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South Africa's two largest poultry producers, Rainbow and Astral, report profits roughly double those of 2025, helped by lower feed costs after good rains and record grain harvests. Astral's trading statement guided headline earnings per share up 95% to 105%.
Cheap grain has cut poultry producers' largest cost, since feed is about 70% of chicken production costs. Producers may expect higher feed prices in 2027 if El Niño brings drought, which would reverse these margins.
fairplaymovement.orgTimNov 4, 2026Not enough comparable past events yet for a historical read.
Not 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.
