Ministry of agriculture and rural areas: Chinas chicken farming falls into a loss

category:Finance
 Ministry of agriculture and rural areas: Chinas chicken farming falls into a loss


Novel coronavirus pneumonia is a major factor in the price of chicken. Chen Guanghua said that the main reason for the chicken consumption was the increase in production and consumption, and the consumption of the new crown pneumonia during the epidemic.

From the supply side, chicken production increased significantly. Chen Guanghua said that in the first three quarters of this year, broiler sales increased by 5.2% year-on-year, 9.8% higher than the average level in recent five years. From the demand side novel coronavirus pneumonia situation has caused certain consumption of chicken consumption. In the first three quarters, the volume of white chicken in the whole market was reduced by 15.8% compared with the same period last year. Since March, the supply of pork has improved significantly, and the consumption demand of chicken has also decreased. Chen Guanghua said that the stock of broilers has begun to decline recently, but it is still at a historical high. The supply of chicken market is loose, and the price in the fourth quarter will remain low. Farmers are speeding up the adjustment of excess capacity. In addition, the peak consumption season of new years day and Spring Festival is coming soon. It is expected that the market will gradually warm up, and the aquaculture benefits are expected to gradually recover. Chen Guanghua said. Liu He: Chinas economic growth in 2020 is a big probability event. The centralized purchase of 1.07 million coronary stents will drop from 10000 yuan class to nearly 1000 yuan, and the founder of Uber, karanik, purchased several real estate: march into the shared kitchen. Source: China News Network responsibility Editor: Zhong Qiming_ NF5619

From the supply side, chicken production increased significantly. Chen Guanghua said that in the first three quarters of this year, broiler sales increased by 5.2% year-on-year, 9.8% higher than the average level in recent five years. From the demand side novel coronavirus pneumonia situation has caused certain consumption of chicken consumption. In the first three quarters, the volume of white chicken in the whole market was reduced by 15.8% compared with the same period last year. Since March, the supply of pork has improved significantly, and the consumption demand of chicken has also decreased.

Chen Guanghua said that the stock of broilers has begun to decline recently, but it is still at a historical high. The supply of chicken market is loose, and the price in the fourth quarter will remain low.

Farmers are speeding up the adjustment of excess capacity. In addition, the peak consumption season of new years day and Spring Festival is coming soon. It is expected that the market will gradually warm up, and the aquaculture benefits are expected to gradually recover. Chen Guanghua said.