Page 13 - NPN November22

Ingham’s fiscal year challenging
INTEGRATED poultry coronavirus pandemic, and the group is among Aus- vision, poultry revenue
company Ingham’s Group has reported a small year- on-year increase in total revenue for 2022 from its operations in Australia and New Zealand.
referred to increased input costs, particularly for feed and fuel.
tralia’s largest feed produc- ers.
amounted to $314 million, and feed $57.3 million.
Ingham’s Group Limited chair Helen Nash described the past fiscal year as “challenging” prior to the company’s annual general meeting.
According to the group’s latest annual report, Ing- ham’s supplies chicken, tur- key and plant-based protein products to retail, fast-food restaurants, food-service distributors, wholesale and export channels.
Despite numerous market challenges, the firm’s core poultry sales volume grew 4.2 percent.
As for the group as a whole, the revenue figures for both divisions and ac- tivities were well above the 2021 levels, but higher op- erating costs ate into the corresponding earnings before interest, tax, depre- ciation and amortisation.
Ms Nash, in a letter to shareholders, highlighted disruptions to operations arising from the ongoing
For the last fiscal year, Ingham’s generated almost $2.17 billion from poultry and $145 million in Aus- tralia.
With annual slaughters of about 223 million, Ing- ham’s is the largest poultry company in Oceania.
In August, Ingham’s Group reported a success- ful conclusion to its 2022 fiscal year.
Adjusted operating ex- penses were reported at $2.33 billion for Australia and $388 million for New Zealand.
As well as poultry meat,
For its New Zealand di-
When selecting a canapé at an event, the thought of eating a higher welfare food product might not cross your mind.
Compass Group and Foodbuy serving RSPCA Approved chicken
Farmers welcome climate and ag investment
FARMERS for Climate Action – an organisation representing more than 7000 farmers across Australia – has wel- comed many initiatives in the Federal Budget announced recently.
“We’re pleased with the $20 billion in low-cost fi- nance delivered in Rewir- ing the Nation,” she said.
asparagopsis, and the $8 million in asparagop- sis commercialisation is welcome.
million over two years from 2022–23 to sup- port Australia’s readiness to respond to drought events, which are of course driven by climate change.”
Farmers for Climate Action chief executive of- ficer Fiona Davis said the budget delivered many investments across cli- mate, agriculture, emis- sions reduction and rural Australia.
“This will assist with transmission to connect the big renewables pro- jects we know will put downward pressure on energy prices.
“We are also pleased to see the $20 million investment to establish an outreach program to help Australian farmers and land managers to partici- pate in carbon markets and integrate low emis- sion technologies and practices,” Dr Davis said.
Other noteworthy in- vestmentsinclude:
“The budget deliv- ers big investments in regional renewable en- ergy, something Farmers for Climate Action had called for just weeks ago in our Farm Powered re- port about renewables in the regions,” Dr Davis said.
“The $224.3 million over four years for 400 community batteries across Australia will help take pressure off the grid, and we know storage will be key to delivering reli- able affordable clean en- ergy.”
• $89.5 million over six years from 2022-23 to fund hydrogen refuelling stations on key freight routes
“It also delivers funding for emissions reductions in Australian agriculture and other funding direct to farmers.
Farmers for Climate Action has directly called for investment in helping farmers reduce emissions and more investment into
“We welcome the $20.8
Farmers for Climate Action does not support taxpayer investments in new coal and gas devel- opments, which drive cli- mate change.
“We’re particularly pleased with the $302 million over five years to support the agricultural sector further develop sustainable farming and land management.
“The $1.9 billion Pow- ering the Regions Fund to assist industries, regional Australia and communi- ties with the shift to net zero emissions is very welcome and we look forward to working with the government on this.
• $146 million over five years for ARENA to co-invest in projects to reduce road transport emissions
“The $15 billion Na- tional Reconstruction Fund investment names agriculture as one of sev- en priorities and we look forward to seeing the de- tail of that investment.
• $39.8 million over five years from 2022-23 to establish a National Electric Vehicle Charg- ing Network to deliver 117 fast charging stations.
YOU may buy, or con- sider buying, higher welfare food products at your local supermarket or grocer.
gether they serve over 90 million meals each year across 700 plus locations and industry sectors – from education, defence, hospitals, aged care and business headquarters to iconic venues such as Syd- ney Town Hall and the National Gallery of Vic- toria.
and maintain leg health, and quality dry friable lit- ter so they can dustbathe and forage – ultimately leading to better health and wellbeing.
However, when you buy lunch from your local workplace canteen or se- lect a canapé at an event, the thought might not cross your mind.
Meat chicken farms with the RSPCA Approved certification have to meet the RSPCA’s detailed ani- mal welfare standard.
To make sure the stand- ard is met, the farms are assessed two to four times per year by specially trained RSPCA assessors, and abattoirs are also as- sessed annually as part of the program.
Luckily, Compass Group Australia and Foodbuy have thought about it for you and source 100 per- cent RSPCA Approved chicken for the fresh chicken used at their sites.
This means birds live in an enriched barn envi- ronment with provisions for both their physical and mental needs.
Sourcing certified high- er welfare products in this way is important for the future of meat chicken farming in Australia, as it supports forward-think- ing farmers who prioritise animal welfare, so thank you Foodbuy and Com- pass Group Australia.
Foodbuy may not be a name that you see in your local supermarket or gro- cer, but they’re actually the largest food service procurement organisation in Australia.
Meat chickens on farms with the RSPCA Ap- proved certification enjoy more space to move, ad- equate light periods to en- courage activity and dark periods for rest, can perch which helps them develop
Find out more about the RSPCA Approved farm- ing scheme and our im- pact at rspcaapproved.org. au/impact/
Foodbuy is the sole sourcing partner for their parent company Compass Group Australia, and to-
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National Poultry Newspaper, November 2022 – Page 13