The surge in commodity prices has spread to agricultural products, with the CSI Agriculture Theme Index rising nearly 2% in the afternoon

The surge in commodity prices has spread to agricultural products, with the agricultural sector showing unusual movements in the afternoon, and the China Securities Agriculture Theme Index rising by 1.83%. The increase in crude oil prices has led to a rise in the costs of basic chemical raw materials, affecting the order-taking and pricing of pesticide manufacturers. The prices of raw materials for pig farming may be revised upwards, with policies emphasizing the regulation of pig production capacity. In the long term, high crude oil prices will boost the demand for bioenergy, and the upward trend in grain prices has been established, revealing opportunities for planting/seeds allocation. Investors may pay attention to the Tianhong CSI Agriculture Thematic ETF