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Holiday egg prices rise more than expectedPokerchipssetnearmeThe average price of pink eggs is 3.Pokerchipssetnearme.27 yuan per jin, and the average price of red eggs is 3.23 yuan per jin. The price of eggs has reached the breeding cost line, and the culture pressure has decreased. However, it is expected that post-holiday consumption will weaken and egg prices may return to weakness. The supply and demand of eggs is loose, the elimination of old chickens is accelerated, the production of new chickens is increased, and the price of small eggs is weak. It is rainy in the southern sales areas, the temperature in the producing areas has rebounded, and consumption has gradually turned to a downturn. Meidou rose sharply, short-term or drive egg futures contract in recent months is strong, but the sustainability is not strong, the late plum rainy season pressure is greater.

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The price of eggs during the May Day holiday was stronger than expected. During the May Day holiday, the market price of eggs rose, of which pink eggs rose slightly and the price of red eggs remained stable. According to the research data of Sino-Thai Futures, as of May 4, the average price of pink eggs was 3.27 yuan per jin, up 0.13 yuan from before the holiday, while the average price of red eggs was 3.23 yuan per jin. The main reason for the rise in egg prices is that before the holiday, the industry was pessimistic about the market outlook, thus driving down inventories for risk control. However, during the holiday period, the exuberant tourism industry led to the consumption of eggs, promotional activities increased, consumption exceeded expectations, the speed of goods sold in the sales area accelerated, and the industry began to take the initiative to replenish the stock, thus driving up the price of eggs. With the rise of egg prices, the current price has reached the comprehensive cost line of breeding, the pressure of laying hens has decreased, and old hens are even slightly profitable. However, it should be noted that the rise in egg prices is mainly due to low inventories and higher-than-expected holiday consumption. With the end of industrial replenishment, it is expected that post-holiday consumption will weaken, and egg prices may return to weakness. At present, the supply and demand of eggs is still loose. Although the rate of elimination of old chickens is accelerating, the number of new chickens is also increasing. The price of small eggs is obviously weaker than the same period last year, at the same time, laying hens account for a larger proportion in the peak period, and the laying efficiency is higher. According to the survey, eggs with the number of 40-44 jin per piece account for more than 70%. It is expected that egg production will still make an incremental contribution with the increase of egg rate and yard number in the future. Therefore, the effect of old chicken elimination on the current production capacity of laying hens is limited, and the pressure on egg supply is still great. At the consumer end, there is a lot of rain in the southern sales area, and the temperature in the producing area has rebounded. With the arrival of the plum rainy season, the hot and humid weather is not conducive to the storage of eggs, egg quality problems occur frequently, and the enthusiasm of picking up goods downstream decreases. Without the boost of the holiday season, egg consumption is gradually turning into a downturn. From a logical and point of view, May Day holiday spot performance is strong, while beans rose sharply, may lead to egg futures contracts are strong in the near and far months. However, the persistence of the spot rise is not expected to be strong, the supply and demand of eggs is still loose, and the pressure on eggs in the late plum rainy season is still large. The delivery of the contract is unfavorable in recent months, and there is the possibility of a discount into the delivery month. After a substantial reduction in positions, the recent month contract does not rule out the possibility of weakening again. For the far-month contract, the expected logic that low egg price is conducive to capacity removal is difficult to verify, the short-term is greatly affected by the long-short game, and the upper space is temporarily limited.