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[Opinion] Zhengxin Futures: The easing of egg supply has weakened, and egg prices may continue to remain strong

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July 11, 2024, 2:48 PM

The number of newly laid laying hens continued to increase in June. At the same time, the number of chickens sold has been decreasing recently, and the overall number of laying hens has increased slightly. However, as the temperature rises, the laying rate of laying hens has declined and the loose supply of eggs has weakened. With the continuous production of plums in the north and south, coupled with strong downstream demand during the tourist season and continuous purchase of cold storage, eggs in the production and marketing areas are shipped faster, inventories in the production and circulation links continue to decline, and egg prices in the production areas continue to rise slightly.

In general, the impact of plum rains this year is weak, and the quality of eggs is guaranteed. As the plum harvest time approaches, the production areas are reluctant to sell and downstream purchases are active, resulting in a decrease in production and circulation inventories, and expectations of spot price increases still exist; However, the market funds The game has intensified and the performance of eggs has fluctuated; while the demand for egg stocking is still expected to increase after the plum rains, egg prices may continue to remain strong before August.




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Article source:Straight Flush Futures Connect