Egg prices are recovering, and egg farmers' hearts are warmed
As the Qingming Festival arrives, egg prices have also encountered a turning point for the first time after five consecutive weeks of decline following the Spring Festival, with prices rebounding somewhat, thoroughly warming the hearts of egg farmers during the Qingming Festival.
This morning, the egg price at the Shangcheng Market in Yucheng City was 3.95 yuan per jin, a fairly noticeable increase over yesterday's 3.8 yuan per jin. The faces of egg farmers, which had been clouded with worry all year, finally showed long-lost smiles again. This rebound in egg prices may be related to the arrival of the Qingming Festival, and it may be short-lived, but in the end it still gave egg farmers some warmth. Many farmers were once afraid that the 2013 egg market situation would recur, and were unwilling to take the risk of restocking, fearing that the profits they had just earned back last year would be lost again.
However, many farmers are full of confidence, saying that the current price decline is only temporary. Every year after the Spring Festival is a frozen period for egg prices, and once this short period passes, egg prices will steadily recover. In addition, since last year, falling prices of crops such as corn have also brought considerable profit margins to the breeding industry.
According to the current market situation, with the arrival of the Qingming Festival and May Day holidays, universities gradually finishing their new semesters, citizens having basically used up the food stored during the Spring Festival, and food processing enterprises gradually stabilizing their production lines, the pace of egg shipments will continue to accelerate. In addition, spring is the period for culling old hens and restocking chicks. Large numbers of old hens will be culled, while chicks generally need a 5-month cycle to start laying eggs. Now is exactly the restocking period, which will lead to a sharp drop in supply, and egg prices still tend to rise. However, according to expert analysis, the number of laying hens in our country is still very large, and the market remains saturated, so blind restocking is not recommended.