Key facts
- Inghams Group's Western Australia operations were locked down.
- The lockdown followed the detection of H5N1 avian influenza in the state.
- Inghams shares fell as much as 14% in early Monday trading.
Shares in Australian chicken producer Inghams Group experienced a significant decline, dropping as much as 14% in early Monday trading. The sell-off was triggered by the company's decision to lock down its operations in Western Australia. This precautionary measure was implemented after the detection of the H5N1 avian influenza virus in the state. The news has raised concerns about potential impacts on the poultry industry and supply chains.