The A-share animal husbandry plate fluctuates higher.Sbo99slot, as of 11Sbo99slot: 05, animal husbandry ETF (159867) rose by more than 1Sbo99slot.2%, which is expected to hit 10 Lianyang; livestock ETF (159867) has risen by more than 21% since the bottom of February 6.

Animal husbandry plate rose, on the news side, supported by raw materials, the price of pork with white strips showed a strong trend last week. As of May 11, the national average price of lean pork with white strips was 19.17 yuan / kg, up 0.16 yuan / kg from the beginning of last week.

The Open Source Securities Research News points out that the inflection point of the pig cycle is approaching, and when the potential layout is just right, its logic is based onSbo99slot:

1. The number of energy production columns in China has dropped to 39.92 million in March 2024, and 9.1% has been removed since the high point in December 2022 (8.5% in the last round). This round is enough to support a large-scale cycle reversal.

2. The transmission of non-plague influence in northern China from September to November in 2023, the pig price is not light in the weak season in 2024, the trend of rolling entry is strengthened, the southern rainy season in the following year of El Ni ñ o in 2024 is non-plague or more serious than usual, and the logic of pig cycle reversal is strengthened month by month.

3. The capital pressure of the industry is still greatly superimposed on the impact of production rhythm, and the current support cycle can not be sustained on the basis of substantial production.

Founder Securities believes that pig prices have entered a slow upward trend. Whether the pig price does not fall under the early weight reduction, or the recent sudden jump, it reflects that the fundamentals of pig supply and demand are gradually alleviating, and pig prices will tend to rise in the future. In the absence of extreme emotions, pig prices will show a slow upward trend in May and June.