Study on price transmission in China's broiler industry chain based on MCM

摘要

This paper studies price transmission mechanism of China's broiler industry chain with Market-chain Cooperated Model (MCM), according to the monthly price data of corn, broiler compound feed, broiler chicks, live chicken and eviscerated chicken from 1994 June to 2011 October. The result shows that the price system of China's broiler industry chain exists price transmission relationship, the price of representative products from upstream and midstream conducts obviously to downstream, and broiler compound feed price plays an important role in the price system. The result also indicates that the interior adjusting of broiler industry chain cannot guarantee that the entire price system recover to balance quickly. Therefore, the government needs to regulate timely the price system of broiler industry chain, especially the price change of feed and live broiler to maintain the price system relative stable.