Why do egg prices rise frequently?
From the end of July to August, eggs cost almost every day, rising from 3 yuan per 500 grams to the current 4.5 yuan. The cyclical rise, floods, supply reductions and other factors have caused egg prices to rise frequently.
The price of eggs before June this year was basically stable, fluctuating around 3.3 yuan per 500 grams. From June, the price of eggs rose from 3.3 yuan per 500 grams to 3.5 yuan and 3.7 yuan. At the end of July, the price of eggs rose to 500 yuan per 500 grams. In August, eggs rose from 4 yuan per 500 grams to 4.2 yuan, 4.4 yuan, and 4.5 yuan.
According to the data released by the Ministry of Agriculture, the data for the second week of August showed that the average price of eggs nationwide was 8.57 yuan/kg, which was 1.7% higher than last week and 9.5% year-on-year. Egg prices rose for 12 consecutive weeks, or 13.8%. The average price of eggs in 10 major producing provinces such as Hebei and Liaoning was 7.87 yuan/kg, up 2.1% from the previous week and 13.2% year-on-year.
In a short time, why did the price of eggs rise rapidly? People in the industry believe that due to the low egg prices in the first half of this year, many loss farmers have chosen to sell layer chickens, resulting in a reduction in the supply of eggs on the market and the price has risen. Together with floods, some road traffic has been blocked. It also increased the cost of egg transportation. In recent years, the egg industry in China has been in a state of low profit. The industry has developed in an unordered manner. Most chicken-raising facilities are poor, the environment is poor, the mortality of laying hens is high, and the ability to prevent diseases is poor. Farmers have not been well organized and the scale effect has not been formed. This has made the layer chicken breeding industry more expensive and particularly fragile. Prices have declined slightly and farmers have lost money. If the losses are unsustainable, many farmers will sell them, and once the supply of eggs is reduced, fluctuations in the price of eggs will fluctuate.
Industry insiders predict that due to feed price and weather conditions, the current egg price is unlikely to drop. When the weather turns cold on National Day, the price of eggs is expected to fall.
The price of eggs before June this year was basically stable, fluctuating around 3.3 yuan per 500 grams. From June, the price of eggs rose from 3.3 yuan per 500 grams to 3.5 yuan and 3.7 yuan. At the end of July, the price of eggs rose to 500 yuan per 500 grams. In August, eggs rose from 4 yuan per 500 grams to 4.2 yuan, 4.4 yuan, and 4.5 yuan.
According to the data released by the Ministry of Agriculture, the data for the second week of August showed that the average price of eggs nationwide was 8.57 yuan/kg, which was 1.7% higher than last week and 9.5% year-on-year. Egg prices rose for 12 consecutive weeks, or 13.8%. The average price of eggs in 10 major producing provinces such as Hebei and Liaoning was 7.87 yuan/kg, up 2.1% from the previous week and 13.2% year-on-year.
In a short time, why did the price of eggs rise rapidly? People in the industry believe that due to the low egg prices in the first half of this year, many loss farmers have chosen to sell layer chickens, resulting in a reduction in the supply of eggs on the market and the price has risen. Together with floods, some road traffic has been blocked. It also increased the cost of egg transportation. In recent years, the egg industry in China has been in a state of low profit. The industry has developed in an unordered manner. Most chicken-raising facilities are poor, the environment is poor, the mortality of laying hens is high, and the ability to prevent diseases is poor. Farmers have not been well organized and the scale effect has not been formed. This has made the layer chicken breeding industry more expensive and particularly fragile. Prices have declined slightly and farmers have lost money. If the losses are unsustainable, many farmers will sell them, and once the supply of eggs is reduced, fluctuations in the price of eggs will fluctuate.
Industry insiders predict that due to feed price and weather conditions, the current egg price is unlikely to drop. When the weather turns cold on National Day, the price of eggs is expected to fall.
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