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December 27, 2011

 

China Broiler Weekly: Hong Kong's bird flu hits Guangdong's broiler trade (week ended Dec 27, 2011)

 

An eFeedLink Exclusive
 
 

Price summary

 

Broiler prices were stable to lower.

 
   
   

Market analysis


AA broiler


AA broiler market slightly softened due to higher releases of New Year's Day birds and weak sales of chicken products.

 

Meanwhile, loss-making hatcheries rushed to raise day-old chick prices amid signs of recovering demand, as farms began restocking for the post-Lunar New Year demand.


China breed broiler


Hong Kong's temporary ban on China's poultry imports due to a bird flu scare dealt a huge blow to Guangdong's broiler trade, causing prices to nosedive.

 

Day-old chick prices rebounded slightly over the week.


 
Market forecast
 

In the near term, broiler market is seen to consolidate lower as pre-festive demand is not particularly strong while more New Year's Day broilers are set to be released.

 

RMB1= US$0.1578 (Dec 27)
 
 

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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