Country short on chicken & Omicron is to blame

Country short on chicken & Omicron is to blame

Chicken meat has become the latest victim of the Covid-19 Omicron variant, with shelves all over Australia sitting empty and KFC forced to slash its menu due to staff shortages at poultry supplier Ingham’s.

“The rapid spread of the Omicron variant across eastern Australian states from December 2021 and the resulting staff shortages, are now also having a significant impact on the Australian supply chain, operations, logistics and sales performance of Ingham’s, and some of its suppliers and customers,” Ingham’s said in a statement to the Australian Securities Exchange on Tuesday. The company’s share price dropped over 6% as a result.

Amid increased cases of Omicron infection among staff, Ingham’s had to slash production amid “significantly lower levels of staff availability which is impacting production volumes and operational efficiency.” Staff shortages hit processing plants the most, which forced Ingham’s to sell more whole chickens to its customers.

According to market sources, Australia’s branch of Kentucky Fried Chicken (KFC) – a popular fast food chain that bases its entire menu on chicken – is among Ingham’s largest customers.

A KFC spokesperson confirmed to Guardian Australia the chain was experiencing “supply chain disruptions nationally due to Covid-19 related absenteeism at our chicken suppliers,” and said that some of the restaurants will be unable to offer their full menu in the coming weeks. Also, local media reported empty shelves in the chicken sections of some grocery stores.

Chicken is popular worldwide for being the cheapest meat on the market. According to Guardian figures, it costs an average of AUS $5.43 (US $3.90) per kilogram in Australia, which is less than half the price of pork and beef. Industry statistics show that chicken is Australia’s most popular meat, with locals eating nearly 47 kilograms of chicken a year each.

For more stories on economy & finance visit RT's business section

Source: www.rt.com

The last notes - Экономика

most read news

#Экономика

Authorities in Warsaw have allowed citizens to forage for firewood in forests to keep their homes heated amid spiralling energy costs. Poland is in the midst of a coal shortage after banning Russian
подробнее...

Polish companies have limited the sale of coal in the country after blocking imports from Russia, Deputy Minister of State Assets Piotr Pyzik said during his speech in Parliament on Friday.He
подробнее...

If a fresh wave of government assistance is not released immediately, some 500,000 small businesses in the UK will go bankrupt within weeks, the chairman of the Federation of Small Businesses (FSB)
подробнее...

The White House fears that the confiscation of Russian assets could damage its reputation, the New York Times reported on Tuesday.According to the newspaper’s sources, top officials in President Joe
подробнее...

Komatsu, Japan’s largest construction and mining equipment manufacturer, has resumed deliveries to Ukraine, halted after the launch of Russia’s military offensive, the Nikkei newspaper reported on
подробнее...

An embargo on Russian natural gas would seriously affect the German economy, as well as society, Labor Minister Hubertus Heil said in an interview with news outlet Funke, published on Saturday.“We
подробнее...

The European Commission on Friday announced the introduction of an anonymous online platform for people to report any violations of sanctions on Russia and Belarus.“Aware of anyone violating EU
подробнее...

The Haidach underground gas storage facility in Austria may not be refilled by the next heating season due to a conflict between Berlin and Moscow over the seizure of Gazprom’s German subsidiary,
подробнее...

Shipments of Russian oil to India exceeded 396,000 tons in March, according to the Ministry of Commerce. That is more than a 15% rise from the previous month and a 40% increase on an annual
подробнее...

The globe’s top reserve currencies, the US dollar and euro, have become “toxic” for Russia, Finance Minister Anton Siluanov said on Friday.“The American and European currencies are toxic for us. What
подробнее...

The liquefied natural gas (LNG) market could be hit with a potentially historic shortage this winter as the world rushes to secure the super-chilled fuel, Bloomberg reported this week, citing
подробнее...

Russia has restricted the export of noble gases, including neon, in an apparent tit-for-tat response to the fifth round of sanctions imposed by the EU in April.The government decree, published on
подробнее...

Russian oil major Rosneft plans to file a lawsuit against the US Treasury Department, the company’s spokesman Mikhail Leontyev told the newspaper Vedomosti this week. Rosneft’s decision followed
подробнее...

Russia made coupon payments on two outstanding Eurobonds in foreign currency on Friday, Reuters reported, citing a representative from Russia’s National Settlement Depository (NSD).The coupons on
подробнее...

Russian banking giant Sberbank has been disconnected from the SWIFT global financial messaging system under a new set of sanctions approved by European Union leaders on Monday.“This sanctions package
подробнее...

Major producers of food and beverages in Japan are planning to raise prices for 3,615 items from June, while the total number of items that are expected to see price hikes will total some 8,400 this
подробнее...

Gas flow from Germany to France has been halted, French gas transmission system operator GRTgaz reported on Friday, adding that the nation hadn’t received any natural gas from Russia via the pipeline
подробнее...

Prices for food in German grocery stores will keep growing and are set to surge another 10% this year, Germany’s Handelsblatt newspaper reported on Sunday, citing the latest analysis by international
подробнее...