[Pig companies bid farewell to the "gambling cycle" and consumption stratification reshapes the logic of industrial upgrading] October 24th: Pig prices rise and fall, production capacity increases and decreases, and the performance of breeding companies rises and falls in one cycle after another. After several rounds of baptism, the industry discourse system is quietly changing. From October 22 to 23, at the 2026 International Pork Development Forum held in Zhengzhou, Henan, the change in consumer demand became a hot topic, and the focus of enterprises shifted from "how many pigs to raise" to "what value this pig can create for consumers." Although the cycle still exists, China's pork consumption is bidding farewell to the era of total volume expansion and entering a new stage of quality stratification and value reconstruction. Enterprises are no longer obsessed with predicting the rise and fall of pig prices, but are promoting full-link value reconstruction along breeding, processing, branding, and channels, and using product strength to hedge against cyclical fluctuation risks. (Securities Times)