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Thai chicken producer GFPT reported Q3 2026 net profit up 7.6% year on year to THB 770 million, with revenue up 1.8% to THB 4.83 billion. Gross margin narrowed to 17.8% from 20.3% as corn and soybean meal costs rose, and export volumes fell 6.3%.
Rising corn and soybean meal costs are squeezing Thai poultry integrators, signalling tighter feed margins and possibly lower feed purchasing if output is cut. The effect on global feed prices is small given the company's size.
investing.comNov 12, 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.
