New Zealand’s largest poultry supplier Tegel is raising chicken prices from mid-August. It said the roughly 10 per cent price rise was a result of pressures on the industry, including increases in the cost of labour, feed and fuel impacting supply chain costs. “Kiwis have been enjoying low chicken prices since 2014 when chicken breast was $17 per kilogram, compared to as low as $7 today,” said Tegel’s general manager of sales Yvonne Van Nes. (Video first published August 2018)“Although people may see the prices of whole chicken and chicken products go up later in the year once the increase kicks in, Tegel chicken will continue to be a reasonably priced meal option for Kiwi families,” said Van Nes. Michael Brooks, executive director of the Poultry Industry Association, said pricing was a commercial decision for each individual company.

Source: Stuff August 08, 2021 22:41 UTC