June 26, 2021
China AA Broiler: Chick prices plunge amid crushing confidence (week ended Jun 21, 2021)
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.
Full version of the report will be available at: https://spoutinfo.com/market-forecast-detail/30/32/281/3357
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