[3 August/Stuff]

Chicken prices are decreasing with the expansion of the poultry industry. According to Statistics New Zealand, prices fell 8.5 percent in the last 12 months. A Woolworths NZ Spokeswoman said there were a number of factors that influenced food prices. She added simple demand and supply was one factor driving the trend in chicken prices. According to the Poultry Industry Association of New Zealand, New Zealander’s were consuming record amounts of chicken meat. The poultry industry produced 118 million chicken last year to meet demand. Tegel had plans to farm nine million chickens a year on a proposed free range poultry farm in Northland however its resource consent had been postponed until further notice. Poultry Industry Association of NZ Executive Director, Michael Brooks, said contractual systems were similar for large companies with chickens owned by processors and growers paid a few for each bird. Mr Brooks noted the industry was vertically integrated so companies purchased grains and milled their feed.