种鸡存栏已降至历史偏低位水平，再加之行业亏损持续了一段时间，供给收缩为 后续鸡价上涨奠定基础。当前黄鸡养殖成本回落至低位，鸡价回暖后有望大幅释放盈利弹性。长期看， 未来随着消费习惯改变、禁售政策实施、经济复苏提振消费，冰鲜黄羽鸡市场或 ...

Core Viewpoint - Xiantan Co., Ltd. experienced a decline of 1.54% in stock price on November 20, with a trading volume of 90.13 million yuan, indicating a potential market reaction to recent financial data and trading activities [1] Financing Summary - On November 20, Xiantan Co., Ltd. had a financing buy-in amount of 13.46 million yuan and a financing repayment of 13.37 million yuan, resulting in a net financing buy of 89,800 yuan [1] - The total financing and securities balance as of November 20 was 169 million yuan, which represents 3.06% of the circulating market value, indicating a low financing balance compared to the past year [1] - In terms of securities lending, 600 shares were repaid while 1,100 shares were sold, with a selling amount of 7,051 yuan, and the securities lending balance was 512,800 yuan, which is at a high level compared to the past year [1] Financial Performance - For the period from January to September 2025, Xiantan Co., Ltd. achieved an operating income of 4.139 billion yuan, reflecting a year-on-year growth of 8.72% [2] - The net profit attributable to the parent company for the same period was 193 million yuan, showing a significant year-on-year increase of 72.48% [2] Shareholder Information - As of September 30, 2025, the number of shareholders for Xiantan Co., Ltd. was 28,100, a decrease of 8.29% from the previous period, while the average circulating shares per person increased by 9.03% to 25,211 shares [2] - Since its A-share listing, Xiantan Co., Ltd. has distributed a total of 1.24 billion yuan in dividends, with 516 million yuan distributed over the past three years [3] - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited is the fourth largest with 17.98 million shares, an increase of 7.82 million shares from the previous period, while Guotai CSI Livestock Breeding ETF is a new entrant as the seventh largest shareholder with 11.38 million shares [3]

Core Insights - The article highlights the transformation of the Pingba gray goose industry in Guizhou Province into a comprehensive rural revitalization pillar, integrating agriculture, commerce, and tourism, driven by government support and industrial upgrades [1][2]. Group 1: Industry Development - The Pingba gray goose industry has evolved from traditional farming to a full industrial chain, overcoming challenges such as low survival rates of goslings and high feed costs through government policies and the establishment of the Guizhou Zhiqian Gray Goose Industry Investment Co., Ltd. [2][3] - The company has adopted a "company + cooperative + farmer" model to promote industrialized farming, implementing a zero-risk support mechanism for farmers [2][3]. Group 2: Technological Innovation - The introduction of standardized production processes has significantly increased the value of Pingba gray goose products, with processed items like marinated goose meat achieving over three times the value of live birds [4][7]. - The establishment of a food research center and collaboration with leading enterprises and research institutions have enhanced product development, utilizing AI technology for recipe optimization and production efficiency [5][6]. Group 3: Market Expansion - The integration of the gray goose industry with rural tourism has created a unique experience for visitors, combining farm visits, culinary experiences, and rural accommodations, thereby increasing the industry's visibility and market share [8]. - Future plans include expanding direct sales and franchise stores, enhancing e-commerce and supermarket channels, and developing new products like goose down, aiming to establish Pingba gray goose as a nationally recognized brand [9].

Group 1 - The core viewpoint of the articles highlights the efforts made by Shandong province to support small and micro enterprises in overcoming financing challenges through coordinated mechanisms and innovative financial products [3][4][6] - The Jianwei Chicken Farm in Shanting District successfully secured an 800,000 yuan loan after a collaborative effort involving local financial monitoring centers and banks, which improved its breeding efficiency by 20% [1][3] - As of the end of October, Shandong province has conducted 1,638 joint consultations, resolving financing issues for 4,977 enterprises, demonstrating a proactive approach to enhancing the financing accessibility for small businesses [3][4] Group 2 - The Shandong government has implemented a "what's missing, supplement what's missing" principle to address common financing obstacles faced by small enterprises, such as lack of collateral and poor financing connections [4] - Financial institutions are encouraged to promote credit-based financial products like "Silver Tax Interactive Loans" and "Talent Loans" to better serve small businesses lacking traditional collateral [4] - The Postal Savings Bank tailored a financial service solution for Shandong Yatai New Materials Technology Co., providing 15 million yuan in working capital loans and 30 million yuan in discount acceptance, reflecting the adaptability of financial services to meet specific enterprise needs [6]