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Wholesale boneless skinless chicken breast prices have dipped as supply is ample and demand swings between dull and active. Turkey demand for fresh breast meat is subdued, leaving spot offerings widely available.
Ample chicken and turkey supply with soft demand points to lower wholesale poultry prices, which weakens the outlook for processors' margins.
expanamarkets.comJake Mills-ZivanovicMay 24, 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.
