Maple Leaf Foods CEO Curtis Frank told analysts on its third-quarter earnings call that the company is facing higher fuel and poultry prices on top of general inflation. The company plans to adjust its prices in the first quarter of next year, following a price increase earlier this year.
Rising poultry and fuel costs passing through to processed meat prices signal firmer costs for protein processors and a possible upward pressure on chicken demand economics. For feed buyers, it reflects tight poultry input costs rather than a direct grain price move.
Not 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.