雨雪天气叠加需求旺季，本周猪价上涨速度加快，据搜猪网，1 月 12日，全国瘦肉型生猪出栏均价 15.13 元/公斤，环比上涨 1.5%。环保等因素导致本轮猪周期补栏速度缓慢，随着年底消费旺季来临，预计猪价仍有上行空间，盈利周期持续超预期。

Dairy processing equipment utilizes the dairy processing technology and systems for processes, such as homogenization, blending, milking, and filling, and for manufacturing dairy products. In dairy farms, the milking process is of utmost importance as it enables the production of pasteurized milk, cream, cheese, butter, and other milk products. Traditional methods of milking animals involved time and laborintensive manual processes carried out by farm workers. In order to cut down on the production time and with a focus on enhancing the yield of output, dairy farmers are adopting automation technologies, such as milking robots.

The global animal feed market is expected to grow at a stable pace during the forecast period. The increasing awareness of the health benefits of animal feed is driving this market. Also, the increased per capita consumption of meat at a global scale, mostly because of the increase in the overall population, is contributing to the demand for animal feed. The market is also witnessing an increasing demand for feed enzymes. However, the irregular inspection by regulatory authorities of the mixing of feed by farmers acts as the major challenge for the market's growth.

在日前召开的全国农村集体资产股份权能改革试点工作总结交流会上，农业部副部长叶贞琴透露，下一步农村集体产权改革将集中在三大重点上：一是全面开展清产核资，中央对这项工作有明确的要求，清产核资从今年开始，到 2019年底要基本完成；二是扩大改革试点范围，在前期已经分两批选择 129 个县开展试点的基础上， 2018 年将试点县增加到 300 个，并选择 50 个改革基础较好的地市和个别省开展整省整市试点，力争到 2021 年底基本完成改革；三是通过农村集体产权制度改革，建立健全集体经济组织，创新集体经济运行机制，探索集体经济发展路径。

“猪周期”的循环轨迹一般是：猪价上涨—母猪存栏量大增—生猪供应增加（过剩）—猪价下跌—大量淘汰母猪—生猪供应减少（短缺）—猪价上涨。猪肉价格上涨刺激养殖户积极性造成供给增加，供给增加造成猪价下跌，下跌打击了农民积极性造成供给短缺，供给短缺又使得肉价上涨，周而复始，这就形成了所谓的“猪周期”。

本期农林牧渔指数下跌 1.28%，同期沪深 300 指数下跌 0.59%，行业跑输沪深 300 指数 0.69 个百分点，在申万 28 个行业中排名第 22 位。分子板块看，本期其他种植业和动物保健板块表现较好，环比分别上涨 2.19%、1.72%，相对沪深 300 指数分别获得 2.78%、2.31%的超额收益。

农牧企业高速扩张养猪业务：以大北农、新希望为代表的饲料公司加大养猪业务投资力度，以牧原股份为代表的养殖公司实现产能爆发式增长。