Loading…
Philippine chicken prices rose in the week to September 23 as consumers shifted away from pork amid African swine fever outbreaks in Rizal, Bulacan and Quezon City. The United Broilers and Raisers Association reported regular chicken averaging P96 per kilo, up from P91, and warned against expanding production or imports on speculation the ASF shift will last long.
Substitution from pork to chicken lifts poultry demand and prices locally, but industry caution about oversupply limits the upside if pork demand recovers quickly. Feed buyers serving broiler producers may see firmer demand for poultry feed while output is held in check.
bworldonline.comCEDTyCleaSep 23, 2019Not enough comparable past events yet for a historical read.
After 117 past bearish disease events, Lean Hogs moved a median -0.6% over 5 sessions (36% higher; middle half -2.2% to +1.6%), and +1.2% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
