August 31, 2017
China Broiler Weekly: Substantial hikes in prices on tight supply (week ended Aug 29, 2017)
An eFeedLink Exclusive
Prices continued to rise.
Inadequate availability of AA broiler continued to push prices prominently higher. In the north, price hikes were over 10% amid supply shortages. On average, AA broiler prices increased 8.1& over the week.
A robust AA broiler market stimulated the demand for day-old chicks, lifting prices by RMB0.20-0.40/chick to RMB3.20-3.50/chick.
China breed broiler
Prices of China breed broiler climbed higher as well due to lack of supplies. On average, prices increased 4.2% during the period in review.
Chick prices were stable to higher with the support to steady demand, as broiler farmers were more confident to expand inventories.
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