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UK chicken farmers say soaring feed, energy and packaging costs now exceed the prices they receive for birds. Live bird prices rose about 11% since before the Russia-Ukraine war to about £1.05/kg, while feed, which makes up nearly three-quarters of input costs, rose 20-30% over two years.
Cheaper imports and meat-free alternatives add pressure.
Persistent feed cost pressure is forcing UK poultry producers out, which could cut domestic feed demand. Cheaper imports from abroad may increase competition for UK chicken supply.
theguardian.comJoanna PartridgeMay 1, 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.
