News

Industries

Companies

Jobs

Events

People

Video

Audio

Galleries

My Biz

Submit content

My Account

Advertise with us

Spread of bird flu ruffles Quantum Foods' feathers

Egg producer Quantum Foods' share price fell 13% to R2.60 on Monday after it said avian influenza had spread to more of its hen houses in the Western Cape. Quantum said it had now lost 17% its egg production to the disease, but it could make up for some of this by re-opening dormant facilities.
zdenet via
zdenet via pixabay

The group initially warned shareholders on September 20 that the disease had been confirmed at two of its farms, which produced 9% of its eggs.

Quantum said despite depopulating the two original sites, the disease spread to some poultry houses on its remaining two sites of its Lemoenkloof commercial layer farm in the Western Cape, reducing its egg production by a further eight percentage points. "These two sites have been quarantined and will be depopulated in totality in an attempt to prevent the further spread of the disease," Quantum said in Monday's statement.

"The company is progressing with the re-introduction of current dormant assets in order to mitigate some of this lost egg production capacity. Some of these facilities will already be populated with layer hens before the end of October 2017."

Source: BDpro

Source: I-Net Bridge

For more than two decades, I-Net Bridge has been one of South Africa’s preferred electronic providers of innovative solutions, data of the highest calibre, reliable platforms and excellent supporting systems. Our products include workstations, web applications and data feeds packaged with in-depth news and powerful analytical tools empowering clients to make meaningful decisions.

We pride ourselves on our wide variety of in-house skills, encompassing multiple platforms and applications. These skills enable us to not only function as a first class facility, but also design, implement and support all our client needs at a level that confirms I-Net Bridge a leader in its field.

Go to: http://www.inet.co.za
Let's do Biz