Failure to plan leaves agri-processing firms starving for maize

16 Nov 2011
As in the swing of a pendulum, the maize situation in South Africa is moving from a crisis surplus to a crisis shortage, with no cozy stopovers. Yesterday, Astral Foods, the listed poultry and animal feed group, warned that the price of chicken would increase by 20 percent in the next year because of the shortage of maize. In essence, poultry producers like Astral, who rely on grain for the feed component of their business, will have to pass the increase on and the consumer is the last man standing.

http://www.iol.co.za/business/business-news/failure-to-plan-leaves-agri-processing-firms-starving-for-maize-1.1178136