Livestock ETF(159867) rises over 3.1%, relevant departments hold a meeting to strengthen comprehensive regulation of pig production capacity

In the news, relevant departments convened a meeting with several pig enterprises this week, focusing mainly on joint farming and capacity regulation, with an emphasis on the accuracy of early warning information. The meeting highlighted: 1. the implementation of capacity regulation targets set by each pig enterprise for 2025; 2. the establishment of a filing system to further strengthen the precision of capacity regulation; 3. the breeding sow inventory may continue to be reduced to 36.5 million heads.

In brokerage research, Changjiang Securities pointed out that reviewing the loss cycle in 2023, it took 8 months of losses for commercial pigs before piglets entered losses, and piglets and commercial pigs only experienced 4 months of simultaneous losses. Currently, the combined loss period has exceeded 4 months. The duration of double losses for piglets and commercial pigs in this cycle is expected to surpass that of 2023 (which had a cumulative loss period of about 10%). The Ministry of Agriculture reiterated this week that the breeding sow inventory target needs further reduction. Under both active and passive factors, the rate of reduction may accelerate compared to the first quarter.

As of 13:18 on March 6, 2026, the China Securities Cow and Sheep Farming Index (930707) surged 3.33%, with constituent stocks such as Xiangjia Co., Ltd. up 10.00%, Juxing Agriculture up 6.38%, Andy Su up 5.49%, Lihua Co., Ltd., Muyuan Foods, and others following suit. The Livestock ETF (159867) increased by 3.15%, with the latest price at 0.65 yuan.

The Livestock ETF closely tracks the China Securities Cow and Sheep Farming Index, which selects listed companies involved in livestock feed, veterinary medicines, and breeding operations as samples to reflect the overall performance of livestock-related listed companies.

Data shows that as of February 27, 2026, the top ten holdings of the China Securities Cow and Sheep Farming Index (930707) are Hainan Big Group, Muyuan Foods, Wen’s Food Group, Zhengbang Technology, Meihua Biological, New Hope, Biological Co., Ltd., North Dairies, Shengnong Development, and Lihua Co., Ltd., with the top ten holdings accounting for 66.76% of the total.