Galaxy Securities: Pig prices may rebound somewhat this year; recommended to focus on leading pig farming companies.

Jingjing Daily AI Flash: A research report from China Galaxy Securities said that after the Spring Festival, hog prices continued to fall, breaking below 11 yuan/kg in early March. Against the backdrop of worsening losses, industry production capacity may decline more quickly. Regarding the hog price outlook for 2026, on an annual average basis it may show a year-over-year downward trend. During the year, depending on how much the winter disease outbreak affects it, hog prices may rebound to some extent. It is recommended to actively watch excellent hog enterprises that have leading, sustained positive fundamentals in terms of cost control, relatively healthy funding conditions, and reasonable valuations.

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