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23

2022

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08

White Feather Broiler Production Stabilizes and Is Expected to Resume Growth in H2

Source:

The Chinese chicken market fluctuates, and the monthly average price still rises slightly, indicating that the consumption is still weak. The price of live chicken is stable, reflecting that the demand is stable and still has a small increase.

 

The Chinese chicken market fluctuates, and the monthly average price still rises slightly, indicating that the consumption is still weak. The price of live chicken is stable, reflecting that the demand is stable and still has a small increase.

 

The number of live chickens started to recover in Jun, reaching more than 500 million. The number of chickens sold in Jul was basically the same as that in Jun, with a YoY decrease of 14.7% and a cumulative decrease of 10%. Listed enterprises continued to maintain the growth trend, and the output in Jul increased by 18.1% YoY. The market price of live chicken continued to rise from late Mar to mid Apr, and began to fall after mid Jun, and then kept fluctuating around 9.7 yuan / kg. The average price in Jul was the same as that in Jun. The prices of young chick and feed were slightly reduced, the breeding cost was slightly reduced, and the production income increased by 4.6% MoM.

 

From the perspective of production turnover, the number of live chickens sold, the supply of chicken and the supply of young chicks in Aug will increase slightly compared with that in Jul; from the perspective of consumption, Aug is the peak season for tourism and barbecue, which is conducive to the growth of chicken consumption. Therefore, the consumption demand from Aug to Sept expect to increase.