According to SunSirs monitoring, the egg price was 5.33 yuan/kg at the beginning of last week, and the egg price was 5.20 yuan/kg last weekend, the price dropped by 2.44%.

In April 2020, the number of laying hens in the country was 1.37 billion, a month-on-month increase of 2.64% and a year-on-year increase of 13.18%. Taking into account that the price of laying hens in May has been weak for 6 consecutive weeks to a significantly low level over the same period, which shows that the enthusiasm for breeding companies to supplement the hens has obviously weakened, it is expected that the number of new laying hens from July to September should be reduced.

In the fourth quarter of 2019, the annual number of broilers supplemented was 285 million, an increase of 10.04% compared to the third quarter of the year, the number of broilers supplemented by 259 million, and the increase of 41.8% compared with the same period last year which was 201 million. Increased number of new laying hens in the first quarter of 2020, brings certain supply pressure. According to the calculation of laying hen breeding cycle, it is estimated that the number of old chickens that can be hunted in the second quarter of 2020 is 201 million, which is a decrease of 18% from the first quarter. It is expected to form a certain support for the price of chickens eliminated in the second quarter. Maintaining a loss, it is expected to face cash flow pressure in June, and the enthusiasm of aquaculture enterprises to fill the fence is stable and weak.

Since COVID-19, the production and consumption of the entire industry have been affected to varying degrees. For eggs, the concentrated consumption demand for short-term catering is difficult to release, the egg farming market is difficult to boost the situation, and the stimulating effect of the Dragon Boat stock market is limited.

The profit of laying hens has continued to lose, and the price of laying hens has weakened to a significantly low level over the same period, indicating that as the loss has deepened, the enthusiasm for breeding companies has weakened, and it is expected that the number of new laying hens will be reduced from August to September. .

Outlook forecast

Considering the homology of the main feeds of laying hens, broilers and live pigs, as well as the long cashing period of live pig breeding, it is expected that the effective supply of short-term live pigs will remain stable and weak. As a plant protein, panning hens and eggs can be transformed into The efficient channel of animal protein supports the price of hens and eggs.

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