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October 11, 2011

 

China Broiler Weekly: Prices correct upward as supply slows (week ended Oct 11, 2011)

 

An eFeedLink Exclusive

 

 

Price summary

 

Broiler prices were stable to slightly higher.

 

 

Market analysis

 

AA broiler

 

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.

 

 

Market forecast


There is still room for broiler price upside after the holiday.
 

RMB1= US$0.1568 (Oct 11)

 


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


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