Chicken price increases expected to ease in 2024 – Absa AgriTrends report
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GUEST – Nkhensani Mashibyi, Economist at Absa AgriBusiness
Poultry price increases is expected to ease, after double-digit hikes over the past two years.
According to the Spring edition of the Absa AgriTrends Report, a stronger rand and robust growth in production by key global suppliers such as Brazil, could see the average price of chicken products increase by just over 1% this year in some instances.
Poultry price increases is expected to ease, after double-digit hikes over the past two years.
According to the Spring edition of the Absa AgriTrends Report, a stronger rand and robust growth in production by key global suppliers such as Brazil, could see the average price of chicken products increase by just over 1% this year in some instances.