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RCL Foods disclosed that its Rainbow business has been hit by highly pathogenic avian influenza at 11 of 19 sites in its Inland region. An estimated 410,000 birds have been culled, with a financial impact of R115 million, and supply chain tension is expected.
Losses at a large integrated producer tighten South African poultry supply and reinforce expectations of higher chicken prices, which affects local demand for feed ingredients.
listcorp.comSep 28, 2023Not 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.
