November 8, 2011

 

China Broiler Weekly: Prices accelerate amid shortages (week ended Nov 8, 2011)

 

An eFeedLink Exclusive

 
 

Price summary

 

Broiler prices were mostly higher.

 
 

 

Market analysis

 

AA broiler


AA broiler prices gained sharply over the week, as slaughterhouses hiked prices to compete for short supplies and to stimulate farmers' replenishment for the year-end high demand season. 

 

Day-old chick prices surged strongly with both integrators and farmers stepping up their purchases.

 

China breed broiler


China breed broiler shortages bolstered prices in Shandong and Hebei provinces, while Guangdong and Jiangsu prices were weakened by lacklustre chicken demand.

 

New Year-holiday restocking activities buoyed up day-old chick market over the week.

 

Market forecast


Broiler market is set to stand firm on tight supplies in the week ahead.


RMB1=US$0.1574 (Nov 8)

 

 
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