Poultry firms geared for higher costs


  • Business
  • Saturday, 11 Mar 2006

KUALA LUMPUR: Local fully-integrated poultry producers are well prepared in the event of any increase in prices of raw materials for feed, like corn and soybean meal, on the world market. 

Despite their prices firming up slightly early this month, a source from the Malaysian Feed Millers Association told StarBiz yesterday that major integrated poultry players with feed mill operations, like Leong Hup Holdings Bhd, Farm's Best Bhd and KFC Holdings (M) Bhd, would be able to hedge forward their raw material requirements to minimise the risks of escalating commodity prices. 

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