TGR should be one of the more resilient in current timesIMO. All...

TGR should be one of the more resilient in current timesIMO. All being equal Inflation should increase the value of current and future inventory growing, feed and wages will go up but as long as disposable incomes don’t drop too much with interest rises and inflation overall I think positive for TGR. There is also the lag of expenditure to sale so a lot of fees and labour costs for future harvest has incurred at lower wages, feed and electricity costs pre inflation. I expect the majority of market is middle to upper class which probably unaffected. Also falling Aus is advantageous for reducing import competition and also export opportunities.