sharon sanders
Editor-in-Chief & President
[FONT="]September 20, 2019[/FONT]
[FONT="]This year domestic [/FONT][FONT="]egg [/FONT][FONT="]spot prices overall strong performance, primarily due to the impact of African swine fever, rise in meat protein also indirectly promote egg prices strengthened. In the African swine fever, the domestic pig stocks have been declining, the gap between supply and demand has been expanding, pushing up the price of live pigs has also driven the prices of chicken, beef, lamb and other meats. It has also formed a strong driving effect on the price of eggs. In the context of a sharp rise in protein, egg prices are different from previous years: strong prices, increased volatility, and weakened seasonal patterns.[/FONT]
First, the soaring price of pigs drives the meat protein to follow the upward trend.
According to the statistical price announced by the Ministry of Agriculture, as of September 18, the domestic wholesale price of pork was 36.23 yuan / kg, up 91% from the beginning of the year, up 80% year-on-year;
the wholesale price of beef was 67.336 yuan / kg, up 9.71% from the beginning of the year,
The price of mutton increased by 16%; the price of mutton was 66.42 yuan/kg, up 8.48% from the beginning of the year and up 21.25% year-on-year;
the price of white striped chicken was 19.34 yuan/kg, up 14.71% from the beginning of the year and up 27% from the same period of last year.
The highest value since the statistics in 2013 shows that the impact of African swine fever is greatest, with pork prices rising the most. In the case of a surge in pork prices and a gap between supply and demand, the first alternative to demand is other meat proteins, with the largest increase in chicken replacement demand, and the rise in meat protein has also driven the rise in chicken prices and egg prices. The rise of the egg, from the wholesale price of eggs, the domestic egg price has exceeded the highest point of this year, the price of eggs in 2014, due to the impact of bird flu in 2014, resulting in a large increase in the supply of the peak season, the breeding of laying hens in 2019 There was no large-scale epidemic, and the number of deposits increased compared to last year.
more....
zhttp://finance.sina.com.cn/money/future/agri/2019-09-20/doc-iicezueu7181514.shtml
[FONT="]This year domestic [/FONT][FONT="]egg [/FONT][FONT="]spot prices overall strong performance, primarily due to the impact of African swine fever, rise in meat protein also indirectly promote egg prices strengthened. In the African swine fever, the domestic pig stocks have been declining, the gap between supply and demand has been expanding, pushing up the price of live pigs has also driven the prices of chicken, beef, lamb and other meats. It has also formed a strong driving effect on the price of eggs. In the context of a sharp rise in protein, egg prices are different from previous years: strong prices, increased volatility, and weakened seasonal patterns.[/FONT]
First, the soaring price of pigs drives the meat protein to follow the upward trend.
According to the statistical price announced by the Ministry of Agriculture, as of September 18, the domestic wholesale price of pork was 36.23 yuan / kg, up 91% from the beginning of the year, up 80% year-on-year;
the wholesale price of beef was 67.336 yuan / kg, up 9.71% from the beginning of the year,
The price of mutton increased by 16%; the price of mutton was 66.42 yuan/kg, up 8.48% from the beginning of the year and up 21.25% year-on-year;
the price of white striped chicken was 19.34 yuan/kg, up 14.71% from the beginning of the year and up 27% from the same period of last year.
The highest value since the statistics in 2013 shows that the impact of African swine fever is greatest, with pork prices rising the most. In the case of a surge in pork prices and a gap between supply and demand, the first alternative to demand is other meat proteins, with the largest increase in chicken replacement demand, and the rise in meat protein has also driven the rise in chicken prices and egg prices. The rise of the egg, from the wholesale price of eggs, the domestic egg price has exceeded the highest point of this year, the price of eggs in 2014, due to the impact of bird flu in 2014, resulting in a large increase in the supply of the peak season, the breeding of laying hens in 2019 There was no large-scale epidemic, and the number of deposits increased compared to last year.
more....
zhttp://finance.sina.com.cn/money/future/agri/2019-09-20/doc-iicezueu7181514.shtml