Power cuts, rising costs continue to put pressure on chicken prices

JOHANNESBURG - Power cuts and rising costs continue to put pressure on chicken prices.

One of South Africa's largest suppliers of chicken to restaurants and hotels, Astral has warned that it will see a drop in its interim profits.

READ: Chicken prices | Consumers can expect further hikes

Astral says its earnings to March are likely to plunge by up to 92%.

This as power cuts cause major disruptions to its production and processing chain.

In January Astral flagged that feed input costs surged as the company fed more chicks because of backlogs caused by load shedding.