October 19, 2011
An eFeedLink Exclusive
Broiler prices were stable to lower.
AA broiler prices rose early in the week on short supplies, before pushing lower by mid-week due to falling prices of chicken cut-up products and stalling broiler demand as most slaughterhouses were drawing on existing inventories.
Over the week, day-old chick prices extended decline as farmers were not motivated to replenish amid deteriorating price prospects for broilers.
China breed broiler
China breed broiler prices were little changed from the previous week as supplies remained largely flat.
Day-old chick prices slipped slightly over the week.
In the coming week, broiler prices are unlikely to improve significantly as post-holiday demand is slow to warm up.
RMB1=US$0.1567 (Oct 19)
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