Chicken production cost now R2/kg above selling price due to load shedding, says Astral

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Astral Foods warned on Wednesday that its half-year profit could plunge by up to 90% as it wasn't able to hike chicken prices to cover soaring feed and load shedding costs.Astral Foods warned on Wednesday that its half-year profit could plunge by up to 90% as it wasn't able to hike chicken prices to cover soaring feed and load shedding costs.

Chicken production cost now R2/kg above selling price due to load shedding, says Astral | Business

Load shedding leads to production cutbacks, as company also pauses R737m capex commitments 'given the current adverse market conditions'.Load shedding leads to production cutbacks, as company also pauses R737m capex commitments 'given the current adverse market conditions'.

Poultry giant Astral warns of 90% earnings plunge - Moneyweb

Astral Foods says its poultry business has been significantly compromised.Astral Foods says its poultry business has been significantly compromised.

Load shedding decimates South African chicken business

The price of producing a chicken currently exceeds the selling price by R2/kg, the poultry group saidThe price of producing a chicken currently exceeds the selling price by R2/kg, the poultry group said

Astral Foods warns of big drop in headline earnings as power cuts wreak havoc

Erratic electricity supplies affect poultry ventilation systems, slaughter schedules and chicken processing. Delayed slaughter schedules also lead to additional feeding costs.Erratic electricity supplies affect poultry ventilation systems, slaughter schedules and chicken processing. Delayed slaughter schedules also lead to additional feeding costs.

Astral Foods expects 90% plunge in profits as power crisis hits poultry production