Guangdong Province will start the reserve collection of frozen pork, and the agricultural ETF Huaxia is laying out low-cost investments in leading livestock breeding companies

As of March 13, 2026, 15:00, the China Securities Agricultural Theme Index (000949) component stocks showed mixed performance, with Andisoo leading the gains at 7.74%, COFCO Technology rising by 4.60%, and Batian Co., Ltd. increasing by 3.93%; Yasheng Group led the declines. The latest quote for the Agricultural ETF Huaxia (516810) is 0.94 yuan. Looking at a longer time frame, as of March 12, the net value of the Agricultural ETF Huaxia has increased by 39.58% over the past year. In terms of net capital inflow, the Agricultural ETF Huaxia has seen continuous net inflows for the past 8 days, with the highest single-day net inflow reaching 17.5114 million yuan, totaling 60.7709 million yuan in "capital absorption," with an average daily net inflow of 7.5964 million yuan. On the news front, according to the Guangdong Provincial Price Monitoring Center, the average pig-to-grain price ratio in the province on March 11 was 4.67:1, entering the excessive decline early warning zone set by the joint issuance of the "Guangdong Province Improvement of Government Pork Reserve Adjustment Mechanism to Ensure Pork Market Supply and Price Stability Work Plan" by five departments including the Guangdong Provincial Development and Reform Commission. Guangdong Province will initiate the reserve collection of frozen pork to promote stable operation of the live pig market. Huayuan Securities pointed out that cash flow in cyclical bottom industries continues to decline, and pessimistic expectations accelerate capacity reduction, making it an opportune time to position on the left side of the pig cycle. Currently, the pig farming industry is at the bottom of the cycle, with the peak season not being strong, and after a brief profit from self-breeding and self-raising, it is facing deep losses again, while supply-side pressures continue to increase, and the enthusiasm for piglet replenishment is waning earlier. The industry may face a dilemma of simultaneous deep losses in both meat pigs and piglets in the second quarter. Historical cycle experience indicates that deep losses in the industry for a consecutive quarter, along with the "depth" and "duration" of losses, continuously consume industry cash flow, which is often an important precursor to a new upward cycle. It is recommended to pre-allocate quality leading breeding enterprises during the industry's low prosperity phase. In terms of fees, the management fee rate for the Agricultural ETF Huaxia is 0.50%, and the custody fee rate is 0.10%. The Agricultural ETF Huaxia (516810) closely tracks the China Securities Agricultural Theme Index, fully covering leading enterprises across the entire agricultural industry chain, including agricultural products, pesticides and fertilizers, animal husbandry, and agricultural machinery. It can fully capture the benefits of the current round of agricultural material price increases and rising agricultural product prices, as well as capture the elasticity of the pig cycle reversal. Additionally, it has a strong defensive attribute with balanced distribution, making it more suitable as a core allocation tool for the agricultural sector. Data shows that as of February 27, 2026, the top ten weighted stocks in the China Securities Agricultural Theme Index (000949) are Muyuan Foods, Wens Foodstuff Group, Salt Lake Industry, Haida Group, Zangge Mining, Yara International, Zhengbang Technology, Meihua Biological, New Hope Liuhe, and Yangnong Chemical, with the top ten weighted stocks accounting for a total of 61.09%. The Agricultural ETF Huaxia (516810) has off-exchange connections (Huaxia China Securities Agricultural Theme ETF Initiated Connection A: 016077; Huaxia China Securities Agricultural Theme ETF Initiated Connection C: 016078; Huaxia China Securities Agricultural Theme ETF Initiated Connection D: 024273)