来源：市场资讯 11月7日，河北邢台制粉企业新普麦净粮进厂价1.24～1.258元/斤，山东菏泽1.267～1.277元/斤，河南新 乡1.27～1.285元/斤，江苏徐州1.245～1.268元/斤，安徽亳州1.268～1.27元/斤，周环比出现0.003～0.007 元/斤的小幅调整。 据分析，麦价再现震荡调整的原因：一是随着小麦价格重心持续上移，惜售情绪有所松动，部分贸易商 获利出库增多，市场短期供应紧张局势缓解；二是下游面粉需求平稳，麸皮行情疲软，制粉企业提价意 愿下降；三是托市小麦拍卖重启传言不断，一定程度上也影响市场心理。 （来源：南方小麦网） 原标题：麦市行情"变脸"，是调整还是拐点？ 来源：南方小麦网 进入11月以来，传言的最低收购价小麦拍卖并未如期而至，而一直上行的小麦行情却突现"变脸"。随着 麦价涨至1.24～1.29元/斤区间，上涨节奏不仅明显放缓，而且局部出现不同程度下跌。是短期阶段性的 调整，还是行情拐点的来临？ 监测显示，截至11月7日，主产区制粉企业国标二等普通小麦进厂价为2480～2550元/吨，部分价格周环 比有10元/吨左右的小幅回落。近日麦价冲高回调，应属前期快速上涨后的 ...

Group 1: Pork Market - The average price of external three yuan pigs in China decreased to 14.05 yuan/kg, a week-on-week decline of 2.90% [2] - The average price of 15 kg piglets fell to 34.51 yuan/kg, down 2.38% week-on-week [2] - The market sentiment is weak due to sluggish post-holiday consumption demand and low demand for large pigs, leading to a continued strong supply and weak demand scenario [2] Group 2: Poultry Market - The price of white feather broilers is 7.32 yuan/kg, down 0.68% week-on-week, while chick prices are at 2.84 yuan/bird, a decrease of 1.05% [3] - The increase in frozen chicken inventory has reduced the purchasing enthusiasm of slaughter enterprises, resulting in a weak price for broilers [3] - The decline in broiler prices, combined with high summer temperatures, has led to a slowdown in orders for chicks [3] Group 3: Agricultural Products - The average spot price of corn increased to 2387.84 yuan/ton, a rise of 0.34% week-on-week, while soybean meal and wheat prices fell by 1.50% and 0.86%, respectively [4] - The supply of corn is tight in North China, but the new wheat harvest is putting pressure on the corn market [4] - The soybean meal supply is ample due to high production expectations from Argentina and the end of the Brazilian soybean harvest [4] Group 4: Natural Rubber Market - The domestic natural rubber futures price is 13695 yuan/ton, reflecting a week-on-week decrease of 1.05% [5] - Supply disruptions due to weather conditions are expected to recover, but the overall market sentiment remains weak due to limited demand growth [5] - The production capacity utilization rate of tire companies is lower than the same period last year, indicating weak demand [5]

Group 1 - The purchase price of third-grade corn in China has increased by 50 to 80 yuan per ton, while bran prices have risen by 250 to 300 yuan per ton [1] - The USDA reported that private exporters sold 120,000 tons of corn to Spain, scheduled for delivery in the 2024/2025 marketing year [1] - As of April 27, the EU's corn import volume for the 2024/25 year reached 17.051 million tons, compared to 15.373 million tons during the same period last year [1] Group 2 - According to Fangzheng Zhongqi Futures, the South American corn harvest is creating short-term pressure, but strong U.S. corn export performance is mitigating the impact of concentrated supply [2] - Domestic corn market shows signs of tightening supply due to reduced deep processing consumption and wheat substitution, but strong support remains from high wheat prices and low farmer inventories [2] - Guotai Junan Futures indicates that domestic corn prices are expected to strengthen due to declining port inventories and reduced wheat production, while policy grain releases may limit upward price movement [2]

Industry Overview - The company operates in the kitchen food and feed raw materials and oil technology sectors, focusing on the agricultural and food processing industry chain to provide nutritious, healthy, safe, and high-quality grain and oil products [1][4] - The edible oil industry in China has shown stable development with significant market opportunities due to rising consumer income levels and demand for high-quality products [1][2] - The rice industry remains robust, with a projected production of 208 million tons in 2024, although overall consumption growth has not met expectations [1][2] - The flour industry is experiencing stable consumption, with a shift towards specialized and high-quality products, despite a decline in overall demand for staple foods [1][2] Company Position - The company is a key player in the domestic agricultural and food processing sector, owning several well-known brands such as "Golden Dragon Fish" and "Hu Jihua" [3][4] - The company has been recognized for its quality, receiving a nomination for the China Quality Award and ranking in the BrandFinance 2024 global food brands list [3] Business Operations - The company's main business includes the research, production, and sales of kitchen foods, feed raw materials, and oil technology products, with no significant changes reported during the period [4][5] - The product range encompasses edible oils, rice, flour, seasonings, and various feed raw materials [5] Future Outlook - The company anticipates that China will become the largest and most diverse high-quality food market, driven by continuous consumer demand for health and quality [6] - The company plans to leverage its strengths in branding, channels, scale, and R&D to expand its market presence and product offerings [6] - The company aims to enhance its operational efficiency through digital transformation and lean management practices [6] - The company is committed to sustainable development and aims to build a green and low-carbon ecosystem while ensuring product quality and safety [6]