ING inghams group limited

Ann: Macquarie Australia Conference Presentation, page-7

  1. 415 Posts.
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    What I'd like to know is how locked in are they with their contracted supply prices to the big players like Woolworths. I believe they have some clawback clauses for increases in feed costs but if they don't have much hedging feed costs then their margins could drastically fall or turn negative.

    I hold less ING than I used to, though I still hold some. I sold at a loss. I'm overall unsure about ING direction now. Knowing how strongly they are locked into fixed supply prices and for how long is key.
    Last edited by human909: 04/05/22
 
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