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October 19, 2011

 
China Broiler Weekly: Lacklustre post-holiday demand weighs on market (week ended Oct 18, 2011)

 

An eFeedLink Exclusive

 

 

Price summary

 

Broiler prices were stable to lower.

 

 
 
Market analysis

 

AA broiler


AA broiler prices rose early in the week on short supplies, before pushing lower by mid-week due to falling prices of chicken cut-up products and stalling broiler demand as most slaughterhouses were drawing on existing inventories.
 

Over the week, day-old chick prices extended decline as farmers were not motivated to replenish amid deteriorating price prospects for broilers.

 

China breed broiler

 

China breed broiler prices were little changed from the previous week as supplies remained largely flat.
 

Day-old chick prices slipped slightly over the week.

 

 

Market forecast


In the coming week, broiler prices are unlikely to improve significantly as post-holiday demand is slow to warm up.
 

RMB1=US$0.1567 (Oct 19)

 


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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