The demand for chicken products has skyrocketed and is increasing rapidly! The prices of domestic split chicken and frozen by-products such as drumsticks, claws, breast meat, wing tips, wing roots, and restaurant legs have seen significant increases. The prices of other individual items remain stable, and sales have slightly improved. In the poultry products category, the prices of chicks and broilers have slightly risen.
The prices of broiler products, including chicks and live chickens, have slightly increased. After the peak replenishment period in July, the domestic split chicken and frozen by-products have certain preferential policies for large-scale shipping in terms of refrigeration. Some first-level distributors have the intention to increase their inventory.
In the poultry sector: The price of live chickens has risen, and the price of chicks has tentatively followed the trend upward.
The trend of rising chicken prices is obvious, and the sales have improved. The slaughterhouses are eager to collect chickens and intend to raise the price of live chickens to encourage distributors to purchase. In the past two days, the price has increased in a gradual manner with each day showing a larger increase. The sentiment of farmers to hold back is strengthening, and due to the favorable weather these two days, they want to sell more by keeping the chickens in the barn. However, long-term holding still requires caution. Overall, the current market sales sentiment remains average. In the short term, it is appropriate to replenish funds but do not bet on the future market. Keeping the money in the bank is the best strategy. It is expected that in the short term, the price of live chickens will mainly fluctuate and increase slightly.
