Why is chicken cheaper in 2020? Reasons for the drop in chicken prices in 2020

After entering 2020, the price of broiler chickens has changed from the "crazy rise" in 2019, and has gradually fallen from the myth of high prices to low prices. Especially recently, whether it is the price of broiler chickens, ducklings, or chicks and ducklings, no one wants them, and their prices have gradually fallen back to about 2 to 3 yuan per catty. Why is chicken cheaper in 2020? Let's take a look at the reasons for the decline in chicken prices!

Why is chicken so cheap in 2020?

In fact, the main reason for the drop in chicken prices is the rapid expansion of poultry farming in the past six months. In addition, the growth rate of live chickens is particularly fast. Unlike live pigs, which take at least 10 months, live chickens can usually be slaughtered in 2 to 3 months. Naturally, the prices of chickens that are now slaughtered have plummeted.

Of course, it is also related to the current epidemic. Because of the strengthened prevention and control of the epidemic, traffic in various places has been obstructed, and the market trading of live poultry has been closed in various places due to the need for epidemic prevention and control. The catering industry in various places has also been in a state of stagnation since the Chinese New Year. All these reasons combined eventually caused the price of meat to plummet.

Reasons for the decline in chicken prices in 2020

1. Feed out of stock

Affected by the epidemic, our village is now in a state of closed isolation. Trucks from outside cannot come in, and some of the food stored at home is almost used up. This batch of chickens was supposed to be ready for farming at four months old, but now they are almost five months old. The daily cost is very high and we can’t afford it. We can only deal with it at a loss to stop the loss as soon as possible.

2. Markets are closed and slaughterhouses are slow to resume operations

Due to the impact of the epidemic, the trading market has not opened and it is difficult for slaughterhouses to resume work. This situation cannot be solved for the time being. The specific time of resumption is uncertain. Breeders cannot afford to waste time, and there are fewer purchases now, and there is a certain amount of price pressure.

Most large-scale breeders have made huge initial investments and will not stop breeding just because of a loss. I believe that after the epidemic is over and people's lives return to normal, prices will return to normal.

Chicken prices affected by the epidemic

At present, many farmers have a large number of broilers that have not been sold and are piled up in their hands. Therefore, after the epidemic is over, it is very likely that the price of chickens will continue to fall. In addition, avian influenza has already occurred in some provinces in my country, so the price of chickens will inevitably fall under this situation. Therefore, it will be a very difficult period for farmers, because last year due to the impact of African swine fever, many pig farmers switched to raising chickens. According to the current situation, it is estimated that these pig farmers will face losses after switching to raising chickens.

Will chicken prices recover after the epidemic?

After the epidemic, the price of broiler chickens will skyrocket. Yes, there will be a skyrocketing situation! Why is this? Now, due to the decline in broiler prices during this period, and the unstable broiler market, many chicken farmers are afraid to boldly replenish their chicks because of concerns about the epidemic. As a result, there is no demand for chicks in the breeder farms, and many chicks are thrown into the wild by the hatchery.

After the epidemic, as traffic in various places returned to normal, consumption also returned to normal. However, there was a gap in the supply and demand of broiler chickens during this period. Therefore, during the gap period, the price of broiler chickens also changed from the normal state of depression, and gradually returned to high prices from the low price. Therefore, the price of broiler chickens and eggs in the later period is still very optimistic.