The breeding ETF Penghua rose nearly 1%, and the country continues to carry out central frozen pork reserve collection and storage.

Ask AI · How to accelerate the process of capacity reduction in live pig production through frozen pork storage?

On the news front, the National Development and Reform Commission, Ministry of Commerce, and Ministry of Finance will soon carry out the second batch of central frozen pork reserves this year, requiring localities to synchronize storage and better play the role of reserves in regulation. Next, the National Development and Reform Commission and other departments will continue to closely monitor the live pig market dynamics, increase storage efforts, strengthen comprehensive capacity regulation, guide breeders to reasonably plan production and operations, and promote stable market operation.

Shenwan Hongyuan Research believes that the significant acceleration of the capacity reduction process for breeding sows will be driven by the simultaneous losses in fat pigs and piglets, and it is expected that capacity reduction has already restarted, with the cycle reversal’s left-side investment logic continuously solidifying. The sector’s valuation and holdings are at historical lows, showing strong allocation value.

As of 09:41 on April 2, 2026, the CSI Livestock Breeding Index (930707) increased by 0.74%, with constituent stocks such as Muyuan Foodstuffs up 3.99%, China Animal Husbandry Group up 3.17%, Tainong Biological up 1.64%, Muyuan Shares up 1.61%, and Xiangjia Shares up 1.46%. The Penghua Livestock Breeding ETF (159867) rose 0.82%, with the latest price at 0.62 yuan.

The Penghua Livestock Breeding ETF closely tracks the CSI Livestock Breeding Index, which selects listed companies involved in livestock feed, veterinary drugs, and livestock farming as samples to reflect the overall performance of livestock and poultry-related listed companies.

Data shows that as of March 31, 2026, the top ten weights in the CSI Livestock Breeding Index (930707) are Wen’s Shares, Haida Group, Muyuan Shares, Zhengbang Technology, Meihua Biological, New Hope, Biological Shares, North Dairies, Sanong Development, and Lihua Shares, with the top ten weights accounting for 67.68%.