China: The price ratio of eggs to feed rose by 0.94% in the fourth week of November

According to the Price Monitoring Center of the National Development and Reform Commission, as of the week of November 27, the national egg-feed price ratio was 3.23 this week, up 0.94% from the previous month. Based on the current price and cost, the future profit of laying hen farming is 45.82 yuan per chicken. Recently, the intention of breeding units to eliminate has increased, the supply of eggs in the production area has slightly decreased, and after the egg price fell to a low level last week, the enthusiasm of downstream to purchase low-priced sources has increased slightly, the market has improved, and the egg price has bottomed out. However, the market demand lacks the support of favorable factors and is still in the off-season. The role of pulling egg prices is limited, the egg price has not increased much, and the weekly average price has still decreased from the previous month. In the later period, breeding units may continue to eliminate chickens, the ...