December 27, 2011
China Broiler Weekly: Hong Kong's bird flu hits Guangdong's broiler trade (week ended Dec 27, 2011)
Broiler prices were stable to lower.
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.
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.
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