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China - Price of chicks up 263% over the same period last year due to lack of breeders + after African swine fever hits pig supply - October 31, 2018

sharon sanders

Editor-in-Chief & President
The price of chicks hit a nine-year high new poultry chain and the economy accelerated (up to beneficiary stocks)

[FONT=&#23435]0 Comment2018-10-31 07:04:35 [/FONT]
[FONT=&#23435]The industry believes that the recent introduction of avian flu in major importing countries such as France and the United States will continue to be low introduction in 2019, and the supply of breeding stocks will continue to decline, making the supply of the industry continue to be tight.[/FONT]

[FONT=&#23435]  According to the data of the agricultural and animal husbandry information professional website Boya and News, on October 30, the domestic white feather meat chicken seedlings prices continued to rise by 0.1 yuan -0.25 yuan / feather, an increase of 1.6% -4%, Shandong, Henan and other major producing areas prices generally climbed 6 yuan / feather. From the average price of chickens in the main producing areas, the past week (as of October 26) reached 5.63 yuan / feather, a monthly increase of nearly 36%, an increase of 263% over the same period last year. Due to the fact that the sales volume of parental chickens in the first quarter of this year was much lower than that of previous years, the shortage of broiler chickens in the fourth quarter was insufficient. The price of broiler chickens increased by nearly 16% after the National Day holiday. The increase in profitability of farmers has increased the confidence of the larvae and supported the price of chickens. The market outlook is expected to continue to rise.
  The industry believes that the recent introduction of avian flu in major importing countries such as France and the United States will continue to be low introduction in 2019, and the supply of breeding stocks will continue to decline, making the supply of the industry continue to be tight. On the demand side, the consumption substitution brought by the spread of African swine fever makes demand in the peak season more than expected.
  The poultry chain boom is accelerating, and Minhe shares ( 11.96 +1.87% , Diagnostics ), Yisheng shares ( 15.40 +1.85% , diagnostic stocks ) and other domestic commodity broiler chicken production leading enterprises, as well as Shengnong Development ( 15.98 +0.69% , diagnostic stock) and other broiler industry integration The fourth quarter results of the dominant enterprises are expected to exceed expectations.

http://stock.jrj.com.cn/2018/10/31070425283403.shtml
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