养殖业2024年11月家禽销售跟踪：白鸡苗价上涨继续，黄鸡价格下跌

Investment Rating - The report maintains a rating of "Increase" for the industry [46][41]. Core Insights - The poultry industry is experiencing a rise in both chick prices and meat prices, indicating a recovery trend [41][9]. - The sales volume of egg-laying chicks has increased year-on-year, with a notable price increase as well [29][4]. - The white feather chicken segment shows a continued increase in chick prices and a recovery in chicken meat prices [9][4]. - The yellow feather chicken segment is facing price declines, with varied sales growth among companies [17][41]. Summary by Sections White Feather Chicken - In November 2024, the average price of chicks in major production areas was 4.27 CNY per chick, a month-on-month increase of 2.7% [4]. - The average chicken meat price in November was 9270 CNY per ton, reflecting a month-on-month increase of 0.9% [4]. - Major companies like Shengnong Development and Xiantan Co. reported average sales prices of 9751 CNY per ton and 9661 CNY per ton, respectively [4][9]. Yellow Feather Chicken - In November 2024, companies such as Wens Foodstuffs and Lihua Co. reported sales volumes of 11088.4 million and 4531.6 million chickens, with year-on-year growth rates of 3.6% and 14.3% respectively [17][41]. - Prices for yellow feather chickens have decreased significantly, with Wens Foodstuffs selling at 12.7 CNY per kg, down 4.4% month-on-month [17][41]. Egg-Laying Chicks - In November 2024, Xiaoming Co. sold 2411.97 million egg-laying chicks, a year-on-year increase of 26.43%, with an average price of 3.85 CNY per chick, up 56.6% year-on-year [29][4]. - The report indicates a strong demand for egg-laying chicks, with prices showing a clear upward trend [29][4]. Industry Trends - The overall capacity in the poultry industry is expected to increase, particularly in the parent stock segment, which saw a year-on-year increase of 11.1% in average stock levels [35][4]. - The report highlights a potential for price recovery in the white feather chicken segment, driven by consumer demand and adjustments in production capacity [41][41].