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Avara Foods CEO Andy Dawkins says supermarket chicken prices remain artificially low despite average prices rising 14.4% last year. He said producer margins have improved but rising wages, borrowing and infrastructure costs keep the sector under strain.
The UK government confirmed a supply chain review of the poultrymeat sector.
Sustained cost pressure on UK producers could reduce flock sizes and feed purchasing over time, while retail price pressure stays a factor for poultry demand. The direct effect on feed commodity prices is limited.
thegrocer.co.ukKevin WhiteFeb 22, 2024Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
