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Chicken prices set to spiral
ONE of the country’s top poultry processors warned that Australian consumers face further price hikes for chicken, as the world’s most con- sumed meat gets pricier around the globe.
recently, the most since March 2020.
couraged by the ongoing recovery taking place across the business, with our farming and plant op- erations continuing their recovery to normal op- erating levels, shifts and product range.
ongoing price pressures to throw up some headwinds in the 2023 financial year, but said it was making significant progress on securing price increases to offset the inflationary pressures.
Inghams Group Ltd flagged further price in- creases as it faces ongoing inflation and supply chain disruptions that have hit profits.
The company raised prices earlier this year, due to the lingering ef- fects of a national out- break of the omicron variant of the coronavirus that snarled supply chains and caused severe labour shortages.
“Our core business is in good shape.
Globally, poultry is scarce as the industry is squeezed by higher input costs and labour short- ages.
It warned that the chal- lenging trade environment would persist, with rising feed costs in particular pressuring operations.
As at the end of August, it cited challenges from COVID-19 disruptions, the war in Ukraine and floods in parts of Austral- ia as continuing pressures into 2023.
“Our diverse network and market leading inte- grated operating model provides a strong plat- form that has helped us navigate the significant disruptions over the past two years and positions us well for the future.”
Earlier this year, Aus- tralian consumers be- moaned a fried chicken shortage after fast-food chain KFC said suppliers had been hit by COVID- 19-driven staff shortages.
The Sydney-based com- pany reported full-year profit of $35.1 million in the 12 months to June 30, missing the average analyst estimate of $43.4 million.
Despite the results, Ing- hams chief executive of- ficer Andrew Reeves said, “I am very proud of the resilience and commit- ment shown by our people and the way they have re- sponded to the numerous challenges we have faced during the year.”
Looking ahead, Ing- hams said its core busi- ness was “well-positioned, with its geographically diverse network and in- tegrated operating model underpinning its track record of strong cash gen- eration.”
Japan experienced simi- lar problems late last year at popular convenience stores, while Singapore was hit hard when neigh- bouring Malaysia curbed poultry exports in June to safeguard domestic sup- plies.
Its shares plunged as much as 9.4 percent in early Sydney trading
“We are greatly en-
The company expects
Photo: Australian Eggs
Animal Welfare Standards and Guidelines for Poultry in Australia
THE Independent Poul- vide breeder ducks with
nationally consistent and effectively enforced regu- lation.
try Welfare Panel com- missioned by all Agri- culture Ministers in 2019 has completed its work on developing new Aus- tralian Animal Welfare Standards and Guide- lines for Poultry – the poultry standards.
access to bathing and dunking water.
The Agriculture Minis- ters’ Forum agreed to the panel’s terms of reference in October 2019.
Standards are the animal welfare requirements that will be put into effect in state and territory legis- lation and must be met under law for farm animal welfare purposes.
These options repre- sent a refinement to those originally presented in the 2017 Consultation Regula- tion Impact Statement and reflect the decisions of the panel.
Guidelines are voluntary and are recommended practices to achieve desir- able animal welfare out- comes.
A supporting addendum was also developed to ad- dress feedback provided back to the economic con- sultant.
The Australian Animal Welfare Standards and Guidelines for Poultry should be read alongside the Decision Regulation Impact Statement.
The poultry standards were developed by the In- dependent Poultry Welfare Panel – commissioned by agriculture ministers from all jurisdictions in Octo- ber 2019.
The DRIS considers the impacts of the poultry standards on businesses, individuals, governments and the public.
The panel completed its work in late 2021, which followed an extensive stakeholder engagement process that attracted sig- nificant public interest, and included input from a stakeholder advisory group.
The DRIS can also be found on the Office of Best Practice Regulation web- site – obpr.pmc.gov.au/ Improvements to poul- try welfare in Australia
The terms of reference for the independent panel set out that the standards will:
The most significant im- provements to poultry wel- fare in the standards and guidelines made by the independent panel include:
• Improve animal wel- fare outcomes within Aus- tralia’s poultry industries
• A phase-out of con- ventional layer hen ‘cages’ over10to15years–atthe latest by 2036 – depend- ing on the age of current infrastructure
• Reflect contemporary animal welfare science
The Australian Animal Welfare Standards and Guidelines for Poultry re- places the now outdated Model Codes of Practice, which were voluntary:
For more information, contact poultry.panel@ag riculture.gov.au
This follows an exten- sive process of stakeholder consultation, and the con- sideration of contempo- rary animal welfare sci- ence and community ex- pectations.
• Model Code of Prac- tice for the Welfare of An- imals: Domestic Poultry
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The Commonwealth, states and territories have worked together to agree to release the poultry standards, with each state and territory considering implementation options during 2022, with further discussions by all minis- ters in early 2023.
• Model Code of Prac- tice for the Welfare of Animals: Husbandry of Captive-Bred Emus
The poultry standards are one of a suite of Aus- tralian Animal Welfare Standards and Guidelines that aim to harmonise na- tional animal welfare leg- islation, providing clarity and consistency to indus- try, consumers and trading partners.
In accordance with Council of Australian Governments guidelines, a formal Decision Regula- tion Impact Statement was produced by an economic consultant.
• Model Code of Prac- tice for the Welfare of Animals: Farming of Os- triches
The Regulation Impact Statement and adden- dum
The DRIS considers the financial and regulatory impacts of four policy op- tions, centred around adoption of the standards.
Independent panel
• A requirement to pro- vide environmental en- richment for meat chicken breeders
• Consider current in- dustry practices, cost and benefits, new technologies and practicalities of imple- mentation
• Changes to the mini- mum light intensity and required periods of dark- ness, ventilation and tem- perature parameters for all species
• Align with the values and expectations shared by the Australian com- munity
• A requirement to pro-
• Consider possible do- mestic and international trade impacts
www.poultrynews.com.au
• Provide the basis for
National Poultry Newspaper, September 2022 – Page 7
• Meet the expectations of trading partners