Increase in chicken prices expected to ease in 2024, Absa's AgriTrends report shows

A stronger rand and robust growth in production by key global suppliers, such as Brazil, could see the average price of chicken products increase by just over 1% this year in some instances, financial services firm Absa's 'AgriTrends Report Spring edition' shows. Poultry price increases are expected to ease, after double-digit hikes over the past two years.