China Broiler Weekly: AA broiler price sinks to nine-week low (week ended May 10, 2017)
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Release volume of AA broiler recovered to normal levels but sales of chicken products remained sluggish. Prices of AA broiler continued to slide, falling 5.6% to nine-week lows.
As AA broiler farmers, who were incurring losses, were reluctant to increase stocks of da-old chicks, prices fell to the range of RMB0.40-0.90/chick.
China breed broiler
Prices of China breed broiler strengthened in Guangdong amid tight availability, but moved lower in other regions. On average, China breed broiler price inched up 0.14% over the week.
Lacklustre demand dragged prices of day-old chick lower.
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