June 3, 2022
China AA Broiler: Chick prices plunge amid crushing confidence (week ended Jun 1, 2021)
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Demand for AA broiler shrank further while los hog prices enticed consumers to increase pork consumption and cut chicken intake.
Falling for the fourth week, average AA broiler prices dropped 4%.
With hog prices in a free fall, AA broiler market will be under pressure. AA chick demand will be weak as a result, dragging prices lower.
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