June 16, 2021
China Native Broiler: Fast-growth broiler market stays weak (week ended Jun 14, 2021)
Higher releases prior to the Dragon Boat Festival, in conjunction with diminished demand due to aggravating Covid-19 situation in Guangdong, exerted pressure on the fast-growth broiler market.
Following the recent week’s 10% tumble, prices of hybrid broiler corrected higher of late.
The upward scope of native broiler markets will be limited as consumers reduce chicken intake and consume more pork.
Full version of the report will be available at: https://spoutinfo.com/market-forecast-detail/30/32/281/3343
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