Poultry
xClose

Loading ...
Swine
xClose

Loading ...
Dairy & Ruminant
xClose

Loading ...
Aquaculture
xClose

Loading ...
Feed
xClose

Loading ...
Animal Health
xClose

Loading ...
Poultry


January 10, 2018

 
China Broiler Weekly: Markets soften for high levels (week ended Jan 3, 2018)


An eFeedLink Exclusive

 


Price summary


Prices were mostly lower.

 

 
 

Market analysis


AA broiler


Dipping 2.9%, AA broiler market ended its seven-week rally, which sent prices higher by a whopping 31%. As most slaughterhouses have stockpiled ample inventories, while prices of chicken products stabilized, the demand for AA broiler weakened considerably during the New Year period.


Chick prices plunged RMB1-1.30/chick to RMB2-2.40/chick while farmers held back purchases during the festive holidays.


China breed broiler


Prices of China breed broiler were mixed, rising in the south but staying soft in the northern parts of the country. On average, prices inched lower by 0.29% over the week.


Native chick prices registered slight falls as hatcheries that were making limited profits stood firm.

 


Market forecast


Broiler prices are expected to consolidate lower from current high levels as slaughterhouses withhold buying amid slow demand for chicken products. This will put a lid of the prices of day-old chicks.


eFeedLink offers monthly China hog and poultry market trackers, including analyses and on-the-ground information from Guangxi, Guangdong, Hunan, Hubei, Sichuan, Jiangsu, Henan, Shandong, Hebei and the whole of China. These provinces cover at least 70% of the total hog, poultry and related feed production or consumption in China. For more information, visit:
 
http://www.efeedlink.com/eFLResearch


All rights reserved. No part of the report may be reproduced without permission from eFeedLink.

Share this article on FacebookShare this article on TwitterPrint this articleForward this article
Previous
My eFeedLink last read