# RCL Foods expands in pet food and looking for acquisitions - FOODStuff SA

> RCL Foods completed a R123 million expansion of its South African pet food plant to reduce reliance on its poultry business, which has been hit by drought and cheap imports. The company reported higher first-half profit on lower input costs and higher chicken prices.

- Date: 2018-03-09 · published 2018-03-09T12:00:00.000Z
- Category: weather · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/66152-rcl-foods-expands-in-pet-food-and-looking-for-acquisitions-foodstuff-sa
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Company diversification is a corporate move with limited immediate effect on grain or meal prices. It mainly reflects ongoing pressure from El Niño drought on South African input costs.

## Read by commodity

- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-07-15 | [Cattle and beef markets looking for summer direction: Peel](https://feedsoft.ai/events/58218-cattle-and-beef-markets-looking-for-summer-direction-peel.md) | -2.6% | -7.4% |
| CORN | 2026-08-20 | [Scattered Showers Creating Mixed Conditions for Corn and Soybean Fill Period](https://feedsoft.ai/events/12970-scattered-showers-creating-mixed-conditions-for-corn-and-soybean-fill-period.md) | +6.7% | +10.6% |
| CORN | 2026-09-10 | [Drought expands in the lower Midwest - Pro Farmer](https://feedsoft.ai/events/12961-drought-expands-in-the-lower-midwest-pro-farmer.md) | +4.3% | +1.1% |
| CORN | 2019-04-19 | [IRI – International Research Institute for Climate and Society \| 2019 April Quick Look](https://feedsoft.ai/events/59509-iri-international-research-institute-for-climate-and-society-2019-april-quick.md) | -1.1% | +2.5% |
| CORN | 2019-06-19 | [IRI – International Research Institute for Climate and Society \| 2019 June Quick Look](https://feedsoft.ai/events/58501-iri-international-research-institute-for-climate-and-society-2019-june-quick.md) | +1.3% | -1.6% |

## Sources

- foodstuffsa.co.za: https://www.foodstuffsa.co.za/rcl-foods-expands-pet-food-looking-acquisitions/

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