Egg prices rose 2 or 3 cents a day, the second quarter of newly registered egg and chicken enterprises increased 55% month-on-month, experts forecast 8.

Egg purchase prices rose by more than 60% month-on-month in a month, according to the Ministry of Agriculture and Rural Affairs, the price of eggs in the national wholesale market for agricultural products was 6.31 yuan/kg on July 1, while on July 31, the price had risen to 8.33 yuan/kg.
Beijing News reporter calculated that in just one month, the wholesale price of eggs climbed by 32%.
, the rally continued, with wholesale egg prices rising to 8.62 yuan/kg as of August 3.
August 4th, ZhuoTron analyst Zhang Wenping told the Beijing News that from previous years' experience, the price of eggs in July was mostly in the recovery phase.
, affected by the low price of eggs in the previous period, the price of eggs rose in July higher than the same period in previous years.
" from the wholesale price alone egg price adjustment may be relatively lagging behind, if from the production area to farmers to buy prices, between the beginning of July to August 4, egg prices reached a peak of 4.02 yuan / kg (8.04 yuan / kg) on August 2, up 68.91 percent from the beginning of July.
" some areas of the daily increase of 0.2-0.3 yuan / jin, in addition to the Northeast and parts of Hebei, other production areas have risen to more than 4 yuan / jin, egg and chicken farming into a full-scale profitable state.
Recent egg price rise Experts said three reasons for the overlay of the Ministry of Agriculture and Rural Agriculture agricultural products market analysis and early warning team poultry eggs chief analyst Tang Zhenzhen 4, told Xinhua News Agency, egg prices are mainly due to the previous price decline after a small rebound, phased supply reduction and demand boom three reasons superimposed.
(1) the previous egg prices after excessive decline to supplement the rise.
average monthly price of 8.13 yuan per kilogram fell for eight consecutive months in June, falling 34.9 percent to its lowest level since August 2017.
recent price increases are a complement to the previous excessive decline.
(2) the recent overall decline in egg and chicken production capacity.
summer high temperature caused the production capacity of eggs and chickens decreased, superimposed by the impact of the outbreak, egg and chicken breeding cycle passively extended, egg and chicken supplement bar volume also decreased significantly.
with the negative profits of aquaculture, the willingness of small and medium-sized retail investors to fill the column decreased significantly.
chickens that are forced to change their feathers from February to March will be phased out in July-August after a new round of births in April-May.
(3) demand continued to pick up.
with the outbreak prevention and control into normal, the resumption of production continued to advance, the recent demand for food and beverage, group consumption and other gradually recovered, increased egg consumption.
, higher pork prices since June have also boosted demand for eggs.
"From the supply side, with the May-June elimination of chicken concentrated out of the column, egg and chicken production capacity decline, coupled with the entry into July, with the rise in temperature, egg and chicken egg production rate also significantly decreased, at present, most of the peak egg production rate has dropped to less than 90 percent, then, the overall egg production has been reduced."
from the demand side, with the southern market gradually ended the rainy season, the procurement enthusiasm of all downstream links has also been significantly improved, the market circulation accelerated.
the same time, the southern part of the impact of the floods, vegetable prices rose significantly, the consumption of eggs have a more positive pull effect.
" China's Shandong, Hebei, Henan egg and chicken enterprises ranked in the top three, in the second quarter of this year, the new registered enterprises increased by 50% month-on-month, the Beijing News reporter noted that although egg prices rebounded month-on-month, but in the Ministry of Agriculture and Rural Affairs statistics, whether it is wholesale egg prices, market prices, supermarket prices, are lower than the same period in previous years.
Zhang Wenping said the phenomenon is mainly due to the overall consumption of eggs weaker than in the same period last year, but this does not mean that the ability to supply eggs is weak.
in terms of egg and chicken production, as of the end of July, ZhuoTron Information monitored the number of eggs and chickens in the stock of 1,297 million, an increase of 6.38 percent year-on-year.
" means that the stock of egg-producing chickens is still higher than in the same period last year, and the supply capacity of eggs is still higher than last year.
" in addition to egg and chicken storage column increased, the number of China's egg and chicken enterprises is also increasing.
inspection data show that poultry farming enterprises account for 71% and livestock breeding enterprises account for 29% in the market of livestock and poultry-related enterprises.
, there are 826,000 egg and chicken-related enterprises in china.
, China, ranked first with 129,000, accounting for 15.6% of the country's total.
followed by Hebei and Henan.
in the first half of 2020, the number of egg and chicken-related enterprises registered reached 0.74 million, of which 0.45 million were newly registered in the second quarter, up 18.4% YoY and 55.2% YoY.
experts forecast: around august egg prices are expected to reach 4.5 yuan per kilogram from previous data, in the first half of 2017, egg prices generally fell below 2 yuan per kilogram, is a recent historical low.
the first half of this year, egg prices basically remained between 2 and 3 yuan, also at a low level in recent years.
general, if only from the cost of feed, the cost per kilogram of eggs in about 2.8 yuan.
if the price of eggs is below 3 yuan, egg and chicken farmers are basically in a loss-making state.
however, with egg prices rebounding in July, first-half loss-making chicken farmers have now turned profitable.
xiaodong expects egg prices to continue to rise as the peak demand season for eggs approaches in the third quarter.
"every year before the Mid-Autumn Festival is the peak demand season for eggs, with food factories and downstream links to start stocking ahead of time, coupled with the start of school, the demand for eggs will have a certain pull effect, egg prices still have room to rise.
, the factory price of the production area is basically around 4 yuan per catty, to late August is expected to reach 4.5 yuan per catty, however, in recent days there is a risk of correction.
, a China food industry analyst, also believes that seasonal factors will also lead to higher egg prices in the third and fourth quarters of this year.
", the third and fourth quarters are the first period of growth for food in China as a whole.
in such a situation, the contradiction between production and demand is more prominent, the price will change with the increase of the gap, the larger the gap, the higher the price.
," Judanpong said.
futures issued by the South China News A report pointed out that the rising cost of feed will also lead to higher egg prices.
recently, corn prices continue to rise, egg and chicken farming costs have increased, farmers in the absence of inventory pressure in the case of price increases are more strong, it is expected that the price of eggs in the later period there is still room for growth.
Business club Yuejia because also believes that in August egg prices still have room to rise, the late elimination of chicken column volume is the main factor affecting egg production, if the August and September breeding side of the super-tao, is expected to support the strong trend of egg prices, if the normal elimination or consumption growth is not as expected, then egg prices will still be suppressed by strong supply.
.