618京东宠物战报发布，行业热度不减

请仔细阅读本报告末页声明 增持（维持）张斌梅执业证书编号：S0680523070007邮箱：zhangbinmei@gszq.com沈嘉妍执业证书编号：S0680524040001邮箱：shenjiayan@gszq.com樊嘉敏执业证书编号：S0680523070008邮箱：fanjiamin@gszq.com1、《农林牧渔：情绪与预期共振，豆粕偏强运行》2025-2、《农林牧渔：5月产能小幅增长，降重稳产利于价格稳定性》2025-06-073、《农林牧渔：降重稳产下的猪价预期重估》2025-06-2024-102025-02农林牧渔沪深300 作者分析师分析师分析师相关研究06-1401 P.2内容目录本周观点............................................................................................................................................................3行情回顾：本周农业跑输大盘2.7个百分点....................................................................................................3本周热点.....................................................................................................................................................4核心观点.....................................................................................................................................................4农业数据跟踪.....................................................................................................................................................5生猪：生猪价格下跌，猪肉价格上涨.............................................................................................................5家禽：毛鸡价格下跌，鸡苗价格下跌.............................................................................................................6大宗：玉米价格上涨，豆粕现货上涨.............................................................................................................8风险提示..........................................................................................................................................................11图表目录图表1：本周农业板块跑输大盘2.7个百分点......................................................................................................3图表2：本周农产品加工板块下跌1.89%............................................................................................................3图表3：本周农林牧渔个股涨跌幅一览（%）......................................................................................................3图表4：本周全国瘦肉型肉猪出栏价14.05元/kg，较上周下跌0.1%....................................................................5图表5：本周猪肉平均批发价20.33元/kg，较上周上涨0.3%..............................................................................5图表6：本周自繁自养头均盈利19.4元/头，外购仔猪头均盈利-186.79元/头 ........................................................5图表7：本周出售仔猪毛利155.34元/头，较上周减少29.37元/头 .......................................................................5图表8：上周全国白条猪肉平均宰后均重91.12公斤，周环比下降0.4%...............................................................6图表9：本周15kg仔猪全国市场价37.47元/公斤，较上周下降3.6%..................................................................6图表10：5月第3周父母代鸡苗价格41.85元/套，周环比下跌4.3%...................................................................6图表11：本周肉鸡苗价格1.86元/只，较上周下跌32.1%...................................................................................6图表12：本周白羽肉鸡平均价7.12元/公斤，较上周下跌2.1%...........................................................................6图表13：本周鸡产品平均价8.65元/公斤，较上周下跌1.1%..............................................................................6图表14：本周父母代种鸡养殖利润-0.89元/只，较上周减少0.88元/只................................................................7图表15：本周屠宰利润-0.8元/只，较上周增加0.11元/只...................................................................................7图表16：本周817鸡苗平均价0.54元/只，较上周持平 .......................................................................................7图表17：本周817肉杂鸡平均价6.23元/公斤，较上周下跌3.7%.......................................................................7图表18：本周国内玉米现货价2417.06元/吨，较上周上涨0.5%.........................................................................8图表19：本周CBOT玉米收盘价442美分/蒲式耳，较上周下跌0.3%..................................................................8图表20：本周国内小麦现货价2441.67元/吨，较上周上涨0.5%.........................................................................8图表21：本周CBOT小麦收盘价582.75美分/蒲式耳，较上周上涨7.3%..............................................................8图表22：本周国内粳稻现货价2892元/吨，较上周持平......................................................................................8图表23：本周CBOT糙米收盘价1374.5美分/英担，较上周下跌0.2%.................................................................8图表24：本周国内大豆现货价3946.32元/吨，较上周持平..................................................................................9图表25：本周CBOT大豆收盘价1060.5美分/蒲式耳，较上周下跌0.7%..............................................................9图表26：本周国内豆粕现货价3015.14元/吨，较上周上涨1.6%.........................................................................9图表27：本周一级豆油现货价8400元/吨，较上周上涨4.5%..............................................................................9图表28：本周国内菜粕现货价2661.53元/吨，较上周下跌1.0%.........................................................................9图表29：本周国内进口四级菜油现货价9936.25元/吨，较上周上涨4.2%............................................................9图表30：本周国内24度棕榈油现货价8863.33元/吨，较上周上涨3.2%...........................................................10图表31：本周BMD棕榈油收盘价4115林吉特/吨，较上周上涨4.8%................................................................10图表32：本周柳州白糖现货价6055元/吨，较上周下跌0.6%......................