More listed poultry firms turning to other ventures


Farm worker grading the size and quality of the egg.

THIS month is notable for listed poultry companies, as two of them have announced plans to focus on other ventures. Both are selling their poultry businesses and the move is an indication of the challenges the industry faces.

One main issue remains elevated livestock feed cost, which in turn is due to the global increase in soybean and corn prices.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 48
Cxense type: NA
User access status: 3
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

Poultry firms , ventures , feed costs , bottomline ,

   

Next In Business News

World stocks push pause ahead of U.S. payrolls
Ringgit strengthens further to 4.38 against US dollar, highest since June
Bursa Malaysia extends after-hours trading session for selected derivatives contracts to 2.30 am
UEM Sunrise disposes 17 parcels of land for RM75.5mil
Reservoir Link wins five solar contracts worth RM12.05mil
FBM KLCI finishes lower despite positive market breadth
CIMB introduces enhanced security measures
Gold slips; set for best week in three on smaller Fed rate-hike bets
Harn Len shareholders approve bonus shares
Asian shares fall ahead of U.S. payrolls data, dollar nurses losses

Others Also Read