Poultry industry reeling from rise in input costs and unfair trading
Soaring price of grain and soybeans compounded by cheap imports
09 February 2021 - 18:32
SA’s poultry industry is reeling due to the sharp increase in feed prices, dashing hopes for a strong recovery in a sector that has suffered a jobs bloodbath in recent years.
GM of the SA Poultry Association (Sapa), Izaak Breitenbach said on Tuesday the industry is struggling to stay afloat due to “abnormally” high grain prices as a result of the drought in the US combined with China buying up global grain stocks...
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