echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Active Ingredient News > Feed Industry News > "Eggs" sad: egg prices pushed the year high, breeding profits are still.

    "Eggs" sad: egg prices pushed the year high, breeding profits are still.

    • Last Update: 2020-08-28
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com
    Egg prices rebounded in a month nearly 40% of the farm profits greatly improved "eggs cheap for a while, and rose back.
    , a shopper at a supermarket in Haidian District, Beijing, said, "In the last month, the price of eggs has gone up by more than a pound."
    " According to the Ministry of Agriculture and Rural Affairs data, in the last month, the wholesale price of eggs market rebounded by nearly 40%.
    industry insiders expect that comprehensive supply and demand situation analysis, the next egg prices continue to rise little room, is expected to be close to the highest point at the beginning of the year - around 9 yuan per kilogram, compared with the same period in previous years, the current egg prices are still low level.
    close to the high level at the beginning of the year According to the Ministry of Agriculture and Rural Affairs data, from the beginning of March to the end of July this year, egg prices most of the time hovered below 7 yuan / kg, significantly lower than the level of the beginning of the year and the same period in previous years, but after a recent period of rebound, has been close to the high level of the beginning of the year.
    according to the average wholesale price data of the egg market released by the Ministry of Agriculture and Rural Affairs, from a low of 6.21 yuan/kg on July 9 to 8.62 yuan/kg on August 3, the wholesale price of the egg market rebounded by 38.8% in less than a month, returning to the level of late January this year.
    according to ZhuoTron information on the main production area mainstream transaction price research data, the current domestic spot market egg overall average price has increased by more than 60% since the beginning of July.
    , according to the Ministry of Agriculture and Rural Affairs, the peak wholesale price of eggs in the egg market this year occurred on January 8th, at 9.23 yuan/kg.
    it is understood that august-September each year for the peak egg consumption season, egg wholesale prices tend to come out of the year's highs, although the current wholesale price of eggs, although a sharp rise, but compared with the same period in the last three years, is still at a low level.
    " recent enterprises sold a kilogram of eggs profits of up to about 0.70 yuan, for the normal level.
    , " said the industry insider.
    the reasons for the rise in the price of eggs this round, ZhuoTron Information Egg Analyst Zhang Wenping told China Securities News, mainly driven by the pattern of supply and demand.
    the supply side, after July, affected by the hot weather, egg-producing rate of eggs and chickens declined to varying degrees, mostly around 5%, a few older chickens egg-producing rate fell more seriously.
    meanwhile, due to the sustained losses in egg and chicken farming in the first half of the year, the breeding units were phased out centrally in May-June, but the limited number of new egg-producing chickens opened in July led to a decline in the stock of egg-producing chickens.
    , the supply capacity of eggs declined in July, influenced by a combination of factors.
    demand, because the price of eggs in July is in a state of easy rise and fall, although the terminal demand has not significantly improved, but the intermediate trade link to take goods enthusiasm increased, making the market circulation speed up.
    in the egg market supply reduction, increased demand, egg prices gradually climbed.
    profits have improved sharply as egg prices have risen and chicken prices have risen even more.
    According to ZhuoTron data, July 1-29 elimination of chicken prices gradually higher, the average price of eliminated chickens in the main production area from 3.51 yuan / catty to 6.47 yuan / catty, a cumulative increase of 84.33 percent.
    Egg and chicken breeding enterprises profit also improved significantly, from loss to profit, July 30, ZhuoTron Information announced the forecast value of egg and chicken breeding profit of 20.74 yuan / only, an increase of 57.86 yuan / only from July 1, to achieve a turn-around profit.
    Futures Egg Researcher Kong Hailan told reporters that the previous breeding losses led to the northern region's breeding units actively phase out old chickens.
    , however, the recent rapid recovery of egg and chicken farming from the depth of losses in the first half of the year to profitable levels, the willingness of farming units to phase out decreased.
    , the cumulative elimination of old chickens decreased month-on-month, and the price of eliminated chickens also rose.
    the price of eggs and chicken continue to rise sharply? Zhang Wenping said that August has always been the peak egg demand season, market demand slowly recovered, food companies gradually increased procurement volume, coupled with the school season in late August, the overall demand will be higher than in July.
    supported by demand, egg prices may rise mainly in August, the highest price is expected to rise to 4.30-4.50 yuan / jin, egg and chicken breeding profits will also remain at the normal level.
    chicken prices have shown signs of falling back, " July 30 began to phase out chicken prices lower, as of August 4, the average price reached 6.06 yuan / jin, down 6.34% from the previous high price.
    " Zhang Wenping analysis, with the egg and chicken breeding to achieve a turn-around profit, breeding units to reduce the enthusiasm of chicken, supply side support to eliminate chicken prices go up, but slaughtering enterprises on the high level of elimination of chicken acceptance is low, the operating rate is not high, farmers market demand is also limited, the demand side is difficult to eliminate chicken prices to form an effective support.
    , pork prices have risen for more than a month.
    upstream, corn, soybean meal and other prices have also risen significantly this year.
    up 17.67 per cent so far this year, according to Wenhua Financial, the company's official statistics agency.
    food price increases usually give upward momentum to short-term CPI.
    Guotai Junan Securities, Haitong Securities and other brokerage institutions forecast that the year-on-year growth rate of CPI in July may rebound to 2.7%-2.8% due to food price increases, but since July, with the rise in international oil prices, domestic coal and steel prices, PPI year-on-year decline is expected to narrow.
    institutions said the inflation scissors spread (PPI-CPI YoY) was expected to narrow in July, which usually meant better earnings growth and better equity assets.
    (Source: China Securities News, reporter Zhang Lijing Ma Shuang, copyright to the original author) "egg" sadness: egg prices forced the year's high farmers profits are still pressured by the impact of egg prices on the CPI index is small, but superimposed pork, fresh vegetables and other rising factors, next week announced in July CPI is expected to continue to rise.
    prices rebounded to highs in July after experiencing a first-half low of "water exploration".
    according to the Ministry of Agriculture and Rural Affairs, the wholesale price of eggs in the 31st week (24-30 July) was 7.66 yuan per kilogram, which was 9 yuan per kilogram at the beginning of the year.
    11.5 per cent month-on-month, six weeks in a row in the upward range.
    prices in July were still down from a year earlier.
    prices are still expected to continue to climb into August.
    Zhang Wenping, an egg analyst at ZhuoTron Information, said in an interview with Time Financial on the 5th that August has always been the peak season for egg demand, with slow recovery in market demand and a gradual increase in purchases by food companies, coupled with a boost from the school season in late August, overall demand will be higher than in July.
    on the supply side, although the number of new eggs will increase in August, most farming units are scheduled to phase out in mid-to-late August, so it is difficult to see a significant change in egg supply.
    supported by demand, Zhang Wenping expects egg prices to rise in August, with the highest price rising to between 4.30 and 4.50 yuan per kilogram.
    prices of eggs repaired by the profits of chicken farmers also led to a wave of futures prices.
    According to Chang'an Futures research report pointed out that the July egg futures continued the rebound at the end of June, JD2009 contract in mid-July in the rise to 4000 near a slightly adjusted increase in positions, up to 4382 yuan / 500 kg, superimposing the market for late mid-autumn demand expectations, bull sentiment is high.
    the july 31 close, the JD2009 contract closed at 4,208 yuan/500 kg, up 8.62% month-on-month.
    recent recovery in egg prices has also given farmers hope.
    the first half of the fall in egg prices, many egg and chicken farmers have lost money, affecting the enthusiasm of farmers in the second half of the column.
    , especially chicken seedlings, fell to a record low of 2 cents in February.
    1,316.1 million chickens were stored in June, down 2.98 percent month-on-month and up 9.04 percent year-on-year, according to data from the Company.
    As accompanied by the rise in breeding costs, Central Plains Futures data pointed out that in July this year, China's egg and chicken feed breeding costs of about 106.96 yuan / feather, up 0.77 percent month-on-month, up 0.88 percent year-on-year, the total cost of egg and chicken breeding is 117.92 yuan / feather, an increase of 0.73 percent month-on-month, an increase of 0.91 percent year-on-year.
    but with egg prices rising in July, chicken farming profits have improved from their losses at the beginning of the month.
    as of July 24, the profit from egg and chicken farming was 10.86 yuan/feather, while at the beginning of the month it was a loss of 20.49 yuan/feather.
    Zhang Wenping believes that the overall demand for eggs in the second half of the year is better than in the first half of the year, and that egg and chicken farming is expected to remain profitable for most of the second half of the year.
    , however, Zhongyuan Futures analyst Liu Shikui pointed out that although the loss has been reversed for six months, but the breeding profits of eggs and chickens are still not rich enough, the enthusiasm to fill the column is still not effectively restored.
    (
    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.