![]() ![]() Though tight global supply – aggravated by Ukraine, Ukrainian war and poor growing conditions in the Americas – is expected to impact the cost of feed until late 2023-2024. ClubsNSW Credit: News Corp AustraliaĪt the annual results release in August, Inghams said its spending on chicken feed alone rose more than $45m in 2022 and costs are expected to be similarly higher for the 2023 financial year.Ĭhicken feed typically consists of wheat and soy meal which have both had minor price falls since mid-August. Camera Icon Inghams chicken expects price hikes ahead. ![]() “We remain in active discussions to secure further price increases to offset ongoing feed cost and other inflationary pressures, should this be necessary,” Mr Reeves said. ![]()
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