Broiler business revenue recovery industry or has entered a new upward cycle ...

"The price of chicken wings and chicken feet is more than 20 yuan / catty, 2 pounds 40 yuan, which is much more
expensive than the previous purchase.

Recently, a reporter from China Business Daily visited and found that the price of chicken products such as chicken legs, chicken breasts, and chicken wings has quietly risen, and the income of broiler enterprises such as Xiantan Shares, Shengnong Development and Yisheng Shares has also increased significantly in
August this year.

A pound of chicken products rose by one or two dollars

"The recent upward trend in the price of chicken wings is more obvious
.

"Compared to the price of the previous month, the previous quarter, the previous year, the price of chicken products has
indeed increased.

"Eating chicken is expensive because the value of broiler chicken has risen
.

According to the data released by the commodity analysis agency, the average price of broiler chickens in August this year was 4.

Corporate revenue is gradually picking up

The increase in broiler prices in August this year has been reflected in the company's financial data
.

In August this year, Yisheng sold 46.

"In August this year, the average profit of the theoretical breeding of broilers was 2.

Yisheng shares said that according to the seasonal consumption law of chicken products, good factors such as barbecue season, school opening, and National Day holidays are conducive to the upward price of broiler chickens, driving the price of commodity chicken seedlings to rise, and the sales price of the company's commodity chicken seedlings is also on the market
.

Sunner Development also said that with the gradual recovery of the downstream catering industry and the arrival of the peak consumption season, the company's chicken sales price in August continued to increase
compared with July.

Has the industry inflection point come?

It should be noted that the broiler chicken inventory in 2020 and 2021 is at a high level, and the industry continues to be sluggish
due to overcapacity.

"The broiler industry has now entered a new cycle
.

Yisheng shares also believe that in terms of supply, the supply of broiler chickens has decreased
significantly year-on-year.

It is worth noting that at present, the expansion of slaughtering enterprises will continue to promote the price of broilers
.

Wang Xinyu said: "Leading enterprises in various places still have plans to
expand production.