Recently, the price of chicken products has quietly risen, and "rocket eggs" and "chicken claw assassins" have been frequently searched. The topic of "the price of chicken feet is close to beef" sparked heated discussions on the Internet, and some netizens said that "the defense is broken" and "I can't afford to eat it".
In addition to end products, the prices of upstream chicks and hairy chickens are also rising. A-share related sectors also responded, and the stock prices of many listed companies in the chicken sector rose sharply.
It is worth noting that under the current market, chicken enterprises focus on promoting the introduction of seeds and domestic substitution of seed sources to alleviate the tension of seed sources. Industry companies said that with the arrival of the peak season in the third quarter, there is still room for further increases in chicken prices.
The price of chicken feet is close to that of beef
Since the beginning of this year, a variety of daily consumption of fresh food has ushered in price reductions, and topics such as "durian freedom" and "salmon freedom" have been widely discussed by the public. But on the contrary, chicken feet, as a "national" snack, have quietly risen to a high level.
In the topic of rising prices of chicken feet on the Internet, many netizens said that the price of fresh chicken feet in supermarkets around them has risen a lot, and some have reached more than 30 yuan a catty, and the price is close to beef. Some netizens said that the chicken feet in some lo-mei stores are sold for more than 80 yuan a catty, or even nearly 100 yuan.
The reporter searched on the online platforms of several large supermarkets and saw that the price of fresh chicken feet was generally more than 30 yuan per catty, and the price of frozen chicken feet was about 20 yuan per catty.
Taking RT-Mart as an example, the reporter searched for three chicken feet products on the platform. Among them, the price of Xiangjia Food's chilled chicken feet is 42.8 yuan/500g, Zhonghui's chilled chicken feet are 23.8 yuan/350g, and the cheapest frozen chicken feet also need 20.9 yuan/500g.
Searching for fresh beef products, the cheapest one is imported raw cut beef brisket from Brazil at 35.8 yuan/500g, and the second best-selling Australian fresh-cut beef leg meat is priced at 39.9 yuan/500g, and there are many fresh beef prices in the range of 40 yuan to 50 yuan (all 500g).
The reporter's search results on platforms such as Hema and Yonghui Life are also broadly similar.
In addition, the price of finished chicken feet in snacks, such as tiger skin chicken feet, pickled pepper chicken feet, lemon chicken feet, etc., is higher.
Taking the mixed pack of Wang Xiaolu boneless phoenix claws sold in the box as an example, the original price of the product is 39.8 yuan/144g, and the discounted price is 31.8 yuan/144g. Converted, the discounted price reached about 110 yuan / catty.
From the perspective of raw materials, the price of fresh chicken feet has gradually increased in the past two years.
According to the data of the agricultural products trading platform "One Mu Field", on July 16, the average price of domestic chicken feet was 18.33 yuan / catty, and the average price of boneless chicken feet was 22.93 yuan / catty. Compared to the low price in 2021, the price of chicken feet has increased by nearly 50%.
Behind the rise in the price of chicken feet is the change in the supply and demand pattern of products.
It is understood that in recent years, the demand for chicken feet has shown an increasing trend. According to statistics, the consumption of phoenix claws will reach 564,500 tons in 2022, an increase of 194,500 tons compared with 2018.
At the same time, the supply of chicken feet has declined, especially in terms of imports, customs data show that in the first quarter of 2024, the mainland imported a total of 100,000 tons of frozen chicken feet, a year-on-year decrease of three percent.
In addition to chicken feet, "rocket eggs" are also in the spotlight. Since late June this year, egg prices have continued to soar, rising by nearly 30% in the past half month.
According to the data monitoring of the statistical agency Mysteel, the price of eggs was 3.48 yuan / kg on June 19, and then started a rising mode, reaching 4.52 yuan / kg last Friday (July 12), an increase of 29.89%. In addition, the price of white-feathered chicken feathered chickens also increased by 10% in one month.
Supply and demand are tight
The price of terminal products has risen, as well as the prosperity of the industrial chain, and the A-share chicken concept sector has ushered in a general rise recently.
After the harvest of Xiangjia shares on the previous day, it hit the daily limit again on July 16, and finally closed up 4.14%, in addition, Tiankang Biological, Tang Renshen, Minhe shares, and Yisheng shares followed up.
From the perspective of the industrial chain, the ups and downs of the prosperity of the chicken industry are a major influencing factor from the chicken seedling link.
Since June this year, the price of white feather chicks has bottomed out. The market quotation of Yisheng shares and Minhe shares shows that the latest price is 3.7 yuan / feather, up 25% from the beginning of the month.
Since May 2022, affected by factors such as international flight transportation and United States avian influenza, the number of imported white-feathered broiler breeders in mainland China is at a low level. It is precisely because of the mismatch between supply and demand of chicks that the profitability of the chicken industry fluctuates significantly.
Last year, the sales of chicken products were tight, and listed companies in the industry made a lot of money. In the first half of this year, the price of chicken products continued to decline, and the performance of related companies declined year-on-year.
With the market booming again, companies in the industry are doing well.
For example, Yisheng shares told reporters that the parent generation of white feather broiler breeders is in an upward boom cycle, and the current price of the company's parent generation broiler breeders is 70 yuan / set, which has risen sharply for 2 consecutive months. But even so, the company's parent breeders are still in short supply, and the parent breeders before September this year have been booked.
Yisheng shares expect that from the demand side, in the third quarter of each year, there are barbecue season, school opening, Mid-Autumn Festival, National Day and other holidays, usually the peak season for consumption, which will drive the price of chicken to rise, thereby driving the improvement of the enthusiasm of chicken breeding in the farm and the increase in demand for commercial chicken seedlings.
From the supply side, since May 2022, the reduction in the introduction of grandparent white-feathered broiler breeders has begun to have an impact on the output of commercial chicks this year.
Yisheng shares predicts: "Under the dual influence of good demand and tight supply, it is expected that the price of white feather broiler chicks will be better in the third quarter of 2024." In the future, you can pay attention to the price of chicken and pork, if the price of chicken and pork is higher, the height of the chick rebound will be higher. ”
Enterprises promote the introduction of seeds
In the context of the shortage of white feather chicken breeds, the company focuses on promoting the introduction of seeds.
A few days ago, Yisheng Co., Ltd. announced that the company successfully introduced 10,000 sets of Lifeng grandparent white feather broiler breeders from United States, and plans to introduce another 10,000 sets of grandparent broiler breeders later this month, which will be the company's third batch this month and the tenth batch of this year's introduction from abroad.
Up to now, the introduction of grandparent broiler breeders in Yisheng Co., Ltd. accounts for more than 30% of the introduction of grandparents broiler breeders in mainland China this year, and it is the company with the largest number of grandparent broiler breeders in mainland China.
In response to the current overseas introduction situation, the relevant person in charge of Yisheng Co., Ltd. told the Securities Times reporter that because of the United States of avian influenza, only Oklahoma can currently supply seeds to the mainland.
It is worth noting that at present, domestic enterprises are also promoting the domestic substitution of chicken seedlings. In terms of listed companies, Sunner Development and Yisheng Co., Ltd. have launched their own seed source products.
"Whether a breeder breed is good or not depends not only on the production indicators such as the egg production rate of the breeder, but also on the production indicators such as the feed-to-meat ratio and meat yield of commercial chickens." Talking about the bottleneck of the current domestic substitution of chicken seedlings, the relevant person in charge of Yisheng said that the improvement of a single index of seed source research and development cannot be based on the premise of sacrificing other indicators, but depends on the comprehensive income.
"Both domestic breeding companies and international breeding companies are continuing to do breeding work, international breeding companies have a breeding history of more than 100 years, and it is difficult for domestic breeding companies to catch up with international companies in the short term. The key to import substitution in the future depends on the performance improvement of domestic chickens. He said. (Source: Securities Times)