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At the beginning of the year, egg prices plummeted. At that time, some people even questioned why eggs were not exported to the US, when this market was in dire need of eggs. But now, the prices of all kinds of eggs in our country have skyrocketed, double the price compared to 8 months ago. Why is the price of eggs increasing?

- Looking at the price decrease, we can deduce that the price must increase. When eggs are cheap, business losses force many farms to reduce production. Another thing is that exchange rate fluctuations affect costs. And third, domestic consumption demand increases due to the moon cake making season; egg exports also increase. Demand is greater than supply, so prices must skyrocket.

- When egg prices increase, poultry farmers benefit and sellers also benefit. But will the good price trend last long?

- For now, because demand is still high and supply is low, high egg prices can still be maintained. When the market sees demand, there will be farms that are shrinking their flocks again. Thus, egg prices may cool down next year. At this time, poultry farmers are rushing to expand their flocks, but they are not sure to win. Chicken eggs are similar to oranges, sweet potatoes or durians, flooding the market is tiring.

- In addition to optimizing production, it is always necessary to diversify output. Putting all your hopes in one place will only lead to failure when the wind blows. The same goes for all agricultural products, to be sure, you must have a wide range of outlets.

CROSSED TU

Source: https://www.sggp.org.vn/rong-cua-bao-tieu-post807909.html