Goat cheese, often referred to as chèvre, is a dairy product made from the milk of domesticated goats and is recognized for its distinctive tangy, earthy, and creamy flavor. Unlike cow’s milk cheese, it contains smaller fat globules and lower lactose, making it easier to digest and suitable for individuals with mild lactose sensitivities. Goat cheese is available in a wide range of textures and styles, from soft, fresh, and spreadable varieties to firm, aged, and crumbly types, often enhanced with herbs, spices, or ash coatings. It is a versatile ingredient widely used in salads, baked dishes, spreads, and gourmet cuisines, particularly in Mediterranean and French cooking. Rich in protein, calcium, and essential vitamins, goat cheese combines nutrition with culinary appeal

2026H1猪价延续低迷，行业延续低利润。由于2024年能繁母猪存栏量逐步升高，2025年生猪供应量逐步增加，2025 年生猪价格从年初的16元/kg至四季度跌至11元/kg以下。往后看，2025年前三季度能繁母猪存栏量仍然充足且稳定，我们预 期2026年上半年猪价持续低迷。

Pet care products include a wide range of products that are a necessity for pets. Pet keepers purchase pet care products online and through offline distribution channels.

Molasses, or black treacle (for human consumption; known as molasses otherwise), are a viscous product resulting from refining sugarcane or sugar beets into sugar. Molasses varies by the amount of sugar, method of extraction, and age of the plant. Sugarcane molasses is agreeable in taste and aroma and is primarily used for sweetening and flavoring foods in the US, Canada, and elsewhere, while sugar beet molasses is foul￾smelling and unpalatable. Hence, it is mainly used as an animal feed additive in Europe and Russia, where it is chiefly produced. For calculating the market size, the report includes the retail sales of molasses food and beverage as well as animal feed applications.

Cannabis is a flowering plant of different species, such as cannabis sativa, cannabis indica, and cannabis ruderalis. There are a variety of cannabis plants, of which marijuana and hemp are the two most prominent ones. Cannabis contains two cannabinoids, namely, THC and CBD.

农林牧渔行业：9月上市猪企出栏量同比增加环比下降，售价环比走低－生猪行业动态跟踪报告（月度）

农业行业：双11大促开启，关注宠物国产品牌表现

2025 年 8 月农林牧渔行业表现强于对标指数。根据 Wind 数据统计，2025 年 8 月，农林牧渔（中信）指数上涨 11.6%，在中信一级 30 个行业中排第 9 位；同期沪深 300 指数上 涨 10.3%，农林牧渔跑赢对标指数 1.3 pcts。从子行业来看，8 月 种植板块涨幅居前，水产加工板块跌幅居前。

SW农林牧渔行业略跑输沪深300指数。2025年9月12日—2025年9月25日，SW农林牧渔行业下跌5.07%，跑输同期沪深300指数约6.07个百分点。细分板块中，种植业、动物保健、饲料、农产品加工、养殖业和渔业均录得负收益，分别下跌2.89%、3.59%、4.36%、5.32%、5.95%%和6.73%。估值方面，细分板块中，种植业、动物保健、饲料、农产品加工、养殖业和渔业均录得负收益，分别下跌2.89%、3.59%、4.36%、5.32%、5.95%%和6.73%。

8 月猪价持续下行。2025 年 8 月仔猪、活猪和猪肉均价分别为 33.63 元/公斤、14.35 元/公斤和 24.98 元/公斤，环比变化分别为-5.87%、-3.77%和-1.52%。8 月猪价持续下行均价跌破 14 元/公斤，9 月持续回落，截止 9 月 19 日，全国出栏生猪均价 12.82 元/公斤，已跌至 3 年以内最低水平。供应端：8 月上旬集团场缩量挺价叠加二育试探入场，猪价维持相对景气，而后供应端逐步恢复正常，散户集中出栏，价格回落明显，8 月市场供应压力较大。需求端：8 月高温对消费仍有抑制，白条走货疲软，月末开学季提振有限，供过于求趋势持续。