Will the price of chicken and duck drop in 2020, and what are the prospects for farming?

In 2019, due to the impact of African swine fever, not only did the price of pork rise rapidly, but the prices of other vegetables and meats also rose. The prices of chicken and duck meat also rose very quickly, so will the price of chicken and duck drop in 2020? What are the farming prospects?

1. Will the price of chicken and duck drop in 2020?

The main factor in price changes for chicken and duck meat is the relationship between supply and demand. If the market supply of chicken and duck meat is less than demand, the price of chicken and duck meat will rise to a certain extent. Because of the impact of swine fever in 2019, the supply of pork fell sharply, causing chicken and duck meat to be in short supply and prices to rise.

Although the ingredients currently available are extremely rich, including beef, mutton, chicken, duck and so on, the prices of high-quality meats such as beef and mutton on the market are relatively high. Only those households with higher incomes may eat them in large quantities; many families with ordinary economic conditions are limited and will only eat them occasionally, and they will choose relatively low-priced chicken and duck in large quantities as ingredients. It is expected that pork supply in 2020 will still not be fully balanced, so chicken and duck meat will still be needed as a substitute, so it is expected that the price of chicken and duck meat will not drop in 2020.

In addition, due to the impact of African swine fever, some consumers have certain misunderstandings about African swine fever and may reduce their consumption of pork and choose to consume chicken and duck; because the rise in pork prices will lead some consumers to choose to consume chicken and duck, all of these will increase the consumption of chicken and duck, while the supply of chicken and duck cannot be balanced in a short time, so the possibility of a drop is relatively good.

2. What are the prospects for farming chicken and duck in 2020?

Since ancient times, chickens and ducks have been poultry widely raised by people. The public's acceptance of chicken and duck meat is relatively strong, and in addition, the price of chicken and duck meat may not drop in 2020, so the prospects for farming are still very good. Moreover, because raising chickens and ducks is also relatively simple, many farmers have raised them at home, and large-scale farms have richer experience. The technical difficulty of farming is relatively low, making it very suitable for mass farming.

The price of chicken and duck meat may not fall in the short term, and the prospects for farming are very good, making it suitable for large-scale farming in 2020.