Chicken Price Bottoms out owing to the Improved Deep Processing Equipment
It is reported by the USDA that global chicken production in 2019 is 99.57 million tons, 4.19% higher than the corresponding period of 2018. Among them, China's chicken production is 138,000 tons, ranking first in the world. In the meantime, domestic chicken price is rising. However, since the beginning of this year, as pork production has picked up and prices have fallen, domestic chicken supply has exceeded demand and prices have hit a trough.
For chicken farmers, in order to reduce losses, the first thing is to reduce production. In addition to reducing production, there are still other ways to extend the industrial chain, such as slaughtering and processing. What’s more, it is widely believed that deep processing of chickens is a good choice for related farmers. At present, there is a wide range of deep processed chicken products on the market, including preserved chicken, sauce roast chicken, roast chicken, fried chicken, smoked chicken, chicken floss, chicken meat pie, chicken meatballs and so on. Therefore, there are also a lot of equipment involved in deep processing, such as deep-frying equipment in the production of fried chicken, tumbling and rubbing equipment in the production of sauce and roast chicken, and smoking equipment in the production of smoked chicken.
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At present, the chicken market is in the transformation from raw chicken processing to chicken deep processing. For broiler farmers enterprises, it is a good time to develop chicken preparation and cooked products processing. In recent years, China's meat processing equipment manufacturing enterprises have been constantly introducing foreign advanced equipment, and also began to absorb foreign advanced technology, thus they independently research and develop new production technology and equipment to support chicken deep processing industry.