Thank you.
We take weekly or daily phone calls regarding price increases, and most of the recent price increases have been based on commodity pricing. We have been very careful, when purchasing our ingredients coming in, that we do not go too long on contracts, just in case there is a fluctuation downward in pricing.
We do have some concerns. Some farms have reached out to the local agricultural minister to protect them from insolvency. I think we have some growers on the island who are on the borderline of shutting their doors as feed input costs are becoming too much and payback on the growing of chickens is just not coming their way.
I think the government needs to be a little more involved with the marketing board and the processors. Those on the island are in need of assistance, and freight is coming in at a high cost.