鸡蛋：关注淘鸡节奏

Report Information - Report Date: August 22, 2025 [1] - Report Title: Eggs: Monitor the Culling Rhythm of Laying Hens [1] - Analyst: Wu Hao, Investment Consulting Qualification Number: Z0018592, Email: wuhao8@gtht.com [1] Industry Investment Rating - Not provided Core View - The report focuses on the culling rhythm of laying hens and provides fundamental data on eggs and related industrial chain data [1] Summary by Relevant Catalogs Fundamental Tracking - Futures Data: The closing price of Egg 2509 is 2,879 yuan/500 kilograms, with a daily decline of 4.19 and a trading volume increase of 2,537 and a position decrease of 11,434; the closing price of Egg 2601 is 3,437 yuan/500 kilograms, with a daily decline of 1.74 and a trading volume increase of 1,273 and a position increase of 4,234 [1] - Spread Data: The Egg 9 - 10 spread is -131, down from -72 the previous day; the Egg 9 - 1 spread is -558, down from -490 the previous day [1] - Spot Price Data: The spot prices in Liaoning, Hebei, and Shanxi remained unchanged at 3.30 yuan/jin, 2.64 yuan/jin, and 3.10 yuan/jin respectively; the Hubei spot price dropped from 3.22 yuan/jin to 3.11 yuan/jin [1] - Industrial Chain Data: The corn spot price dropped from 2,329 yuan/ton to 2,328 yuan/ton; the soybean meal spot price remained unchanged at 3,070 yuan/ton; the Henan live - pig price dropped from 13.88 yuan/kg to 13.78 yuan/kg [1] Trend Intensity - The trend intensity is 0, indicating a neutral view, with a value range of [-2, 2] where -2 is the most bearish and 2 is the most bullish [1]