October 11, 2011
China Broiler Weekly: Prices correct upward as supply slows (week ended Oct 11, 2011)
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Broiler prices were stable to slightly higher.
AA broiler prices came off lows amid falling supplies, as farmers withheld releases during the three days in which slaughter plants halted operation.
Day-old chick prices edged up over the week, driven by a rebound in broiler market.
China breed broiler
China breed broiler prices lacked the momentum to move higher due to flat holiday demand and poor chicken product sales.
Day-old chick prices dipped further over the week.
There is still room for broiler price upside after the holiday.
RMB1= US$0.1568 (Oct 11)
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