November 2, 2011


China Broiler Weekly: Prices tick up on supply shortfall (week ended Nov 1, 2011)


An eFeedLink Exclusive



Price summary


Broiler prices were stable to slightly higher.


Market analysis


AA broiler


Despite slow chicken product sales, slaughterhouses lifted purchase prices for AA broilers to maintain their operations after broiler supplies tapered down slightly.

Farmers were not motivated to replenish due to weaker broiler market and steep rearing costs. Over the week, day-old chick trading was mainly supported by restocking from large integrators.


China breed broiler


Tighter availability perked up China breed broiler market, but price gains were capped by poor demand for chicken products. Most farmers were still in the red.

Day-old chick prices stayed flat over the week.



Market forecast

Broiler market is poised to slowly recover in the near term, underpinned by current supply shortfall.

RMB1=US$0.1573 (Nov 2)


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