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BMO Capital Markets analysts say steep fourth-quarter 2025 drops in chicken cutout values point to weaker margins in 2026. Higher bird weights and no fall production cutbacks are adding to supply, though wing prices may be near a bottom.
Increased early-2026 production points to softer chicken prices and margins, especially for big birds. Retail contracting is expected to rise, which could support prices at the margin.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.