Finally rise and stop! "Rocket egg" Yang Fan, set sail?

Last week, after the egg contract completed the transfer of positions for a month, egg prices appear to have been inserted in the wings of the sky, the eggs have been falling and falling finally ushered in a round of rising prices.
The second half of the year with corn soybeans and other raw materials prices soared, chicken feed costs also rose, but in the face of ultra-high inventory supply, egg spot has not risen for a long time, farming profits further compressed, some farmers were forced to speed up the chicken mining.
And after entering December, the gradual weakening of the supply of stepped-up chickens ushered in the "Double Dan" eve of the promotion boom, superimposed on the recent rise in pork prices, egg prices finally ushered in the last spring of 2020.
JD Main 05 contract closed up 5.99 per cent at 4,120.
Profit restricted chicken increase, high-pressure supply or will ease the second half of the year, by the weather to disrupt import restrictions and other factors, corn soybeans and other feed raw materials prices showed a larger increase, as of December 10, egg and chicken feed corn spot 2602 yuan / ton, the weekly increase of 12 yuan / ton, soybean meal transaction average price of 3148 yuan / ton, an increase of 5 yuan / ton month-on-month.
face of rising feed prices, egg and chicken costs continue to raise farm profits again tightened, a large number of farmers choose to increase the cost of chicken mining.
As of the end of November, there were 1,247.6 million eggs and chickens in the country, down 1.41% month-on-month and 1.08 percent year-on-year, according to Troltyon data.
data source: CITIC futures with the elimination of the number of old chickens increased, egg supply has eased the market slightly improved, after entering December, egg prices began to fluctuate higher, December 1-9, the average price of eggs in the country's main production areas rose from 3.34 yuan / catty to 3.57 yuan / catty, an increase of 6.89 percent.
price of meat rose eggs to follow, whether the end demand can continue in the near future, by the local bacon production into the peak impact, the southern sales area pig prices took the lead in rebounding, driving the northern pig prices seasonal rebound.
according to the Ministry of Agriculture monitoring data show that in the first week of December, the average factory price of white-striped meat in pig slaughter enterprises above the national scale was 41.67 yuan/kg, up 5.79% month-on-month; According to the Ministry of Commerce monitoring, in the first week of December, the average wholesale price of white pigs nationwide was 41.27 yuan/kg, up 4.19% month-on-month.
and the continued rise in pork prices have also led to a pick-up in demand for eggs, to some extent supporting egg prices.
data sources: CITIC Futures in addition, recently by the "double 12" promotion boost, e-commerce platform and supermarket stock significantly increased, the market circulation speed accelerated, egg prices were further supported.
and after this round of promotion, the winter solstol, "Shuangdan" and other festivals are approaching again, the market is also very likely to trigger another promotion boom, market demand in the future is still good.
, the long-silent egg outbreak is now largely supported by a easing of supply pressures and a surge in short-term demand.
But the long-standing supply of "eggs collection" can not be completely alleviated in a short period of time, and with the high price of eggs farming profits rebound, farmers will continue to speed up the search for chickens, whether the willingness to make up the bar changes.
, the core of future egg price changes lies in demand, and continue to pay attention to the situation of reserve goods before the Spring Festival.
and in the short term, the long-suppressed egg long head and short-term positive push, egg prices may remain volatile up.
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