# Inghams posts volume growth, but lowers earnings outlook amid rising costs

> Inghams, one of Australia's largest poultry producers, reported volume growth of 4.8% in Australia and 8% in New Zealand for the 18 weeks to October 31, led by retail. It lowered its FY27 underlying EBITDA guidance to A$190-210 million because of higher costs for feed, labour, energy, fuel, freight, packaging and ingredients.

- Date: 2026-11-12 · published 2026-11-13T03:09:06.926Z
- Category: market · region Australia · magnitude low
- Page: https://feedsoft.ai/events/97030-inghams-posts-volume-growth-but-lowers-earnings-outlook-amid-rising-costs
- Commodities: [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Why it matters

Higher feed and energy costs are squeezing poultry processors' margins, while steady chicken demand supports volumes. Feed cost inflation in Australia adds modest upward pressure on feed ingredient demand.

## Read by commodity

- CHICKEN: neutral

## Sources

- insidefmcg.com.au: https://insidefmcg.com.au/2026/11/12/inghams-posts-volume-growth-but-lowers-earnings-outlook-amid-rising-costs/

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