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Tegel says chicken glut should be over by summer

Tegel is promising it is on track to meet its prospectus forecasts.

Jenny Ruth
Thu, 20 Oct 2016

Tegel says the chicken glut which has pushed poultry prices to a nine-year low should be over by summer.

The glut, highlighted in briefings for rival chicken processor Inghams’ upcoming float, has led to Tegel shares plunging from $1.80 in August to as low as $1.44, well below the $1.55 issue

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Jenny Ruth
Thu, 20 Oct 2016
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Tegel says chicken glut should be over by summer
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