Report summary:
On Friday, the average selling price of three yuan pigs abroad was 12.50 yuan / kg, up 0.24% from last Friday. On Friday, the average price of Sanyuan piglets sold outside 15kg nationwide was 26.35 yuan / kg, up 3.99% from last Friday. Pig prices continued to adjust slightly this week. On March 3, the bidding transaction of the first batch of central reserve pork purchase and storage in 2022 was launched, and the first batch of second central reserve pork purchase and storage was launched on March 4. After the collection and storage work has been started one after another, the recent decline in pig prices has narrowed significantly, dominated by shock adjustment, and there are signs of a slight rebound in the northern region. However, we believe that the recent oversupply situation has not been reversed. The short-term pig price is expected to be dominated by bottom shocks, and there is still room for a slight downward exploration. Superimposed with the sharp rise in feed prices caused by the current large Shenzhen Agricultural Products Group Co.Ltd(000061) comprehensive price rise, the breeding cost remains high, and the continuous loss will further promote the industry to take the initiative to reduce production capacity, which will further strengthen our expectation of starting the next round of rise in 22 years. At the current time point, we continue to focus on the pig breeding sector, focusing on Wens Foodstuff Group Co.Ltd(300498) , Tecon Biology Co.Ltd(002100) , Beijing Dabeinong Technology Group Co.Ltd(002385) , etc. Premier Li Keqiang proposed in his government work report on the 5th that we should pay great attention to agricultural production and promote the all-round revitalization of rural areas. We will improve and strengthen agricultural support policies, continue to promote the development of poverty-stricken areas, and promote bumper agricultural harvests and increase farmers’ income. In particular, it emphasized the need to strengthen the grain and other important industries to ensure stable production and supply, accelerate the revitalization of the seed industry, and strengthen the research, popularization and application of agricultural science and technology. We will strengthen the regulation of pig production capacity and pay close attention to the production and supply of livestock, poultry, aquatic products and vegetables. It is suggested to pay attention to the continuous catalysis in the field of biological breeding brought by the improvement of the prosperity of the planting industry and the revitalization of the seed industry. It is suggested to pay attention to Beijing Dabeinong Technology Group Co.Ltd(002385) , Yuan Longping High-Tech Agriculture Co.Ltd(000998) , Jiangsu Provincial Agricultural Reclamation And Development Co.Ltd(601952) , Shandong Denghai Seeds Co.Ltd(002041) , Winall Hi-Tech Seed Co.Ltd(300087) , etc. with technical advantages in the field of biological breeding.
Market review:
Among the sub industries of agriculture, forestry, animal husbandry and fishery this week, the weekly increases and decreases are as follows: planting industry 4.62%, livestock and poultry breeding 4.19%, feed 3.67%, animal health care 2.22%, fishery 2.12% and Shenzhen Agricultural Products Group Co.Ltd(000061) processing 1.11%. Among the companies in agriculture, forestry, animal husbandry and fishery industry this week, the top five companies are: Hainan Shennong Technology Co.Ltd(300189) 15.19%, Shandong Bailong Chuangyuan Bio-Tech Co.Ltd(605016) 15.10%, Wanxiang Doneed Co.Ltd(600371) 14.93%, Shenzhen Kingsino Technology Co.Ltd(002548) 13.84%, Hunan New Wellful Co.Ltd(600975) 13.05%; The top five companies are: Shandong Oriental Ocean Sci-Tech Co.Ltd(002086) -3.46%, ST jinggu-3.84%, St tianshan-4.47%, Lontrue Co.Ltd(300175) -11.52%, Angel Yeast Co.Ltd(600298) -14.31%.
Key tracking:
1. Muyuan announced the signing of a comprehensive strategic cooperation agreement with Henan Branch of Agricultural Bank of China: on February 28, Muyuan Foods Co.Ltd(002714) announced that the company and Agricultural Bank Of China Limited(601288) Henan Branch of China signed a comprehensive strategic cooperation agreement on February 26 to establish a long-term strategic partnership.
Key recommendations:
[key recommendations] Wens Foodstuff Group Co.Ltd(300498) , Beijing Dabeinong Technology Group Co.Ltd(002385) , Yuan Longping High-Tech Agriculture Co.Ltd(000998) , Guangdong Haid Group Co.Limited(002311) , Jinyu Bio-Technology Co.Ltd(600201)
[suggestions for attention] Tecon Biology Co.Ltd(002100) , Jiangxi Zhengbang Technology Co.Ltd(002157) , Yantai China Pet Foods Co.Ltd(002891) , Petpal Pet Nutrition Technology Co.Ltd(300673) , Wuhan Keqian Biology Co.Ltd(688526)
Risk tips: the risk of livestock and poultry price fluctuation, the impact of extreme weather, the impact of animal diseases, etc.
