Shenwan Hongyuan: Agricultural product prices are expected to continue rising in the second half of the year; three key investment themes are recommended.

The darkest phase of the hog cycle has passed, but losses and production capacity contraction continue to accumulate, with both the certainty and magnitude of the turning point strengthening.

Zhitong FinanceJun 10 10:35

Guotai Haitong Securities: Breeding sow capacity for hogs declined at an accelerated pace in May; pet industry—recommend attention to branded new products

The bank remains optimistic about the positive impact of favorable grain prices in 2026 on crop producers, high-quality seed companies (such as Kangnong Seed with its heat-tolerant corn varieties), and agro-processing firms with competitive advantages.

Zhitong FinanceJun 8 09:15

Shennong Group (605296.SH): Commodity Pig Sales Revenue in May Was RMB 363 Million, Down 11.25% Year-on-Year

Shennong Group (605296.SH) announced that in May 2026, the company sold 308,400 market hogs, representing a year-over-year change of +37.13% (including 57,400 market hogs sold to the Group's internal slaughtering enterprises). Revenue from market hog sales amounted to RMB 363 million, reflecting a year-over-year change of -11.25%. The average selling price of market hogs was RMB 9.12 per kilogram, up 5.43% month-over-month.

Zhitong FinanceJun 5 15:56

Huaan Securities: Deep losses combined with production capacity adjustments—recommend the hog farming sector.

Persistent industry losses, coupled with the gradual implementation of relevant regulatory policies, are expected to lead to significant inventory reduction in the sector.

Zhitong FinanceMay 22 16:05

China Merchants Securities: Decline in pork prices weighs on profitability; leading feed enterprises shine

At the bottom of the cycle, it is recommended to seize the opportunity to enhance the intrinsic value of leading pig farming enterprises and expand the growth potential of leading feed enterprises through overseas expansion.

Zhitong FinanceMay 18 13:44

Express News | Favorable legal and policy developments are boosting the agricultural sector; investors should pay attention to the E Fund Agricultural ETF (562900) and its investment appeal.

BreakingsMay 14 17:34