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Article: FED: Price of chicken meat to go up 20-30 per cent
- Article from:
- AAP General News (Australia)
- Article date:
- October 24, 2007
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AAP General News (Australia)
10-24-2007
FED: Price of chicken meat to go up 20-30 per cent
CANBERRA, Oct 24 AAP - Households struggling with rising food prices are about to take
another hit with the cost of chicken meat tipped to increase 20-30 per cent from next
month.
The Australian Chicken Meat Federation says escalating feed-grain prices, which have
more than doubled in the past year, and rising fuel costs makes the increase inevitable.
Feed makes up more than 60 per cent of the cost of producing a chicken and there is
no substitute for grain, the federation said.
"With the unprecedented ...