Astral Foods sees major profit loss due to load shedding

“The conditions experienced were far worse than we could have anticipated,” said CEO Chris Schutte.

June 1, 2023

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South African poultry processing company, Astral Foods, reported less than ideal financial performance results over the past six months ending March 31 due to macroeconomic issues like load shedding.

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Hormel Foods releases financial info

Tyson Foods announces reorganization

Wayne-Sanderson Farms recognized for safety record

Hamlet Protein sponsors nutrition conference

Hormel, Jennie-O celebrate completion of solar project

Hormel Foods and its leading turkey brand continue to advance renewable energy projects at plant in Montevideo, Minnesota.

From left to right: Tom Raymond, Hormel Foods director of sustainability; Steve Lykken, Jennie-O Turkey Store president; Ryan Coakley, senior director of origination at Next Era Energy; Doug Muzik, Jennie-O plant manager in Montevideo, Minn.; and Matthew Schrupp, assistant vice president of operations at Jennie-O Turkey Store. All five leaders helped cut the ribbon to unveil the new 8-acre solar field located at the Jennie-O plant in Montevideo.

Brand Insights

Research and new technologies to improve poultry health

WATT Global Media

WATTPoultry.com and Poultry Future help vets and poultry health professionals keep up with the latest research and technological advancements so they can promote flock health and welfare. Brand Insights from WATT Global Media

Research and new technologies to improve poultry health

Ingham's, employees reach three-year deal, ending strike

Agreement includes pay increases for three years, totaling 10.9%.

Ingham's Enterprises

Poultry Tech Summit News

Can augmented reality fix poultry’s labor challenges?

Automation and robotics show promise for performing processing tasks, however manual input is still required.

Chicken Processing Closeup

Poultry Nutrition & Formulation

Chick pre-starter diets: The early bird gets the worm

Correct nutrition during the first few days of a broiler chick’s life, or during the first two weeks of a layer’s, leads to benefits throughout the production cycle.

Nutritional requirements at the start of a chick’s life are the highest, and pre-starter diets must fully meet their nutritional requirements. Courtesy Trouw Nutrition

Broilers & Turkeys

Conditions to further improve for global poultry industry

With falling input costs, margins are set to rise, but HPAI and its impact on global trade remain a major concern.

Margins are expected to improve over the coming months, particularly as feed costs continue to fall from record highs.

Broilers & Turkeys

Astral Foods issues profit warning on higher costs

Company says its poultry meat business is being adversely affected.

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Pay dispute sparks strike at Ingham's poultry facilities

Company and union started mediation talks Monday.

Diseases & Health

Saskatchewan has first avian influenza case of 2023

This is the second confirmed detection of highly pathogenic avian influenza in Canada in September, with the first one occurring in Alberta.

Saskatchewan 28557 1280

Poultry Tech Trends

Avian flu in the Galapagos puts more than birds at risk

Tourism and biodiversity could take a major hit if biosecurity can’t prevent further infection.

Blue Footed Boobies

Broilers & Turkeys

Europe starts to make progress on avian flu control

For the first time in The Netherlands, chickens will be administered with a vaccine against highly pathogenic avian influenza as part of a field trial.

White Chicken Closeup 2

Sen. Coons: Poultry growers want continued market access

Chris Coons, co-chair of U.S. Senate Chicken Caucus, talks of government efforts to protect producers from adverse effects of highly pathogenic avian influenza.

Sen. Chris Coons, D-Delaware

Diseases & Health

Avian influenza situation in Bolivia resolved

No new highly pathogenic avian influenza cases have been reported in Bolivian poultry since March.

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