Boparan - comment

Today's long article in the FT about the pricing woes for chicken UK producers doesn’t have much new news. However, it does illustrate that supermarkets may have agreed ratchets to pass on feed prices, but they want to keep a cap on poultry prices. We expect the difficulty in passing through non-feed costs to have continued into the last quarter of the year. Boparan’s FYE23 numbers will be published on 24 October.

https://www.ft.com/content/534bbf26-13da-4515-b30f-9e1a8c4e7c9e