Roots FM News
The Best Dressed Chicken, a division of Jamaica Broilers Group Limited, has announced a $12.50 per kilo cut in prices for The Best Dressed Chicken Grade-A whole bird and mixed parts.
The new prices will come into effect on Thursday, August 18, 2022.
The company says this is a result of improvements in global marketing conditions, including increased stability in the grain market, stabilization of the foreign exchange rate, and reductions in containerized shipping costs.
In a statement Christopher Levy, president and chief executive officer of Jamaica Broilers Group said it is a very good economic signal that they are able to implement a price reduction at this time.
In January, Jamaica Broilers announced a 10 per cent price increase on its products.
The COVID-19 pandemic, coupled with the ongoing Ukraine-Russia war, has significantly impacted global shipping, resulting in delays and increased prices.