December 2, 2008
China Broiler Weekly: Increased supply weakens AA broiler prices (week ended Dec 1, 2008)


An eFeedLink Exclusive


Price summary


Broiler prices were significantly lower in most regions.



Market analysis


AA broiler


Prices of AA broilers plunged to new low levels as release volumes of contract broilers rose amid feeble demand. Buying interest of day-old-chicks was weak as farmers have not started their replenishments for the Spring Festival.

Inevitably, prices of AA broiler day-old-chicks fell to near breakeven point.


China breed broiler


Prices of China breed broilers was dragged down by falling prices of AA broilers. Demand was fundamentally weak.


Market forecast
In the near term, prices of both AA broilers and China breed broiler are seen to remain weak.


RMB1= US$0.1452 (Dec 2)

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