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South African chicken prices are expected to rise over the festive season, according to ChickenFacts and the National Agricultural Marketing Council. Drivers cited include feed costs, drought, avian flu, civil unrest, fuel prices and higher tariffs on chicken imports.
Retail prices for several chicken cuts rose 4% to 10% between quarters.
Higher feed and fuel costs and tighter import conditions support domestic chicken prices and demand for feed ingredients in South Africa.
iol.co.zaBanele GinindzaDec 7, 2021Not 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.
