Manufacture of food consisting chiefly of fruit or vegetables, except ready-made dishes in frozen or canned form Preserving of fruit, nuts or vegetables: freezing, drying, immersing in oil or in vinegar, canning etc. Manufacture of fruit or vegetable food products Manufacture of fruit or vegetable juices Manufacture of jams, marmalades and table jellies Processing and preserving of potatoes: Manufacture of prepared frozen potatoes

Grain milling: production of flour, groats, meal or pellets of wheat, rye, oats, maize (corn) or other cereal grains Rice milling: production of husked, milled, polished, glazed, parboiled or converted rice; production of rice flour Vegetable milling: production of flour or meal of dried leguminous vegetables, of roots or tubers, or of edible nuts Manufacture of cereal breakfast foods Manufacture of flour mixes and prepared blended flour and dough for bread, cakes, biscuits or pancakes

This data equals output data for the following ISIC Rev. 4 code: 1200 Manufacture of Tobacco Products This class includes: Manufacture of tobacco products and products of tobacco substitutes: cigarettes, cigarette tobacco, cigars, pipe tobacco, chewing tobacco, snuff Manufacture of "homogenized" or "reconstituted" tobacco Stemming and redrying of tobacco This class excludes: Growing or preliminary processing of tobacco, see ISIC Code - 0115, ISIC Code - 0163 The data is given at producers' prices.

Manufacture of starches from rice, potatoes, maize etc. Wet corn milling Manufacture of glucose, glucose syrup, maltose, inulin etc. Manufacture of gluten Manufacture of tapioca and tapioca substitutes prepared from starch Manufacture of corn oil

Manufacture of prepared feeds for pets, including dogs, cats, birds, fish etc. Manufacture of prepared feeds for farm animals, including animal feed concentrates and feed supplements Preparation of unmixed (single) feeds for farm animals Treatment of slaughter waste to produce animal feeds

canning etc. Production of fish, crustacean and mollusc products: cooked fish, fish fillets, roes, caviar, caviar substitutes etc. Production of fishmeal for human consumption or animal feed Production of meals and solubles from fish and other aquatic animals unfit for human consumption Activities of vessels engaged only in the processing and preserving of fish Processing of seaweed

假期猪价实现9 连涨，10 月9 日全国均价达到26.35 元/公斤，相较于9 月30 日 上涨2.03 元/公斤，累计涨幅达到8.35%。我们认为短期猪价连续上涨的核心因 素在于市场缺猪叠加部分非市场因素扰动： ①市场缺猪是关键。一方面市场肥猪需求增加但猪源供应有限，寒冷天气下市 场对带膘肥猪需求逐渐增加，屠企收购肥猪做库存的意愿提高，但本地大肥猪货 源紧张，屠企被迫提高收购价，标肥价差进一步扩大。另一方面二次育肥争抢猪 源加剧标猪供应压力。养殖户看好11、12 月旺季行情，二次育肥户与屠企争抢 标猪，分流部分本应上市屠宰的猪源，加剧了供应紧张的局面。 ②非市场因素助涨猪价。国庆假期部分屠宰场放假，整体开工率较低，养殖户 因放假出栏也受到影响，生猪调运存在防疫和交通压力，导致生猪上市量有限， 屠宰场收猪难度加大。 十一收假后，散户出栏积极性或增加，而需求端离传统的腌腊、灌肠等消费旺季 尚有时日，缺乏有力的利好支撑，猪价或以企稳为主。

节后猪价维持强势，建议重点关注温氏股份、巨星农牧、天康生物、东瑞股份、中粮家佳康、唐人神、新五丰、傲农生物、新希望、天邦食品等。黄鸡景气向上，建议重点关注立华股份等。动保需求有望持续回升，建议重点关注普莱柯、科前生物等。