# Cheaper chicken expected as govt slashes import tax - but port woes may bite  | News24

> South Africa's trade commission cut import duties on chicken through temporary rebates of 25% to 30% after a bird flu outbreak. The commission estimates a 172,000-tonne shortfall in poultry products this year that imports should cover. Port problems could limit how much cheaper chicken reaches consumers.

- Date: 2024-01-30 · published 2024-01-30T12:00:00.000Z
- Category: policy · region South Africa · magnitude medium
- Page: https://feedsoft.ai/events/32283-cheaper-chicken-expected-as-govt-slashes-import-tax-but-port-woes-may-bite
- Commodities: [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Why it matters

Lower import duties should pull in more foreign chicken and ease local shortages, which weighs on domestic chicken prices. Port delays could blunt that effect.

## Read by commodity

- CHICKEN: bearish ▼

## Sources

- news24.com: https://www.news24.com/business/economy/cheaper-chicken-expected-as-govt-slashes-import-tax-but-port-woes-may-bite-20240130

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.