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Chicken breast, tender and wing prices have been drifting lower, which is typical for this time of year. Broiler chick placements are only slightly above 2022 levels, so expected fall output gains are mostly from heavier bird weights.
Modest broiler output growth and softer chicken cuts pricing point to limited near-term support for chicken demand and feed use.
datumfs.comDavid MaloniOct 31, 2024Not 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.
