Global food prices continue to rise, and institutions remain optimistic about the upward trend in agricultural products. The Farmer and Livestock ETF tracked index by Jianxin Securities closed up 2.40%.

As of the close on April 7, 2026, the CSI Agricultural and Livestock Thematic Index (931778) rose 2.40%. Among constituent stocks, Muyun Shares rose 10.06%, Lutianhua rose 10.02%, Juxing Agriculture and Livestock rose 7.85%, while individual stocks such as Jiangshan Shares and Runfeng Shares all rose.

On April 3, the Food and Agriculture Organization of the United Nations (FAO) released a report stating that in March 2026, the global food price index rose 2.4% month over month, marking the second consecutive month of increases. The main reason is that conflicts in the Middle East pushed up energy prices, thereby raising agricultural production and transportation costs. Data show that in March, the FAO food price index was 128.5 points, up 1.0% year over year. The FAO said that rising energy and fertilizer prices are increasing agricultural input costs. If the duration of the conflict is extended, farmers may reduce fertilizer use, shrink the planting area, or switch to low-input crops, and future global food production and global food price trends will be affected.

Guotai Junan Securities said it continues to look favorably on the upward trend of agricultural products. With the Middle East regional conflict continuing, international energy markets have seen large fluctuations. Rising energy prices typically improve the economic viability of biodiesel, which increases expectations for demand for plant oil feedstocks. In the near term, prices of major agricultural commodities have remained at high levels. It continues to expect that 2026’s food price upside will benefit planting companies, quality seed companies, and companies with advantages in agricultural product processing.

Chuangxin Securities believes that the hog industry is laying out ahead of the bottom: efficiency is better than growth, and quality is better than scale. At present, valuation levels for the hog farming sector are at a relatively low position, with sufficient margin of safety. In addition, as the marginal contribution of feedstock raw material prices to cost reduction weakens, the replacement of pig breeding lines enters the final stage, and pig disease prevention and control becomes normalized, the industry’s move toward cost reduction and efficiency gains is entering deep waters.

The Jiankxin Agricultural and Livestock ETF (159616) closely tracks the CSI Agricultural and Livestock Thematic Index. The index selects securities of 50 listed companies whose businesses involve related areas such as grain planting, seed production, pesticides and fertilizers, agricultural machinery, livestock breeding, feed production, and animal health care, as constituent samples, to reflect the overall performance of listed securities in the agricultural and livestock theme.