The chicken breeding sector collectively rose, with leading chicken seedling companies responding.

The stock prices of listed companies in the chicken breeding sector collectively rose on June 10th. A leading chicken fryer company responded that currently, downstream breeding households are gradually resuming normal replenishment of chicken fryers. It is expected that the supply and inventory of eggs will also gradually return to normal. "Chicken fryers can start laying eggs at around 160 days old, while the natural lifespan of a chicken is 7 to 8 years. Breeding households cannot wait until the chickens are that old to replenish. Under normal circumstances, once a batch of laying hens reaches the breakeven point, they need to be replaced and replenished. Last year, the need to replace old hens and the low egg prices caused many breeders to reduce their demand for chicken fryers, resulting in a high proportion of old hens in the current market. The low egg production efficiency of old hens has caused a tight balance in egg supply in some areas, leading to higher egg prices." The responsible person of the above-mentioned chicken fryer listed company said, "After the improvement of cold chain storage technology, the shelf life of eggs has been extended, inventory adjustment capacity has been enhanced, and eggs are no longer just spot products. Therefore, it cannot be ruled out that some regions may be engaged in speculation with eggs. Now that prices have risen, breeders are more active in replenishing, and it is expected to accelerate the disposal and replacement of old hens with high egg production efficiency."