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AA broiler prices were stable to higher in most regions.
AA broiler prices rose marginally as buyers compete for broilers in a tight market. Currently, most AA broiler farmers were operating in the black after the recent wave of price hikes.
In contrast, breeding farms were in the negative territory as prices of AA broiler day-old-chicks fell to new low.
China breed broiler
News of tainted eggs in Hong Kong depressed prices of China breed broilers, especially in Guandong. In Shandong and Hebei, where the impact was weaker, prices managed to move up slightly.
Meanwhile, prices of China breed broilers weakened in Sichuan as demand remained sluggish.
In the near term, prices of AA broiler will likely remain stable while China breed broiler is seen to rebound from its current pit as the New Year draws near.
RMB1= US$0.1460 (Dec 16)
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