Welcome to Journal of Agriculture,

Journal of Agriculture ›› 2017, Vol. 7 ›› Issue (5): 96-100.doi: 10.11923/j.issn.2095-4050.cjas16120014

Special Issue: 畜牧兽医

Previous Articles    

Chicken Price and Feed Price: Short-term Dynamic Relationship and Long-term Equilibrium

  

  • Received:2016-12-13 Revised:2017-03-30 Accepted:2017-04-25 Online:2017-05-26 Published:2017-05-26

Abstract: To know the short-term dynamic relationship and long-term equilibrium of chicken price and feed price, based on the analysis of the relationship of chicken price and feed price, we selected chicken price, maize price and legume price from January 2010 to March 2014, used ARDL-ECM model, to determine the short-term dynamic relationship and long-term equilibrium relationship. The results show that maize price and legume price have positive influence on chicken price, and the long-term influence is much greater than the short one. Both the long-term and short-term influence of maize price on chicken price is higher than that of legume price. Based on this conclusion, government can make timely adjustment through regulation and oversight, to stabilize the market price of corn, soybean meal and chicken.