# China based chicken breeder Guangdong Wen overhauls poultry business after bird flu toll | World News - The Indian Express

> Chinese breeder Guangdong Wen reported a nearly 63% drop in nine-month profits after the H7N9 bird flu outbreak hit its business. The company has switched to new broiler breeds and expanded chilled poultry sales as demand and prices recovered in the third quarter.

- Date: 2017-10-30 · published 2017-10-30T12:00:00.000Z
- Category: disease · region China · magnitude low
- Page: https://feedsoft.ai/events/68610-china-based-chicken-breeder-guangdong-wen-overhauls-poultry-business-after-bird
- Commodities: [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Why it matters

Lost bird flu production and closed live bird markets reduced China's poultry supply, which supports poultry prices. Recovering demand and a shift toward broiler production point to a gradual rebuild of supply.

## Read by commodity

- CHICKEN: bullish ▲

## Sources

- indianexpress.com: https://indianexpress.com/article/world/china-based-chicken-breeder-guangdong-wen-overhauls-poultry-business-after-bird-flu-toll-4913314/

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