通知要求，著力稳定肉牛奶牛基础产能，要求各地加快实施基础母牛扩群提质项目，培育奶牛家庭牧场和奶农合作社等新型经营主体。有效降低养殖场户饲草成本，用好用足粮改饲支持政策，加快推进优质饲草收储进度;实施好草原畜牧业转型升级整县推进项目，提高项目建设质量。The dairy sector collectively opened higher, as of the time of publication, Mengniu Dairy (02319) rose by 14.94%, closing at HK$18.46; China Feihe (06186) rose by 8.08%, closing at HK$5.44; Youran Agriculture (09858) rose by 7.42%, closing at HK$1.426; Modern Dairy (01117) rose by 6.82%, closing at HK$0.949.
According to the Wise Financial APP, the dairy sector collectively opened higher, as of the time of publication, Mengniu Dairy (02319) rose by 14.94%, closing at HK$18.46; China Feihe (06186) rose by 8.08%, closing at HK$5.44; Youran Agriculture (09858) rose by 7.42%, closing at HK$1.426; Modern Dairy (01117) rose by 6.82%, closing at HK$0.949.
On the news front, the Ministry of Agriculture and Rural Affairs and seven other departments issued a notice to promote beef and dairy consumption, scientifically promote the quality and nutritional value of fresh beef and fresh milk, promote 'student milk consumption,' encourage areas with conditions to stimulate milk consumption through methods such as distributing consumer vouchers.
The notice requires efforts to stabilize the basic capacity of beef and dairy cattle, accelerate the implementation of projects to expand and improve the quality of basic breeding cows in various places, cultivate new types of operation entities like dairy family ranches and dairy farmer cooperatives.
CITIC Securities previously stated that in 2024, the surplus of milk sources will continue, and the inflection point of raw milk prices may appear by the end of the year, with the surplus of milk sources impacting dairy companies less than in 2023. Soochow Securities pointed out that with the worsening profitability of the upstream, destocking is expected to accelerate, and the industry's supply and demand contradictions in Q4 of 2024 are expected to marginally improve.
