Injudicious expansion in egg production has a detrimental effect on price. Even in China. From late 2019 through 2020 as egg availability increased, price declined 28 percent on the Dalian Commodity Exchange.  On April 13th, eggs traded at 29 cent per dozen falling to 21 cent per dozen on May 29th.  The 52-week range extended from a high of 35 cents per dozen in January 2020 to the current low.  Egg production in China during 2019 attained 32 billion dozen compared to 8.2 billion dozen for the U.S. Given that more than 65 percent of eggs in China are derived from farms under 50,000 hens with local consumption through markets the actual size of the producing flock at any time is speculative. Demand for protein and empty hog pens led to a sharp escalation in the number of hens in production. Demand obviously fell sharply with the COVID lockdowns in February and disruption of transport within China leading to an imbalance between availability of eggs and consumption.