RIC 0.48% $2.09 ridley corporation limited

Ann: Market Update - Wilsons and Agfood Conferences, page-20

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    A reduction in poultry rearing and production isn't pleasing to say the least.

    The analyst has made sensible comments.

    In FY 23, monogastric (bulk stockfeeds: pigs and poultry) sales increased by three per cent, poorer than other divisions. It also contributed lower earnings than one other division, packaged product sales. That's not to downplay its importance though.

    RIC is trying to diversify more into the growing pet food market but avian influenza must be a 'black swan' event that can't be forecast.

    Let's pray it's contained. Workers must travel between sites, which in this case sees two of them within 10 minutes' drive, run by listed FRM.

    I've read that wild (native or introduced European/British?) birds spread these diseases.
 
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