研究所 农产品研发报告 玉米淀粉日报 2026 年 1 月 14 日 玉米淀粉日报 第一部分 数据 | 玉米&玉米淀粉数据日报 | | | | | | | | 2026/1/14 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 期货盘面 | | | | | | | | | | 期货 | | 收盘价 | 涨跌 | 涨跌幅 | 成交量 | 增减幅 | 持仓量 | 增减幅 | | C2601 | | 2300 | 2 | 0.09% | 416 | #DIV/0! | 8,433 | -8.20% | | C2605 | | 2275 | -2 | -0.09% | 140,645 | -23.82% | 627,188 | 0.93% | | C2509 | | 2295 | 4 | 0.17% | 9,236 | 16.90% | 54,740 | 2.74% | | CS2601 | | 2539 | -1 | -0.04% | 0 | -100.00% | 2,400 | 0.00% | | CS2605 | | 2580 | -11 ...

原粮价格稳中有涨。较上月相比，小麦价格稳定,玉米价格上涨。本月小麦市场均价1.26元/斤,较上月基 本持平，较去年同期上涨3.27%；玉米市场均价1.11元/斤，较上月基本上涨1.55%，较去年同期上涨 10.32%。 粮油价格整体稳定。特一粉2.24元/斤、标准粉2.04元/斤、普通大米平均价格3元/斤，较上月相比价格保 持稳定。鲁花花生油平均152.45元/5升、大豆油61.17元/5升，较上月相比价格平稳。蒙牛（袋装）鲜牛 奶2.55元/袋，价格平稳。 猪肉价格下降，牛羊肉较去年同期微涨，鸡蛋价格较上月微涨。猪肉类价格下降。精瘦肉零售均价 14.56元/斤、五花肉零售均价13.91元/斤、去骨后腿肉11.45元/斤、肋排21.22元/斤，较上月相比分别下 降1.94%、2.51%、5.51%、4.52%；较去年同期分别下降14.56%、17.59%、25.11%、7.44%。 牛肉零售均价39.2元/斤、羊肉零售均价41.79元/斤，较上月基本持平，较去年同期分别上涨4.64%、 5.25%。 中国发展网讯 山东省滨州市发展改革委价格监测显示，12月份该市居民生活消费品市场的62种商品超 市及集贸综合零 ...

转自：贵州日报 贵州日报天眼新闻记者 金忠秀 贵安新区田间地头，处处涌动着发展热潮。阳雀湖贵安基地，育种专家正记录着新培育辣椒品种的生长 数据；贵安综保区，精制茶和新式茶饮原料茶开发进度加快；湖潮乡农事服务中心，农机手调试着崭新 的收割机…… 贵安新区以现代山地都市高效农业为抓手，锚定种业、农产品加工、农机服务"三个重点"，深耕细作， 从育种端、加工端、服务端全链条发力，让乡村全面振兴的底气更足、成色更亮。 攥紧"种业芯片"，打造种业新高地 马场镇的崖州湾贵阳基地，贵阳市乡村振兴服务中心种子发展服务站站长王德甫，如数家珍般地介绍着 玉米、油菜、小麦试验基地情况。"通过共建试验基地，我们将共同致力于种质资源的创新、关键基因 的发掘与利用、高效育种体系的建立、新品种的选育与推广，以及相关的教育培训工作。" 崖州湾贵阳基地是崖州湾国家实验室在西南地区首个粮油试验基地，建成投用后，初步形成科研区、展 示区和辣椒专区"三区"联动发展格局。 "农民买种子最怕踩坑，我们多查一步，他们就少担一份心。"贵安新区农资市场，新区统筹城乡发展局 业务一科负责人杨雨婷说，种业安全，既要育好种，更要守好种。她与相关部门执法人员正认真核对 ...

中国发展网讯 山东省济宁市价格事务服务中心最新监测数据显示，本周济宁市主要商品价格呈现以下 特点：粮油价格总体平稳；肉禽蛋价格小幅上涨；蔬菜价格轻微回落。 粮油价格总体平稳。1月8日，济宁市小麦和玉米的平均售价分别为1.21元/斤和1.07元/斤，环比均持 平；面粉（特一粉）和粳米的平均售价分别为1.92元/斤和2.52元/斤，其中面粉价格环比持平，粳米价 格环比下降1.18%。食用油方面，鲁花花生油（5升）和大豆油（5升）的平均售价分别为153.86元/桶和 52.00元/桶，环比均持平。 肉禽蛋价格小幅上涨。1月8日，济宁市精瘦肉和五花肉集市平均售价分别为11.71元/斤和10.57元/斤， 其中 蔬菜价格轻微回落。1月8日，济宁市常规监测的17种蔬菜价格呈现"6升7降4平"态势，综合均价为3.46 元/斤，环比下降0.52%，其中降幅居于前列的有大白菜、土豆等蔬菜，环比分别下降7.46%和5.35%。 （济宁市价格事务服务中心 ） 精瘦肉价格环比上涨1.21%，五花肉价格环比持平；白条鸡和鸡蛋集市平均售价分别为8.08元/斤和3.39 元/斤，环比分别上涨2.02%和3.04%。 ...

供应方面，本周最低收购价小麦首拍，计划销售19.88万吨，实际成交10.54万吨，其中苏皖地区总计成 交约2.2万吨。最低收购价小麦持续投放市场，各级储备小麦轮换数量也开始增加，基层持粮主体受拍 卖节奏影响，出货现象增多，市场整体粮源供应充足。需求方面，距离春节还有一个多月，节前备货启 动迹象不明显，面粉企业开机率下滑，按需补库为主。即使粮油消费的传统旺季来临，从近几年的市场 表现来看，旺季不旺好像成为常态，整体备货积极性或较平时提高，但期望值不可过高。 本周小麦流通量整体有所增加，内河粮运行情在区域供需与消费需求差异，以及运力供求变化的影响下 有所抬头，整体涨幅有限。江船则受长江部分水域水位偏低、通航效率下降影响，部分航线运价略有偏 强。不过随着春节临近，粮船运力预计将有计划地停航过节，后市关注春节前运营调整情况。 后市行情预测： 来源：市场资讯 （来源：南方小麦网） 原标题：内河行情略有抬头 海轮基本稳定 来源：南方小麦网 内河运输： 本周苏皖地区内河粮食运输市场稳中有所抬头，不过上涨幅度有限。江船运输行情则呈现短期稳中略有 偏强、后期承压的特点。 本周，沿海小麦运输市场购销氛围依旧清淡，苏皖小麦南下流通 ...

2026 年 01 月 11 日 A 股估值及行业中观景气跟踪周报 ——行业比较周跟踪（20260103-20260109） 本期投资提示： 相关研究 - 证券分析师 林丽梅 A0230513090001 linlm@swsresearch.com 刘雅婧 A0230521080001 liuyj@swsresearch.com 郝丹阳 A0230523120002 haody@swsresearch.com 冯彧 A0230525080001 fengyu@swsresearch.com 王胜 A0230511060001 wangsheng@swsresearch.com 联系人 冯彧 A0230525080001 fengyu@swsresearch.com 请务必仔细阅读正文之后的各项信息披露与声明 本研究报告仅通过邮件提供给 中庚基金 使用。1 策 略 研 究 行 业 比 较 证 券 研 究 报 告 请务必仔细阅读正文之后的各项信息披露与声明 第2页 共6页 简单金融 成就梦想 一、A 股本周估值（截至 2026 年 1 月 9 日） ⚫ 1）指数及板块估值比较： ✓ 中证全指（剔除 ST） PE ...

农业行业 行业研究|行业周报 12 月猪企出栏延续增量降重 ——东方证券农林牧渔行业周报（20260105-20260111） 核心观点 投资建议与投资标的 投资建议：（1）看好生猪养殖板块，近期政策与市场合力推动生猪养殖行业产能去化， 结合新生仔猪情况，预计 26Q2 猪价拐点显现，板块业绩长期提升可期，相关标的：牧原 股份(002714，买入)、温氏股份(300498，买入)、神农集团(605296，未评级)等。（2） 后周期板块，行业结构性成长趋势持续，若本轮生猪去产能顺畅，产业链利润有望逐步 向下游传导，驱动动保板块上行，相关标的：海大集团(002311，买入)、瑞普生物 (300119，未评级)等。（3）种植链，当前粮价上行趋势已确立，种植&种业基本面向 好，大种植投资机会凸显，相关标的：苏垦农发(601952，未评级)、北大荒(600598，未 评级)、海南橡胶(601118，未评级)、隆平高科(000998，未评级)等。（4）宠物板块，宠 食行业正处于增量、提价逻辑持续落地的阶段，海外市场增量不断，国产品牌认可度持 续提升，龙头企业成长持续兑现，相关标的：乖宝宠物(301498，未评级)、中宠股 ...

（来源：南方小麦网） 原标题：小麦市场政策粮源供给增加 来源：南方小麦网 市场行情： 节后主产区小麦报价窄幅震荡，对于政策性小麦交易公告的发布市场关注度较高，尤其通过对交易底价 的分析逐步消化了小麦投放的利空影响，面粉加工企业观望心态较重，近日部分厂家上调小麦报价。主 要是基层小麦上量不多，同时工厂也存在刚需，春节备货启动，支撑了小麦市场需求。截至1月9日，河 北地区普麦净粮进厂价1.24-1.257元/斤，河南地区1.252-1.28元/斤，山东地区1.24-1.28元/斤，江苏地区 1.255-1.268元/斤，安徽地区1.266-1.27元/斤。 对用粮企业较为集中的区域来说，拍卖的小麦部分程度上补充了市场需求，而对于整体市场而言，小麦 价格还是平稳为主，尤其对于低价区域价格保持坚挺，从这个角度，年前消费提振下麦价保持区间运行 概率较大。 供需格局： 进入1月份，各大厂家也基本进入年前备货季，但是在面粉消费缺乏明显增长的情况下，厂家对成本控 制较为严格，对小麦的需求也呈现分化态势，普麦供给相对充裕，预计价格平稳运行为主，而优质小麦 或单品种小麦供给仍显偏紧，预计价格将呈现稳中偏强的态势。 供应方面，1月 ...

Report Industry Investment Rating - Not provided in the content Core Viewpoints of the Report - The USDA's December report increased US corn exports, but the production is at a high level. In the short term, US corn will fluctuate slightly stronger. The support of the US corn 03 contract at 430 cents per bushel is relatively strong. With the 11% tariff for imported US corn and 12% for sorghum in China, importing US corn has become profitable, and importing from Brazil offers higher profits [4]. - Currently, farmers' reluctance to sell has weakened, leading to an increase in corn supply. Port inventories remain low, and port prices are stable. It is expected that there will be another wave of selling pressure for Northeast corn in mid - January. In the short term, the supply of Northeast corn is increasing, but downstream demand for replenishment is driving a relative stability in Northeast corn prices. In North China, the increase in corn supply has led to a continuous decline in spot prices. The price difference between wheat and corn in North China remains high, and it is expected that corn supply will increase next week. In the short term, the supply at the northern ports will increase, and the purchase price will remain stable before the Spring Festival. The 03 corn contract will fluctuate at a high level, and the decline of the 07 corn contract is limited [4]. - The operating rate of starch factories has increased, while downstream提货 has decreased, leading to an increase in starch inventory, which remains at a high level. As corn spot prices are weak, starch spot prices are also weakening. The profits of North China starch factories have declined, and the operating rate of starch enterprises will continue to rise. As corn prices decline, there is still room for starch spot prices to fall. It is expected that the 03 corn starch contract will follow the high - level fluctuations of corn [4]. Summary by Directory Chapter One: Comprehensive Analysis and Trading Strategies - **Market Situation**: US corn exports are increasing, and the 03 contract has strong support at 430 cents per bushel. In China, corn supply in the Northeast and North China is increasing, and there will be a peak selling season in mid - January. Corn spot prices still have room to fall. In the short term, corn prices will continue to decline, and the 03 contract has limited room for rebound [4]. - **Trading Strategies** - Unilateral trading: Consider buying US corn 03 below 430 cents per bushel, making long - term purchases of 07 corn below 2240 yuan, and short - term shorting of 03 corn [5]. - Arbitrage: Hold a wait - and - see attitude. - Options: Consider a cumulative put strategy for 03 corn at high prices [5]. Chapter Two: Core Logic Analysis International Market - **US Corn Supply and Demand** - The USDA's December report shows changes in US corn supply and demand indicators such as planting area, yield, inventory, and consumption in different years. The export volume has been adjusted, and attention should be paid to the January report. Importing US corn and Brazilian corn is currently profitable [9]. - As of January 1, the weekly US corn export inspection was 1.21 million tons, with a cumulative export of 26.81 million tons. This week, there were no exports to China, with a cumulative export of 0 tons and a proportion of 0%. In November, 560,000 tons of corn were imported, and from January to November, 1.85 million tons were imported, compared with 13.32 million tons in the same period last year [10]. - **US Corn Non - commercial Net Long Position and Ethanol Production** - As of December 30, the non - commercial net long position of US corn decreased, and ethanol production also decreased. The US corn 03 contract is oscillating at the bottom, with strong support at 430 cents per bushel [15]. Domestic Market - **Deep - processing and Feed Enterprises** - The corn inventory of feed enterprises has increased but is lower than the same period last year. As of January 8, the average corn inventory of 47 large - scale feed mills was 30.1 days, a week - on - week increase of 0.18 days and a year - on - year decrease of 6.81% [19]. - Deep - processing consumption has slightly decreased. From January 1 to January 7, 2026, 149 major corn deep - processing enterprises in China consumed 1.3817 million tons of corn, a decrease of 0.11 million tons from the previous week. Deep - processing inventory has increased, and it is expected to continue rising next week. As of January 7, the corn inventory of 96 deep - processing enterprises was 354 tons, a 1.32% increase from the previous week and a 40.5% decrease year - on - year [20]. - **Port Inventories** - The corn inventory at northern ports has decreased, while the grain inventory at southern ports has increased. As of January 2, the corn inventory at the four northern ports was 1.538 million tons, a week - on - week decrease of 75,000 tons and a year - on - year decrease of 2.889 million tons. The shipping volume from the four ports this week was 593,000 tons, a week - on - week decrease of 74,000 tons. In Guangdong Port, the domestic corn inventory was 478,000 tons, an increase of 93,000 tons from the previous week; the foreign - trade inventory was 294,000 tons, a decrease of 30,000 tons from the previous week; the imported sorghum was 107,000 tons, a decrease of 22,000 tons from the previous week; the imported barley was 710,000 tons, a decrease of 5,000 tons from the previous week; and the total grain inventory was 1.589 million tons, a week - on - week increase of 36,000 tons [23]. - **Grain Sales Progress** - The grain sales progress has accelerated. The overall national grain sales progress (including all 13 provinces) is 50%, a 3% increase from the previous week and a 2% increase year - on - year; the sales progress in 7 provinces (Heilongjiang, Jilin, Liaoning, Inner Mongolia, Hebei, Shandong, and Henan) is 48%, a 4% increase from the previous week and a 3% increase year - on - year [26]. - **Starch Market** - The operating rate of deep - processing enterprises has decreased. From January 1 to January 7, the national corn processing volume was 627,900 tons, and the starch production was 324,800 tons, a decrease of 27,000 tons from the previous week. The operating rate was 59.37%, a 0.49% decrease from the previous week [30]. - As North China corn spot prices fall, starch spot prices decline, and by - product prices remain stable, enterprise profits have decreased. This week, the profit per ton of corn in Heilongjiang was - 67 yuan, a decrease of 39 yuan from the previous week, and in Shandong, it was - 6 yuan, a decrease of 3 yuan [30]. - Downstream提货 has decreased, and with the decline in the operating rate, starch inventory has increased. It is expected to continue rising next week. As of January 7, the corn starch inventory was 1.125 million tons, an increase of 2,000 tons from the previous week, a 0.2% increase, a 2.1% increase from the beginning of the month, and a 25.1% increase year - on - year [30]. - **Substitute Products** - The wheat price in North China is basically around 2,490 yuan per ton, showing a weak trend. The price difference between wheat and corn has narrowed. North China corn is weak, while Northeast corn is stable. The price difference between North China and Northeast corn has narrowed, and the price difference between northern port corn and the 05 corn contract has declined [39]. Chapter Three: Weekly Data Tracking - **Livestock and Poultry Breeding** - From January 4 to January 8, the self - breeding and self - raising profit of pigs was 59 yuan per head, a decrease of 3 yuan per head from the previous week, and the profit from purchasing piglets was - 75 yuan per head, an increase of 3 yuan per head from the previous week [43]. - From January 4 to January 8, the breeding profit of white - feather broilers was 1.13 yuan per chicken, compared with 1.24 yuan per chicken last week. The egg - laying hen breeding cost this week was 3.52 yuan per catty, and the breeding profit was - 0.42 yuan per catty, compared with - 0.55 yuan per catty last week [49]. - **Deep - processing Downstream Consumption** - The operating rate of starch sugar: The operating rate of F55 high - fructose syrup this week was 60.77%, a 6.27% increase from the previous week, and the operating rate of maltose syrup was 57.1%, a 5.31% increase from the previous week [52]. - The operating rate of paper mills: The operating rate of corrugated paper this week was 65.86%, a 1.63% increase from the previous week, and the operating rate of containerboard was 66.8%, a 1.86% decrease from the previous week [52]. - **Prices of Corn and Substitute Products** - The report shows the price trends of corn and substitute products such as wheat, sorghum, and their price differences, as well as the price differences between different corn and starch contracts [53][57][61].

1、 null 2、 包括小麦、大麦、大豆、红豆、绿豆、粳米、籼米、玉米和高粱等多种粮食作物。 8、 实验表明，含水量18%—23%的粮食在50—55℃时呼吸作用先迅速增强后急剧下降；而含水量14% —16%的粮食在相同温度下经历数昼夜，呼吸强度基本保持不变。 1、 null 2、 包括小麦、大麦、大豆、红豆、绿豆、粳米、籼米、玉米和高粱等多种粮食作物。 3、 粮食泛指供食用的各类植物种子，常统称为谷物。其富含多种营养成分，主要包括蛋白质、维生 素、膳食纤维、脂肪及淀粉，是人类重要的营养来源之一。 3、 粮食泛指供食用的各类植物种子，常统称为谷物。其富含多种营养成分，主要包括蛋白质、维生 素、膳食纤维、脂肪及淀粉，是人类重要的营养来源之一。 4、 2020年12月10日，国家统计局公布，全年粮食总产量达13390亿斤，较上年增产113亿斤，同比增长 0.9%，实现连续第十七年丰收。 5、 中国农业政策将转向供需平衡与竞争力提升，未来 两至三年内建立以市场定价为核心的农产品价格机制， 并推行以直接补贴为主的农民利益保障体系，推动农业 可持续发展。 6、 粮食收获后，其水分含量对商业利用和种子用途均 具有重要意义 ...