In South Africa the animal feed industry has been accused of excessive profits they have realised over the last 12 months. One must admit that the trends in raw material prices resulting in good procurement positions more than ever have assisted feed producers to price their final products in such a way that they could gain some advantage of these trends.

Pilgrim's Pride Corp. will close a chicken-processing plant and six U.S. distribution centres and lay off 1,100 workers because of soaring feed costs and a glut of chicken.