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Poultry Prices To Be Flat by 1%, South Africans Skeptic: Not These Thieving Retailers [Video]

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  • Absa’s AgriTrends report revealed that the price of poultry was expected to be eased after a two-year consistent hike
  • AgriTrends reported that the rand’s continuous strengthening and growth in the sector could result in poultry prices being flat by 1%
  • South Africans were sceptical, and many did not believe that retailers would decrease the prices accordingly

Tebogo Mokwena, Briefly News’s current affairs journalist, covered current affairs relating to the economy, finance, banks, and state-owned enterprises during his seven years at Daily Sun and Vutivi Business News.

South Africans doubt egg prices will go down. Image: Anthony LeeSource: Getty Images

JOHANNESBURG—Absa has revealed that the rand’s performance and the growth in the poultry sector could result in cheaper poultry products.

Absa reveals possible cheaper chicken

According to IOL, Absa’s AgriTrends report revealed that the price of poultry products could be flat by 1%. Absa’s senior economist, Dr Marlene Louw, said lower feed prices could result …

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