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The recent rise in egg prices has attracted market attention
.
On October 12, the average price of eggs in the country was 5.
78 yuan / jin, up 0.
05 yuan / jin from the previous day; The average price in Beijing was 6.
02 yuan/jin, up 0.
11 yuan/jin from the previous day; The highest average price in Hubei is 5.
92 yuan/jin, and the lowest in Liaoning is 5.
67 yuan/jin
.
Some insiders said that affected by factors such as the release of terminal demand, eggs are currently shipped quickly, which also provides some support
for the rise in egg prices.
It is understood that in April this year, white feather broilers entered a new round of "chicken cycle", and chicken prices were in an upward channel
under the support of breeding costs.
In October, the price of white-feathered broiler fry climbed to 4.
00 yuan / feather, a new high
in the year.
The price of white-feathered broiler fry hit a new high for the year
For the recent rise in egg prices, Brake Consulting analyst Shen Yang told the "China Times" reporter that from the supply point of view, the current layer hen inventory is relatively tight, the reason is that the new laying hens in September and October are mostly chickens that are restocked in May to June, due to the low egg prices in May and June this year, farmers are more bearish on the egg market, superimposed on the weather, the enthusiasm of chickens to replenish the fence is not high, resulting in a relatively tight
number of new laying hens.
According to the reporter's understanding, according to the practice of previous years, egg prices should have fallen by inertia after the holiday, but this year's market demand is increasing, the replenishment of trade links is increasing, and terminal supermarkets, farmers' markets, e-commerce platforms and catering links have ushered in a small replenishment phenomenon, and supply is less than demand
.
Coupled with repeated epidemics, transportation in some areas has been blocked, and it is impossible to transfer goods from other regions, mainly consuming local sources, driving egg prices all the way up
.
Yan Tieshan, general manager of Hubei Shanggui Agriculture and Animal Husbandry Co.
, Ltd.
, also told the "China Times" reporter that the reason for the recent rise in eggs, in addition to its own low inventory, is also one of
the factors for the increase in procurement demand in the food industry.
Normally, the food industry is in a low state of stock from September to early October, and after mid-October, egg purchases will grow rapidly
.
In addition, the reporter found that during the National Day period, the price of white feather chicken fry climbed to 4.
00 yuan / feather, a new high
in the year.
According to Zhuochuang information data, from October 1 to 10, the average price of white feather broiler fry was 4.
33 yuan / feather, an increase of 1.
17% from September 30 and a year-on-year increase of 27.
35%.
Zhuochuang information analysis believes that during the National Day period, slaughtering enterprises purchase on demand, less hairy chickens are slaughtered, the speed of goods is accelerated, the price of chickens rises slightly, and the price of hairy chickens may stabilize after rising
.
The performance of broiler breeding enterprises is good
As of October 11, a number of breeding companies released sales data for September, and the market of white-feathered broilers continued to improve, and chicken seedlings and broiler breeding enterprises showed good performance
.
According to the announcement of Yisheng shares, the number of white feather broiler seedlings sold in September was 46.
2142 million, and the sales revenue was 162.
9275 million yuan, a year-on-year increase of 4.
20% and 48.
13%, and a month-on-month increase of 0.
06% and 13.
69%
respectively.
The sales volume of Yisheng 909 small white feather broiler fry was 7.
4003 million, down 2.
42% from the previous month, and the sales revenue was 12.
4579 million yuan, an increase of 5.
91%
from the previous month.
Minhe shares announced that 24.
0332 million commercial chicken seedlings were sold in September, down 10.
75% year-on-year and up 15.
89% month-on-month; Sales revenue was 70.
4137 million yuan, an increase of 19.
52% year-on-year and 38.
11%
month-on-month.
"According to monitoring data, the price of white-feathered chicken fry has climbed above the cost line since early July, and has since fluctuated to the upside, and is now hitting a new high
in the year.
" Zheng Maiqing, a researcher at the Institute of Animal Husbandry of the Chinese Academy of Agricultural Sciences, told
the "Securities Daily" reporter.
At this stage, chicken seedlings are quite profitable
Flush data shows that Yisheng shares, Minhe shares, and Xiantan shares have risen
to varying degrees in the recent trading day.
Zhuochuang information analyst Feng Xiaocheng said in an interview with the "Securities Daily" reporter that on October 11, the price of white feather broiler chicken fry of large-scale incubation enterprises in Shandong was 4.
00 yuan / feather, and the price of white feather broiler chicken fry during the year showed a volatile upward trend, but the transaction had concessions, and the average transaction price of the main load-bearing market was 3.
40 yuan / feather, up 211.
93% from the beginning of
the year.
According to Zhuochuang information data monitoring, on October 11, the average profit of white feather broiler chicken hatching was 0.
80 yuan / feather, and the profit of chicken hatching at this stage is considerable, mainly boosted by the rise in chicken seedlings
.
From the perspective of the overall profitability of aquaculture enterprises in early October, they were between
1.
00 yuan / feather and 2.
00 yuan / feather.
At present, the performance of chicken seedlings and chicken breeding enterprises has benefited significantly
.
Yisheng said that with the rise of the prosperity of the white-feathered broiler industry, the sales price of chicken seedlings in September 2022 rose sharply year-on-year, so the sales revenue of chickens increased
significantly year-on-year.
The industry predicts that there is a risk of a pullback in egg prices
For a long time, chicken has been a high-quality source of meat protein, and in the global market, chicken is also the largest meat product, compared with cattle, sheep, pigs, etc.
, broiler chickens have shorter growth time, higher economic benefits, and lower carbon emissions, which plays a pivotal role
in the green development of the breeding industry.
However, due to the rise in raw material costs so far this year, the production and processing of chicken is facing some challenges
.
Shen Yang said that the rise in feed breeding costs will form a bottom support
for prices to a certain extent.
Feed prices have been rising this year due to rising
soybean meal prices and high corn prices.
According to data provided by Brock, as of the end of September, the price of compound feed was 3800 yuan / ton, up 300 yuan / ton compared with the same period last year, according to the 42-day feed consumption of white feather broilers is 5-6kg / pc, short-term yellow feather broilers general feed consumption is 3-4kg / pcs, 817 broilers 42 days general feed consumption is 2.
5-3kg / pcs, white feather broilers, yellow feather broilers, 817 feed costs increased by 1.
5-1.
8 yuan / pcs, 0.
9-1.
2 yuan / pcs, 0.
75-0.
9 yuan/only
.
An egg trader in Hubei told the "China Times" reporter that for large breeding enterprises, feed costs rise, and they will offset part of the breeding costs to a certain extent by increasing the slaughter price and hedging in the futures market, which naturally also provides certain support for chicken prices, but in the case of strong demand, the promotion of feed costs is basically negligible
.
For the later trend of chicken prices and egg prices, Shen Yang said that as of October 11, the price of white striped chicken was 19.
03 yuan / kg, up 1.
3% from the same period last month, if calculated according to the month-on-month increase, the price may reach 21 yuan / kg at the end of October, from the historical data from 2020 to now, the high price of white striped chicken hovers at 19-20 yuan / kg, due to the game phenomenon between the supply side and the demand side, it is expected that the price of white striped chicken will not exceed 21 yuan
。
"For small and medium-sized farmers, the comprehensive cost of a chicken reaches more than
4.
5 yuan.
If there is an impact of the epidemic, some will still lose money, so far this year the profit per normal chicken is just close to 20 yuan, the later egg price needs to continue to be high to ensure that it makes money, if there is a disease whether it can make money is not certain
.
Yan Tieshan said
.
For the later trend of egg prices, he believes that the recent height of prices is also close to the high, and there may be a downward process before mid-November, and there may be another high near the Spring Festival
.
;
; The recent rise in egg prices has attracted market attention
.
On October 12, the average price of eggs in the country was 5.
78 yuan / jin, up 0.
05 yuan / jin from the previous day; The average price in Beijing was 6.
02 yuan/jin, up 0.
11 yuan/jin from the previous day; The highest average price in Hubei is 5.
92 yuan/jin, and the lowest in Liaoning is 5.
67 yuan/jin
.
Some insiders said that affected by factors such as the release of terminal demand, eggs are currently shipped quickly, which also provides some support
for the rise in egg prices.
It is understood that in April this year, white feather broilers entered a new round of "chicken cycle", and chicken prices were in an upward channel
under the support of breeding costs.
In October, the price of white-feathered broiler fry climbed to 4.
00 yuan / feather, a new high
in the year.
The price of white-feathered broiler fry hit a new high for the year
The price of white feather broiler fry hit a new high within the year For the recent rise in egg prices, Brake Consulting analyst Shen Yang told the "China Times" reporter that from the supply point of view, the current layer hen inventory is relatively tight, the reason is that the new laying hens in September and October are mostly chickens that are restocked in May to June, due to the low egg prices in May and June this year, farmers are more bearish on the egg market, superimposed on the weather, the enthusiasm of chickens to replenish the fence is not high, resulting in a relatively tight
number of new laying hens.
According to the reporter's understanding, according to the practice of previous years, egg prices should have fallen by inertia after the holiday, but this year's market demand is increasing, the replenishment of trade links is increasing, and terminal supermarkets, farmers' markets, e-commerce platforms and catering links have ushered in a small replenishment phenomenon, and supply is less than demand
.
Coupled with repeated epidemics, transportation in some areas has been blocked, and it is impossible to transfer goods from other regions, mainly consuming local sources, driving egg prices all the way up
.
Yan Tieshan, general manager of Hubei Shanggui Agriculture and Animal Husbandry Co.
, Ltd.
, also told the "China Times" reporter that the reason for the recent rise in eggs, in addition to its own low inventory, is also one of
the factors for the increase in procurement demand in the food industry.
Normally, the food industry is in a low state of stock from September to early October, and after mid-October, egg purchases will grow rapidly
.
In addition, the reporter found that during the National Day period, the price of white feather chicken fry climbed to 4.
00 yuan / feather, a new high
in the year.
According to Zhuochuang information data, from October 1 to 10, the average price of white feather broiler fry was 4.
33 yuan / feather, an increase of 1.
17% from September 30 and a year-on-year increase of 27.
35%.
Zhuochuang information analysis believes that during the National Day period, slaughtering enterprises purchase on demand, less hairy chickens are slaughtered, the speed of goods is accelerated, the price of chickens rises slightly, and the price of hairy chickens may stabilize after rising
.
The performance of broiler breeding enterprises is good
The performance of broiler breeding enterprises is good The performance of broiler breeding enterprises is good As of October 11, a number of breeding companies released sales data for September, and the market of white-feathered broilers continued to improve, and chicken seedlings and broiler breeding enterprises showed good performance
.
According to the announcement of Yisheng shares, the number of white feather broiler seedlings sold in September was 46.
2142 million, and the sales revenue was 162.
9275 million yuan, a year-on-year increase of 4.
20% and 48.
13%, and a month-on-month increase of 0.
06% and 13.
69%
respectively.
The sales volume of Yisheng 909 small white feather broiler fry was 7.
4003 million, down 2.
42% from the previous month, and the sales revenue was 12.
4579 million yuan, an increase of 5.
91%
from the previous month.
Minhe shares announced that 24.
0332 million commercial chicken seedlings were sold in September, down 10.
75% year-on-year and up 15.
89% month-on-month; Sales revenue was 70.
4137 million yuan, an increase of 19.
52% year-on-year and 38.
11%
month-on-month.
"According to monitoring data, the price of white-feathered chicken fry has climbed above the cost line since early July, and has since fluctuated to the upside, and is now hitting a new high
in the year.
" Zheng Maiqing, a researcher at the Institute of Animal Husbandry of the Chinese Academy of Agricultural Sciences, told
the "Securities Daily" reporter.
At this stage, chicken seedlings are quite profitable
At this stage, the profit of chicken seedlings is considerable Flush data shows that Yisheng shares, Minhe shares, and Xiantan shares have risen
to varying degrees in the recent trading day.
Zhuochuang information analyst Feng Xiaocheng said in an interview with the "Securities Daily" reporter that on October 11, the price of white feather broiler chicken fry of large-scale incubation enterprises in Shandong was 4.
00 yuan / feather, and the price of white feather broiler chicken fry during the year showed a volatile upward trend, but the transaction had concessions, and the average transaction price of the main load-bearing market was 3.
40 yuan / feather, up 211.
93% from the beginning of
the year.
According to Zhuochuang information data monitoring, on October 11, the average profit of white feather broiler chicken hatching was 0.
80 yuan / feather, and the profit of chicken hatching at this stage is considerable, mainly boosted by the rise in chicken seedlings
.
From the perspective of the overall profitability of aquaculture enterprises in early October, they were between
1.
00 yuan / feather and 2.
00 yuan / feather.
At present, the performance of chicken seedlings and chicken breeding enterprises has benefited significantly
.
Yisheng said that with the rise of the prosperity of the white-feathered broiler industry, the sales price of chicken seedlings in September 2022 rose sharply year-on-year, so the sales revenue of chickens increased
significantly year-on-year.
The industry predicts that there is a risk of a pullback in egg prices
The industry predicts that there is a risk of falling egg prices The industry predicts that there is a risk of falling egg prices For a long time, chicken has been a high-quality source of meat protein, and in the global market, chicken is also the largest meat product, compared with cattle, sheep, pigs, etc.
, broiler chickens have shorter growth time, higher economic benefits, and lower carbon emissions, which plays a pivotal role
in the green development of the breeding industry.
However, due to the rise in raw material costs so far this year, the production and processing of chicken is facing some challenges
.
Shen Yang said that the rise in feed breeding costs will form a bottom support
for prices to a certain extent.
Feed prices have been rising this year due to rising
soybean meal prices and high corn prices.
According to data provided by Brock, as of the end of September, the price of compound feed was 3800 yuan / ton, up 300 yuan / ton compared with the same period last year, according to the 42-day feed consumption of white feather broilers is 5-6kg / pc, short-term yellow feather broilers general feed consumption is 3-4kg / pcs, 817 broilers 42 days general feed consumption is 2.
5-3kg / pcs, white feather broilers, yellow feather broilers, 817 feed costs increased by 1.
5-1.
8 yuan / pcs, 0.
9-1.
2 yuan / pcs, 0.
75-0.
9 yuan/only
.
An egg trader in Hubei told the "China Times" reporter that for large breeding enterprises, feed costs rise, and they will offset part of the breeding costs to a certain extent by increasing the slaughter price and hedging in the futures market, which naturally also provides certain support for chicken prices, but in the case of strong demand, the promotion of feed costs is basically negligible
.
For the later trend of chicken prices and egg prices, Shen Yang said that as of October 11, the price of white striped chicken was 19.
03 yuan / kg, up 1.
3% from the same period last month, if calculated according to the month-on-month increase, the price may reach 21 yuan / kg at the end of October, from the historical data from 2020 to now, the high price of white striped chicken hovers at 19-20 yuan / kg, due to the game phenomenon between the supply side and the demand side, it is expected that the price of white striped chicken will not exceed 21 yuan
。
"For small and medium-sized farmers, the comprehensive cost of a chicken reaches more than
4.
5 yuan.
If there is an impact of the epidemic, some will still lose money, so far this year the profit per normal chicken is just close to 20 yuan, the later egg price needs to continue to be high to ensure that it makes money, if there is a disease whether it can make money is not certain
.
Yan Tieshan said
.
For the later trend of egg prices, he believes that the recent height of prices is also close to the high, and there may be a downward process before mid-November, and there may be another high near the Spring Festival
.
