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POULTRY SECTOR NEWS ON FASTMOVING

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Trade body will have a bone to pick in poultry tarrif case

Trade body will have a bone to pick in poultry tarrif case

14/06/2019 - 09:30
Those with intimate knowledge of the tariff application say that ITAC's position is akin to a zero-sum game, where they may have to choose between exposing local poultry producers to cheap imports they cannot compete with, or raising consumer prices for poultry to impossibly high levels. read more
How imports threaten survival of SA’s small chicken farmers

How imports threaten survival of SA’s small chicken farmers

06/05/2019 - 14:39
The SA Poultry Association has warned that more local chicken farmers could soon go out of business due to cheap Brazilian imports. read more
Chicken prices may spike by up to 32% due to tariff increases, says importers

Chicken prices may spike by up to 32% due to tariff increases, says importers

18/04/2019 - 09:22
Increasing tariffs on imported poultry products could hike chicken prices by up to 32%, says consumer bodies and importers and exporters organisation. read more
Lower feed costs boost Astral’s earnings

Lower feed costs boost Astral’s earnings

20/11/2017 - 14:36
Astral Foods has raised its final dividend by a hefty 775% to R8.75, after the poultry producer nearly doubled its full-year headline profit. read more
Astral Foods share rises after trading statement predicts doubled earnings

Astral Foods share rises after trading statement predicts doubled earnings

16/10/2017 - 13:10
Poultry producer Astral Foods expects to report doubled earnings thanks to higher prices and no further bird flu outbreaks. read more
Astral sharpens its focus on poultry operations

Astral sharpens its focus on poultry operations

04/10/2017 - 10:26
Southern African integrated poultry producer Astral Foods is ridding itself of a noncore asset in an effort to sharpen its focus on its poultry business. read more
Avian flu at Sovereign a game changer, says CBH

Avian flu at Sovereign a game changer, says CBH

19/09/2017 - 15:20
Country Bird Holdings (CBH) looks set to abandon its second bitterly fought attempt to get control of Sovereign Foods, with CBH CEO Marthinus Stander expressing concern about the possible effect of avian flu on Sovereign’s Uitenhage operations. read more
Shares in Astral Foods suffer after it warns that bird flu costs have risen

Shares in Astral Foods suffer after it warns that bird flu costs have risen

24/08/2017 - 12:51
The share price of Astral Foods fell 4% to R148.16 on Thursday morning after it warned shareholders that outbreaks of bird flu at two of its poultry breeding farms had cost it about R50m — double an initial estimate announced on August 2. read more
Avian flu hammering adds to poultry sector's woes

Avian flu hammering adds to poultry sector's woes

14/08/2017 - 08:54
It spreads fast, is deadly to poultry and is potentially extremely costly, especially for an industry that is already reeling from the pressures of competing in global markets. read more
RCL Foods Ltd, results for year ended 30 June 2013

RCL Foods Ltd, results for year ended 30 June 2013

28/08/2013 - 09:35
Durban, 27 August 2013: RCL Foods Limited, formerly known as Rainbow Chicken Limited, yesterday issued its results for the year ended 30 June 2013. read more