# Price hikes on basic food items 'unjustified' - Competition Commission

> South Africa's Competition Commission says food producers and retailers imposed unjustified price increases on sunflower oil, bread and maize meal over 2021-2022. It also noted that trade policy decisions affected poultry product prices in 2022.

- Date: 2023-03-29 · published 2023-03-29T12:00:00.000Z
- Category: policy · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/37021-price-hikes-on-basic-food-items-unjustified-competition-commission
- Commodities: [Chicken](https://feedsoft.ai/c/CHICKEN.md), [Sunflower Meal](https://feedsoft.ai/c/SUNMEAL.md)

## Why it matters

The report signals regulatory scrutiny of food pricing in South Africa, which may affect margins for poultry and maize-based feed chains but has limited direct effect on world grain or oilseed prices.

## Read by commodity

- CHICKEN: neutral
- SUNMEAL: neutral

## Sources

- bizcommunity.com: https://www.bizcommunity.com/Article/196/307/237216.html

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