I. Wholesale Price Situation of Fresh Agricultural Products in China According to monitoring by the Ministry of Agriculture and Rural

I. Why do declining inventories support egg prices? Inventories (comprising production-side and circulation-side stocks) serve as a buffer within the supply chain: A decrease in "days of

According to the monitoring of 500 county fairs and collection points nationwide, in the second week of October (the collection date was October 15), the

From January to September, the import and export volume of China's agricultural products reached 252.36 billion US dollars, a year-on-year increase of 9.7%. Among them,

Lagged Impact of Flock Replenishment: Rising egg prices and improved profit margins in the second quarter spurred a significant increase in the procurement of chicks.

I. Market Review In September, egg prices surged, driven by demand for mooncake and pastry production, institutional catering for the new school term, and pre-holiday stockpiling

I. Review: Why Prices Remained High in Q3 Supply: Following a prolonged period of industry-wide losses, restocking in the second half of 2025 was low, resulting

According to the monitoring of 500 county fairgrounds and collection points nationwide, in the 5th week of September (the collection day was September 30), the

In the 41st week of 2026, domestic prices of pork, eggs and vegetables fell, beef and mutton prices rose, and international sugar prices rose significantly

Drivers of the Recent Rally Deep losses in the poultry sector throughout 2025 led farmers to significantly cut back on chick placements, resulting in a low

I. Supply Side: Ample Supply is the Key Bearish Factor As temperatures drop and heat stress subsides, the national laying rate has returned to normal levels

I. September: How the Profitability Inflection Point Emerged Price Trends: Initial Rise Followed by a Peak In early September, egg prices in producing regions climbed steadily, driven

During the Mid-Autumn Festival holiday, the supply of essential food items—often referred to as "vegetable basket" products—was plentiful across the country. Markets for staples such

Current Market Status The benchmark egg futures contract (JD2611) closed at 3,787 RMB/500kg. The market is already pricing in the post-holiday slack season, characterized by high

Last week, domestic spot egg prices ended their period of high-level fluctuation and began to decline, easing the previously tight supply-demand situation. The national average

Spot egg prices have stopped falling and stabilized, with the previous downward trend slowing; prices for pink-shell eggs remain higher than those for brown-shell eggs.

Core Logic Egg prices previously surged due to a drop in laying rates caused by high temperatures and concentrated stocking for the Mid-Autumn Festival and the

Core Drivers of the Current Rally Tight Supply as the Foundation Deep losses in 2025 led to weak flock replenishment and concentrated culling of older hens at

I. Current Market Situation In August–September 2026, egg purchase prices in major producing regions surpassed 5 RMB per 500g (0.5 catties), marking a decade-high for this