# Broiler Alert: Chinese Chicken Farmer Expects 2,700% Profit Leap

> Shandong Yisheng Livestock and Poultry Breeding expects first-half 2019 net income of 900-905 million yuan, up from 32 million yuan a year earlier, according to a Shenzhen exchange filing. The company attributes the jump to significant price hikes on white-feathered broilers amid tight supply.

- Date: 2019-08-01 · published 2019-08-01T12:00:00.000Z
- Category: disease · region China · magnitude low
- Page: https://feedsoft.ai/events/58235-broiler-alert-chinese-chicken-farmer-expects-2-700-profit-leap
- Commodities: [Chicken](https://feedsoft.ai/c/CHICKEN.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Chinese broiler prices are surging as African swine fever shifts meat demand toward poultry, supporting feed demand for chicken and tightening the broiler supply picture.

## Read by commodity

- CORN: neutral
- CHICKEN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2018-01-24 | [Avian Flu Spreading to Broiler Chicken Farms](https://feedsoft.ai/events/67135-avian-flu-spreading-to-broiler-chicken-farms.md) | +1.0% | +1.6% |
| CORN | 2018-05-14 | [Chinese poultry farm hit by avian flu \| WATTAgNet \| WATTPoultry.com](https://feedsoft.ai/events/64898-chinese-poultry-farm-hit-by-avian-flu-wattagnet-wattpoultry-com.md) | +1.7% | -1.8% |
| CORN | 2023-05-17 | [Brazil boosts bird flu defense to protect world's top chicken industry](https://feedsoft.ai/events/36083-brazil-boosts-bird-flu-defense-to-protect-world-s-top-chicken-industry.md) | +2.4% | +0.5% |
| CORN | 2023-01-24 | [Consumers can Expect Egg Prices to Decline, but not to 2021 Levels](https://feedsoft.ai/events/37787-consumers-can-expect-egg-prices-to-decline-but-not-to-2021-levels.md) | +1.2% | +1.1% |
| CORN | 2017-04-13 | [Bird flu redirects trade flow of U.S. chicken, eggs, grains](https://feedsoft.ai/events/71500-bird-flu-redirects-trade-flow-of-u-s-chicken-eggs-grains.md) | -2.1% | +0.9% |

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2019-07-09/broiler-alert-chinese-chicken-farmer-expects-2-700-profit-leap

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.