Demand for chicken products improved, helping slaughterhouses to clear stocks, hence supporting the sales of AA broiler. In anticipation of higher prices with the approaching of Chinese New Year, farmers withheld releases, helping prices to move higher.
During 2020's steep COVID-19 recession, chicken output kept growing and Chinese demand prevented a steep fall in exports. –But exporters must now contend with an anticipated 800,000 drop fall in Chinese imports over five years.
Up for the third week, fast-growth native broiler prices strengthened amid robust demand as Chinese prepared for the celebration of Winter Solstice Festival.