# Inventory of parental breeders decreased, feeding profits of commercial broilers rose sharply, and prices of broiler chicks increased largely - Analysis and Viewpoints of China Agriculture  - CnAgri-China Agriculture Consultant

> Chinese data show white broiler chick prices reached 6.12 yuan per bird at the end of October 2018, up 288% year on year. Breeder inventories are below normal, and African swine fever has boosted chicken consumption, with farm gross profits rising sharply.

- Date: 2018-11-09 · published 2018-11-09T12:00:00.000Z
- Category: disease · region China · magnitude medium
- Page: https://feedsoft.ai/events/62198-inventory-of-parental-breeders-decreased-feeding-profits-of-commercial-broilers
- Commodities: [Chicken](https://feedsoft.ai/c/CHICKEN.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Tight breeder supply and rising chicken demand from African swine fever substitution support Chinese chicken prices and could lift demand for feed ingredients such as corn and soymeal.

## Read by commodity

- SBM: bullish ▲
- CORN: bullish ▲
- CHICKEN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-04-02 | [Bad weather and the spread of highly pathogenic avian influenza (AI) increase agricultural and livestock prices in South Korea](https://feedsoft.ai/events/12940-bad-weather-and-the-spread-of-highly-pathogenic-avian-influenza-ai-increase.md) | +0.4% | +22.0% |
| CORN | 2019-03-16 | [eFeedLink - Is China's broiler sector finally rebounding?](https://feedsoft.ai/events/60247-efeedlink-is-china-s-broiler-sector-finally-rebounding.md) | +2.6% | -3.5% |
| CORN | 2019-07-10 | [China’s egg prices surge as swine fever boosts demand for chickens](https://feedsoft.ai/events/58097-china-s-egg-prices-surge-as-swine-fever-boosts-demand-for-chickens.md) | +0.4% | -5.9% |
| CORN | 2020-04-21 | [China pork supplies under pressure in second-quarter, prices may peak around September: official](https://feedsoft.ai/events/53631-china-pork-supplies-under-pressure-in-second-quarter-prices-may-peak-around.md) | -1.6% | +0.5% |
| CORN | 2019-08-30 | [eFeedLink - China's Re-booted Poultry Sector, Version 2.0: Rising chickens, falling pigs and new eating trends](https://feedsoft.ai/events/57739-efeedlink-china-s-re-booted-poultry-sector-version-2-0-rising-chickens-falling.md) | -2.4% | +1.4% |
| SBM | 2020-03-30 | [NCP affects vegetable oil consumption and livestock production, and new changes appear in vegetable oil and meal markets - China Oil and Oilseeds Report - CnAgri-China Agriculture Consultant](https://feedsoft.ai/events/54211-ncp-affects-vegetable-oil-consumption-and-livestock-production-and-new-changes.md) | -6.2% | -11.7% |
| SBM | 2019-03-16 | [eFeedLink - Is China's broiler sector finally rebounding?](https://feedsoft.ai/events/60247-efeedlink-is-china-s-broiler-sector-finally-rebounding.md) | +1.4% | -0.9% |
| SBM | 2019-07-10 | [China’s egg prices surge as swine fever boosts demand for chickens](https://feedsoft.ai/events/58097-china-s-egg-prices-surge-as-swine-fever-boosts-demand-for-chickens.md) | +0.2% | -4.2% |

## Sources

- en.cnagri.com: http://en.cnagri.com/news/insight/20181109/299685.html

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