December 21, 2011
China Broiler Weekly: Prices range-bound; chick market extends losses (week ended Dec 20, 2011)
Broiler prices hover around current levels.
Slaughterhouses cut AA broiler purchase prices early in the week amid releases of the first batch of New Year's Day stocks and the softening of chicken product prices. Latter half of the week saw broiler prices levelling off as market supplies remained inadequate.
Meanwhile, a slump in day-old chick demand pushed many hatcheries into the red.
China breed broiler
The arrival of New Year's Day birds on the market softened China breed broiler prices in Guangdong; while prices in Shandong and Hebei remained firm amid persistent supply shortfall.
Day-old chick prices continued to tumble over the week.
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