According to the CITIC Construction Investment Research Report, the price of loose milk has recently overtaken the contract price, the daily powdered fresh milk has been reduced to its lowest level in 2 years, the price of milk in the main production areas has rebounded slightly, and there are obvious signs of a reversal in the raw milk cycle. As the upstream continues to degrade, it is expected that raw milk production will gradually shrink, downstream deep processing capacity will be put into operation to increase demand. They are optimistic that raw milk prices will begin a period of moderate increase. Leading Animal Husbandry Group will have flexible performance and recommend excellent animal husbandry. During the period of rising milk prices, the competitiveness of liquid milk companies increased, upstream related impairment decreased, and investment returns increased, which is beneficial to performance improvement.

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