- 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.
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 …