# SA poultry edges closer to being a R60bn industry - Moneyweb

> The South African Poultry Association says the local industry grew to about R59 billion over three years and invested R1.8 billion in 2022. However, it faces headwinds including Covid-19 impacts, avian flu culling of three million birds, and rising input costs that point to tough near-term conditions.

- Date: 2023-03-01 · published 2023-03-01T12:00:00.000Z
- Category: report · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/37023-sa-poultry-edges-closer-to-being-a-r60bn-industry-moneyweb
- Commodities: [Chicken](https://feedsoft.ai/c/CHICKEN.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Sustained industry investment supports long-term feed demand in South Africa, but near-term distress from input costs may curb flock expansion and feed purchases.

## Read by commodity

- SBM: neutral
- CORN: neutral
- CHICKEN: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-06-20 | [High and volatile egg prices impact markets and industry business models - Poultry News](https://feedsoft.ai/events/35649-high-and-volatile-egg-prices-impact-markets-and-industry-business-models.md) | -1.6% | -13.3% |
| CORN | 2024-09-12 | [Poultry price increases expected to ease: AgriTrends Report](https://feedsoft.ai/events/28464-poultry-price-increases-expected-to-ease-agritrends-report.md) | +4.9% | +5.1% |
| CORN | 2023-11-07 | [Global poultry markets recover as challenges ease - Rabobank
						 \| The Poultry Site](https://feedsoft.ai/events/33319-global-poultry-markets-recover-as-challenges-ease-rabobank-the-poultry-site.md) | -0.8% | -1.1% |
| CORN | 2024-09-04 | [2022-24 overview of HPAI’s effect on the US layer industry \| WATTPoultry.com](https://feedsoft.ai/events/28301-2022-24-overview-of-hpai-s-effect-on-the-us-layer-industry-wattpoultry-com.md) | -1.4% | +4.9% |
| CORN | 2022-01-13 | [European poultrymeat markets expected to recover in 2022 - Poultry Network](https://feedsoft.ai/events/43280-european-poultrymeat-markets-expected-to-recover-in-2022-poultry-network.md) | -1.3% | +5.3% |
| SBM | 2023-06-20 | [High and volatile egg prices impact markets and industry business models - Poultry News](https://feedsoft.ai/events/35649-high-and-volatile-egg-prices-impact-markets-and-industry-business-models.md) | -0.9% | +5.9% |
| SBM | 2019-10-15 | [From cloth to feed, cotton may have a new role for fish and poultry](https://feedsoft.ai/events/56694-from-cloth-to-feed-cotton-may-have-a-new-role-for-fish-and-poultry.md) | +0.6% | -1.8% |
| SBM | 2023-11-07 | [Global poultry markets recover as challenges ease - Rabobank
						 \| The Poultry Site](https://feedsoft.ai/events/33319-global-poultry-markets-recover-as-challenges-ease-rabobank-the-poultry-site.md) | +6.3% | -1.1% |

## Sources

- moneyweb.co.za: https://www.moneyweb.co.za/news/companies-and-deals/sa-poultry-edges-closer-to-being-a-r60bn-industry/

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