In August, the price of eggs in Linzi District, Zibo City, Shandong Province, rebounded sharply. According to the price monitoring of the Linyi District Price Bureau, the average price of eggs in this area was 4 yuan/kg in July, and began to rise at the beginning of August. It was 4.2 yuan/kg on August 2 and 4.6 yuan/kg on August 16th, August 23rd. The daily rate was 5.2 yuan/kg, which rose by 23.8% this month.

The Linyi District Price Bureau analyzed that the main reasons for the current rebound in egg prices are:

In the first half of the year, the price of eggs dropped sharply, resulting in excessive loss of farmers and lack of confidence. Some egg-laying farmers have reduced the number of layer chickens, and have not filled up in sufficient quantities in time, resulting in a reduction in the total number of layers.

The increase in feed prices has led to an increase in the cost of raising chicken. From July, the price of soybean meal and corn, which is the main raw material for feed, has started to rise. The price of soybean meal has increased from 1.72 yuan/kg to 1.93 yuan/kg, and the price of corn has risen from 1.18 yuan/kg. To 1.23 yuan / kg, resulting in higher feed prices, pushing up the cost of farming.

Laying hens are also cyclical, and due to the lack of early replenishment, resulting in the current major laying hens falling into the egg production period, there is no hens at the peak of egg production to supplement, resulting in insufficient egg production. .

The Bureau’s price monitoring staff stated that with the arrival of the holiday season in the second half of the year, the number of eggs consumed will remain high, and the shortage of eggs will continue. It is expected that the price of eggs will remain high during the latter period.

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