China: The price ratio of eggs to feed dropped by 2.64% in the second week of November

According to the Price Monitoring Center of the National Development and Reform Commission, as of the week of November 13, the national egg-to-feed price ratio was 3.32 this week, down 2.64% from the previous month. Based on the current price and cost, the future profit of laying hen farming is 52.83 yuan per chicken. At the beginning of this week, affected by the "Double Eleven" e-commerce and supermarket promotions, the downstream purchasing mentality improved slightly, the market sales improved slightly, and the egg price rose; but after the promotion ended, the market demand returned to normal, and the egg supply was relatively sufficient, the market circulation slowed down, and the egg price fell weakly; ...