The current broiler procurement price is RMB8.5/kg, down 8% from last month. The gross returns from broilers are RMB18.33/bird, below the production cost by RMB0.53/bird.
The current young broiler price is RMB3.28/bird, down 21% from last month. As high broiler price has subdued consumption, it is likely that broiler price may drop in the near future. Even at the current market price, broiler production may induce moderate losses in July if farmers add young broilers to henhouses at the present time.
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