China - Chicken broilers prices hit record lows due to H7N9 bird flu - lowest prices since 2006

[sharon sanders]

Even though H7N9 bird flu has never been confirmed on any poultry farms, demand sinks.


machine translation

Prices hit record lows, the broiler industry into the history of the longest downturn
2014年01月17日09:20 China Securities News

　　At the end of the seed industry usher in a major favorable policies, but also fancies different broiler industry in 2013 has gone from one disappointment to another disappointment. Since 2006 in the longest winter, several leading companies in helpless while only continue to "boil" down. 　　In the case of fast-growing chickens event's impact on the industry in 2012 continued into 2013, the bird flu outbreak after another full year 2013 was also the first time the whole industry bottomed out in the hope of bathing. March 31, 2013, the National Health and Family Planning Commission informed of the first case of human infection with the H7N9 avian influenza. As of December 31, 2013, Shanghai, Anhui, Jiangsu, Zhejiang, Beijing, Henan, Shandong, Jiangxi, Hunan, Fujian, Hebei, Guangdong, Hong Kong and Taiwan reported a total of 148 cases of confirmed cases, including 46 cases of death. Beginning of this year, H7N9 bird flu strikes again, Shanghai, Zhejiang, Guangdong, Jiangsu and other places have been notified of confirmed cases. In this context, the demand side has experienced the longest period in the history of the doldrums, day-old chicks and broiler prices hit record lows, all listed companies have suffered serious losses.

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[sharon sanders]

Re: China - Chicken broilers prices hit record lows due to H7N9 bird flu - lowest prices since 2006

machine translation

snip


To go before the end of the outbreak of H7N9, for example, although the pandemic did not happen, but the prevention and control costs in the first time the government has a huge sum, Shanghai and other places of live poultry markets after detecting H7N9 bird flu virus has taken a close market, epidemic control measures such as culling of live poultry.

　　According to the China Animal Husbandry Association preliminary estimates, once the epidemic warning in 2013, broiler chicks caused a direct loss of more than 3.7 billion chickens and chicken products lost sales over 13 billion yuan, the industry is facing enormous pressure and challenges. As a comparison study of the reference, at all levels of our financial arrangements during the SARS epidemic in 2003 a total of 13.3 billion yuan of funds SARS prevention. Government, through measures to subsidize the cost of the acquisition price farmers will bear up the social and economic losses, which in turn caused huge financial burden. Also part of the rescue fund local government expenditures addition, direct government spending but also from the cost of treatment for those infected and testing of the initial outbreak, the local government to deal with bird flu continues to spread formed.

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