Group 1 - The core viewpoint of the article highlights the market price trends of soybean meal, specifically for processing purposes, indicating a year-on-year decline and a month-on-month increase in price [1] - The market price of soybean meal (with crude protein content ≥43%) in late July 2025 is reported at 2934.3 yuan/ton, reflecting a decrease of 3.99% compared to the same period last year [1] - In contrast, the price reached its peak in late July 2023 at 4405.6 yuan/ton, marking the highest level in the past five years for the same period [1]

Domestic News - The Ministry of Agriculture and Rural Affairs of China signed memorandums with Uruguay to deepen agricultural cooperation, including the establishment of a demonstration farm and a joint laboratory for sustainable beef production [1] - The 25th China International Investment and Trade Fair will be held from September 8-11, 2025, in Xiamen, with the UK as the guest country and Jiangsu Province as the guest province [1] Market Prices - According to the National Bureau of Statistics, in mid-May 2025, 24 out of 50 monitored important production materials saw price increases, while 24 experienced declines, and 2 remained stable. The price of live pigs (external three yuan) was 14.7 yuan/kg, down 0.7%, and soybean meal (crude protein content ≥43%) was 3026.6 yuan/ton, down 6.6% [2] - The Shanghai Shipping Exchange reported that shipping demand remains high, with market freight rates continuing to rise. As of May 23, the export freight rates from Shanghai to the West and East coasts of the US were $3,275/FEU and $4,284/FEU, respectively, up 6.0% and 5.3% from the previous period [2] International Cooperation - The China-Shanghai Cooperation Organization local economic and trade cooperation demonstration zone held a cultural and tourism economic promotion meeting in Kathmandu, Nepal, signing two cooperation agreements to expand practical cooperation in tea trade and cultural tourism exchanges [4] Cultural Industry - The 21st China (Shenzhen) International Cultural Industry Expo opened with Guangdong announcing a policy package to support high-quality development in the cultural industry, aiming to establish Guangzhou and Shenzhen as "International Performing Arts Twin Cities" [3] - Shenzhen hosted a cultural industry investment promotion meeting, releasing two policy packages to support the digital creative industry and performing arts [3] Technological Innovation - An innovative team from a private enterprise in Zhejiang and two universities achieved a breakthrough in the coating technology for perovskite solar cell materials, enabling stable mass production of square meter-level perovskite components, marking a transition from laboratory to large-scale application [3]

Core Insights - The National Bureau of Statistics reported a 0.7% decrease in live pig prices in mid-May compared to early May, with the price at 14.7 yuan per kilogram [1] - The report indicated that among 50 monitored important production materials, 24 prices increased, 24 decreased, and 2 remained unchanged [1] - Soybean meal prices also saw a significant decline, dropping by 6.6% to 3026.6 yuan per ton [1] Price Trends - Live pig prices: 14.7 yuan/kg, down 0.7% [1] - Soybean meal prices: 3026.6 yuan/ton, down 6.6% [1] - Overall price movement: 24 products increased in price, while 24 decreased [1]

Group 1 - The core point of the article indicates that the price of live pigs has decreased by 0.7% in early May compared to late April, with the current price at 14.8 yuan per kilogram [1] - The monitoring of prices for 50 important production materials shows that out of these, 12 products have seen price increases, while 32 have decreased, and 6 remained stable [1] - The price of soybean meal (with a crude protein content of ≥43%) has dropped significantly by 12.9%, now priced at 3241.2 yuan per ton [1]