（来源：蛋品世界WECD） 2025中国鸡蛋产业年终回顾 2025年，中国鸡蛋产业站在周期调整与高质量转型的双重节点，既面临供需失衡引发的市场承压，也迎 来政策引导、技术革新与消费升级驱动的结构性变革。全行业在波动中探索平衡，在转型中凝聚动能， 逐步从规模扩张向品质效益型发展模式跨越，为后续产业生态优化奠定了关键基础。 • 供给端：全国商品代在产蛋鸡年均存栏达12.2亿羽，同比增长1.3%，9月峰值突破12.7亿羽，创近年新 高。2024年盈利行情刺激下，2025年初养殖户补栏积极性较高，叠加大型企业逆周期扩张，百万羽级养 殖项目计划投建总产能达2亿羽，规模化养殖率提升至78.6%。但行业持续亏损导致下半年补栏意愿显 著下滑，青年鸡补栏量连续5个月同比下降，种蛋利用率降至近五年同期低位，产能出清进程逐步启 动。 • 需求端：整体消费呈现"总量平稳、结构分化"特征，全年鲜蛋市场规模突破4200亿元。普通鲜蛋需求 受猪肉等替代品价格走弱影响表现疲软，而中高端蛋品（可生食蛋、有机蛋、富硒蛋）销量年增23%， 占鲜蛋零售总额比重达18%，消费者对品质与功能属性的支付意愿显著提升。 • 鸡蛋价格全年呈现波动下行态势，年 ...

不仅是销区，主产区鸡蛋价格也在回升。在鸡蛋主产省山东，德州平原县这家蛋鸡养殖场每天生产鸡蛋5万多斤，主要销往北京、上海、广州 等地的商超。 农业农村部数据显示，12月16日，全国农产品批发市场鸡蛋平均价为每公斤7.45元，比12月1日上涨2%。 商户们介绍，随着客户采购、备货增加，鸡蛋价格也开始从11月份的年内最低价反弹回升。 央视网消息：今年以来，全国鸡蛋价格呈现下降态势，11月份更是降至近年来的低点，不过进入12月份，随着需求回升，鸡蛋价格也出现了反 弹。来看记者报道。 上午10点，北京新发地市场的商户陈硕正在和工人将产自河北、山东的鸡蛋装车销售给商超和单位食堂。 陈锡佐称："今年参保的蛋鸡每只大约赔付3元左右，这样确保养殖利润不受市场波动的大幅影响。" 山东省青岛市农业农村局畜牧处工作人员杨丽称："为应对鸡蛋价格波动，我们一是推出政策性蛋鸡期货收入保险，提升养殖场户的抗风险能 力，实施以来共为2035户次减轻养殖收入损失。二是拓宽'机器换人'应用范围，青岛全市蛋鸡养殖设施化率超90%，蛋鸡死亡淘汰下降1%，产 蛋增加1.5%。" 山东：价格升 成本降 蛋鸡养殖恢复至盈亏平衡附近 鸡蛋价格反弹，上游蛋鸡养 ...

2025年蛋鸡行业进入低迷期，从2月份开始蛋价大幅跳水，始终在2.8元/斤徘徊。养殖户损失惨重。平均每只鸡能亏损多少呢？我们来算笔账。 一、不同养殖场的成本考核内容 二、小规模家庭养殖场的成本核算 1.60日龄青年鸡：16.5元/只（去年年底和2025年上半年青年鸡价格较高）； 2.60-150日龄鸡群每只鸡投入成本（海兰褐）： | 项目 | 统计(每只鸡) | | --- | --- | | 饲料 | 13 /T×1.3 元/斤=16.9 元 | | 疫苗 | 灭活苗 4 次,活疫苗四次,疫苗成本和人工成本共计 1 元; | | 保健费用 | 1.5元(预防支原体、多维素、驱虫等,可能远远超过这个标准) | | 电费 | 每只鸡每天 0.01元,90天共计 0.9元 | | 总计 | 16.9+1+1.5+0.9,合计 20.3 | 3.150-500日龄产蛋期成本：按照平均90%的产蛋率，饲料成本1.3元/斤，料蛋比2.1；鸡蛋平均价格2.8元/斤。 注：每个区域，每个鸡场情况不同，如成本不同，蛋价不同。有些数据可能出入较大，不是很准确，以上观点仅供参考。 （来源：蛋品世界WECD） | 项目 | 统计( ...

当前蛋鸡养殖行业已步入产能出清周期，但因规模化养殖主体抗风险能力增强，此过程将被延长。中期 来看，随着供给端边际改善，鸡蛋价格存在反弹可能。 2017年至今，蛋鸡行业经历过两次典型的超淘现象，分别出现在2017年及2020年。这两个阶段蛋鸡的超 淘均由养殖利润承压引发，但区别在于：2017年散户主导时期蛋鸡淘汰剧烈且被动；2020年规模化主导 时期蛋鸡淘汰更理性，产能去化速度放缓。2025年，蛋鸡养殖行业亏损程度与2020年相当，淘鸡日龄的 累计降幅接近2017年水平，但存栏量仍维持高位。究其原因，随着产业规模化程度的提升，企业更注重 长期发展与综合效益，短期价格波动不会改变长期发展主线，预计未来产能出清将呈现渐进式特征。 中期来看，老鸡淘汰叠加新开产蛋鸡数量有限，供给端将边际改善。长期而言，行业整体处于缓慢出清 阶段，此阶段的持续时间将受淘鸡节奏、补栏意愿及市场预期等多重因素影响，需持续跟踪动态变化。 （作者单位：正信期货） （文章来源：期货日报） 2025年1—8月，蛋鸡养殖行业持续输出鸡苗，6月后京系补栏节奏有所减缓，而海兰系继续补栏，但9月 起海兰系出现亏损，导致补栏意愿出现实质性下滑。从种蛋利用率看 ...

期货交易咨询业务资格：证监许可【2011】1285号 华联期货鸡蛋年报 短期供应压力不减 中期供需预期向好 20251215 蒋琴 0769-22110802 从业资格号：F3027808 交易咨询号：Z0014038 审核：姜世东，从业资格号:F03126164，交易咨询号：Z0020059 请务必阅读正文后的免责声明。本报告的信息均来自已公开信息，关于信息的准确性与完整性，建议投资者谨慎判断，据此入市，风险自担。 1 国际形势 2 国内形势 3 宏观政策 4 供需基本面及观点策略 5 技术面 请务必阅读正文后的免责声明。本报告的信息均来自已公开信息，关于信息的准确性与完整性，建议投资者谨慎判断，据此入市，风险自担。 国际形势 请务必阅读正文后的免责声明。本报告的信息均来自已公开信息，关于信息的准确性与完整性，建议投资者谨慎判断，据此入市，风险自担。 国际形势 请务必阅读正文后的免责声明。本报告的信息均来自已公开信息，关于信息的准确性与完整性，建议投资者谨慎判断，据此入市，风险自担。 u 全球经济增长放缓。IMF最新预测2025年全球GDP增长3.2%（较7月上调0.2个百分点），低于历史平均水平(3.7% ...

"现在西红柿长得不错，个个圆润饱满，加上天气温度适宜，今年又是一个丰收年。"近日，在山东菏泽 市鄄城县古泉街道何桥蔬菜种植基地，种植户马相恩正带着工人在大棚里采摘入冬后的第一茬西红柿。 鄄城县彭楼镇前牟村大力发展养鸡产业，目前村里养殖户超过100余户，占全村农户总数的75%，蛋鸡 养殖收入占全村农业经济总收入的90%。村里的蛋鸡存栏量150万余只，逐步形成了区域养殖、技术服 务、蛋品销售"一条龙"的产业格局。"全村按150万只鸡产蛋，每天产蛋约18万斤，净利润4.9万元，每 个养殖户年均收入达50万元，全村人均收入达8.6万元。"前牟村支部书记李广象介绍说。 如今，什集镇沙沃村的床垫产业发展也颇具规模。据奖兴家具厂负责人许家菁介绍，早期的床垫制作工 艺简单，门槛很低，吸引了周边很多群众跟风加入，床垫加工产业规模不断扩大。随着市场需求不断变 化，什集镇通过引导企业更新设备、引进技术、打造自有品牌等举措，推进床垫制造业升级，提高产品 市场竞争力。目前，沙沃村规模以上床垫加工厂已经发展到40多家，带动周边300余名群众实现了在家 门口就业增收。 眼下，鄄城县这些因地制宜、各具特色的富民产业，不仅实现了从零散经营到规 ...

Report Industry Investment Rating No relevant content provided. Core Views of the Report - The egg supply in 2026: The number of newly opened laying hens from January to May is expected to be average, with no significant pressure. If the Spring Festival market fails to meet expectations, it may accelerate the elimination of laying hens and relieve the post - Spring Festival supply pressure, but the inventory base in the first half of 2026 remains high [1][2][43]. - The egg demand in 2026: The consumption is expected to be low after the Spring Festival and then rise. The demand will pick up due to festivals, and the price fluctuation caused by seasonality is expected to narrow [1][2][43]. - The feed cost in 2026: It is expected to rise first and then fall, with a slight year - on - year increase. The feed cost per catty of eggs is estimated to be between 2.5 - 2.85 yuan/catty [2][41][44]. - The market outlook for 2026: There may be a phased rebound, but capacity reduction is a long - term process, and one should not be overly optimistic [2][44]. Summary by Relevant Catalogs 2025 Egg Market Review - The main theme of the spot price in 2025 was weak, with the price fluctuating in the range of 【2.54, 4.45】 yuan/catty, and the center of gravity moving down year - on - year [6]. - The price fluctuation went through five stages: decline from January to February, rebound and then decline from March to April, weak operation from April to early July, rise and then decline from mid - July to mid - September, and decline and then narrow - range fluctuation from late September to late November [6][7][8]. Fundamental Logic Analysis Supply Side - **In - production laying hen inventory**: In 2025, the inventory increased year - on - year and reached a peak. As of November, it was at a high level in the past six years, and although it is currently declining, the base is still large [13][14]. - **Chick replenishment**: In 2025, the replenishment volume decreased year - on - year, showing a trend of high in the front and low in the back. The newly opened laying hens from January to May 2026 are expected to be at an average level, with no significant pressure [17][18]. - **Elimination of laying hens**: In 2025, the elimination volume increased year - on - year, with high elimination in May - June and October - November. The current chicken age structure is relatively young. If the Spring Festival market is disappointing, it may relieve the post - Spring Festival supply pressure [20][22][23]. - **Inventory forecast for 2026**: From January to May 2026, the number of newly opened laying hens is not large. If the elimination accelerates during the Spring Festival, the inventory may decline, but the base is still high, and capacity reduction takes time [29][30]. Demand Side - **Consumption seasonality**: In 2025, egg consumption was still driven by festivals, with obvious seasonal patterns. The price fluctuation caused by seasonality has narrowed due to inventory adjustment [32][33][35]. - **Substitute demand analysis**: In the first half of 2026, the high pressure of pig slaughter and the expected decline of vegetable prices may reduce the cost - effectiveness of eggs and weaken the substitute demand. In the second half of the year, attention should be paid to pig capacity reduction and extreme weather [37]. Cost Side - The cost of corn in 2026 is expected to be in the range of 2100 - 2350 yuan/ton, with a relatively loose supply - demand pattern [39]. - The supply and demand of soybean meal in 2026 are both strong, and it is expected to continue to accumulate inventory. The price may fall after March [40]. - The feed cost for laying hens in 2026 is estimated to be 2.5 - 2.85 yuan/catty [41]. Market Outlook for 2026 - The supply pressure in the first half of 2026 is expected to be relieved, but the inventory base is still high, which will limit the rebound height. - The demand is expected to be low after the Spring Festival and then rise, and the price fluctuation caused by seasonality will narrow. - The feed cost is expected to rise first and then fall, with a slight year - on - year increase. - There may be a phased rebound in the market, but capacity reduction is a long - term process, and one should not be overly optimistic.

2025年11月27日-28日，在四川省农业农村厅、四川省畜牧业协会的指导下，以"优产增效，品牌赋 能"为主题的四川省畜牧业协会蛋鸡业分会2025年会在四川绵阳顺利召开。本次年会汇聚了行业专家学 者及产业链上下游企业代表等300余位嘉宾，通过主题报告、圆桌论坛等多种形式，共同探讨新形势下 蛋鸡产业的高质量发展路径。凤集食品集团作为产业领军企业受邀出席，分享了凤集在数智化养殖、品 牌化运营及全产业链协同方面的实战经验，为行业提供了具有借鉴价值的"凤集方案"。 四川省畜牧业协会蛋鸡业分会秘书长杨群致开幕辞，强调分会将发挥桥梁纽带作用，推动政策落地与诉 求传达。她明确，未来分会将重点启动《四川优质鲜鸡蛋》与《四川优质鲜鸡蛋生产规范》两项团体标 准制定，以统一品质指标和生产规范助力 "川产鸡蛋" 价值提升，同时搭建行业交流平台，凝聚力量夯 实产业发展基础。 冯斌指出，全产业链的重资产布局是黄天鹅品质管控的战略基石。为构建世界一流标准的产业价值链， 凤集食品集团与政府联合投入总投资额高达 20 亿元，重点用于引进国际先进设备与智能化系统、建设 现代化养殖基地、完善产业链条，并加强可生食鸡蛋与蛋制品科研攻关等关键领域。这 ...

Core Viewpoint - The conference focused on the theme of "Enhancing Production Efficiency and Empowering Brands," aiming to explore high-quality development paths for the egg industry in the context of new challenges and opportunities [1][5][16]. Group 1: Industry Development and Standards - The Sichuan Provincial Livestock Association's Egg Industry Branch will initiate the formulation of two group standards: "Sichuan Quality Fresh Eggs" and "Production Specifications for Sichuan Quality Fresh Eggs" to unify quality indicators and production norms, thereby enhancing the value of "Sichuan Eggs" [3]. - The president of the Sichuan Provincial Livestock Association emphasized the need to leverage national-level advantageous industrial cluster projects to focus on improving production capacity, quality, standards, marketing, and risk control, thereby promoting high-quality industry development [5]. Group 2: Company Insights and Practices - Fengji Food Group shared its practical experience in digitalized farming, brand operation, and industry chain collaboration, providing a valuable reference for the industry [1][16]. - The chairman of Fengji Food Group highlighted the company's strategic investment of 2 billion yuan in collaboration with the government to introduce advanced international equipment and intelligent systems, build modern breeding bases, and enhance the entire industry chain [9]. - Fengji's brand "Fengnike" focuses on high-quality breeding by introducing international breeds and establishing strict biosecurity and testing systems to ensure the health of chicks, laying a solid foundation for high-quality egg production [9]. Group 3: Brand Building and Market Strategy - Fengji Food Group's strategy includes extensive offline tasting events across over 200 cities and targeted online marketing through platforms like Xiaohongshu, effectively linking consumers' perceptions of high-quality eggs with the brand [10]. - The company aims to lead a quality revolution in the egg industry by restructuring its value chain around consumer needs and maintaining effective communication strategies [13]. Group 4: Conference Highlights and Discussions - The roundtable discussion addressed the topic of how Sichuan enterprises can enhance production capacity, improve internal capabilities, and seek development at a new starting point, providing diverse insights for local businesses [14]. - The conference provided a comprehensive examination and forward-looking perspective on the egg industry, emphasizing the importance of brand building, value enhancement, and industry upgrading [16].

本次推介会是宁夏借助高端平台，推动"宁字号"特色农产品走向全国、迈向世界的重要举措。享誉全国的贺兰山东麓葡萄酒、枸杞、牛奶、肉 牛、滩羊、冷凉蔬菜等悉数亮相，而源自闽宁镇、在戈壁滩上成长起来的晓鸣股份，则以其在蛋鸡种源领域的突出成就，展现了宁夏农业"精 尖优"的差异化发展道路。 晓鸣股份代表冯茹娟在发言中介绍，公司作为"中国蛋鸡第一股"，是一家"引繁推"一体化的科技型蛋鸡制种企业，立志成为世界级的中国蛋鸡 种源企业。经过33年发展，公司已构建起从种源到餐桌的完整产业闭环，作为国内种鸡苗市场的主要供应商之一，市场占有率超过25%。这意 味着，中国老百姓餐桌上每四枚鸡蛋中，就有一枚源自晓鸣股份。 转自：新华网 12月4日，在2025企业家博鳌论坛举行期间，宁夏回族自治区农业农村厅联合新华社宁夏分社举办"宁夏精品中国行（海南站）暨绿色优质农产 品推介会"。活动以"宁品出塞·鲜鉴博鳌 共享绿色健康美好生活"为主题，集中展示了宁夏"六特"产业的丰硕成果。 作为宁夏农业产业化龙头企业代表，宁夏晓鸣农牧股份有限公司在会上分享了其以科技创新和绿色发展引领蛋鸡产业升级的经验，企业"让世 界看到戈壁滩的生命力"的品牌主张，成为宁 ...