Taken together, the current high egg prices are the result of supply tightness and pre-holiday stockpiling. After the Dragon Boat Festival, weakening demand, the rainy season, and stronger supply relative to demand are likely to weigh on current high egg prices. Egg prices may face a relatively quic

Overall, China's cotton prices are expected to trade rangebound in the following 1-2 months. The key support range for ZCE cotton futures price is Yuan 15,500-15,800/tonne, with limited downside correction and a lack of upward drivers. In the medium to long term, attention should be paid to summer w

Given this market situation, corn faces significant substitution pressure from multiple sources, leading to notable price weakness. In the short term, the concentrated arrival of new wheat, ongoing auctions of aged rice, and increased imports of grains will continue to divert feed demand away from c

Soybean: DCE No. 1 soybean futures remained soft last week, supported by low domestic soybean stocks and drought concerns, but pressured by weaker CBOT soybeans and state reserve auctions. CBOT soybean futures price extended its weakness on abundant South American supply and strong U.S. soybean plan

Overall, the pressure on hog slaughtering from June to July will ease slightly month-on-month, but supply volumes will remain relatively high. On the demand side, the off-season consumption will present more pronounced bearish influences. Under these circumstances, pork prices lack a basis for signi