# As U.S. sees record chicken prices, economists say it’s unlikely to hit Canada - National | Globalnews.ca

> Global News reports that US chicken prices have hit record highs, with Tyson closing six chicken plants this year to cut costs. The USDA projects per-capita chicken consumption above 100 pounds this year for the first time. Canadian economist Mike von Massow says supply management will likely shield Canadian consumers from similar price spikes.

- Date: 2023-10-07 · published 2023-10-07T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/33776-as-u-s-sees-record-chicken-prices-economists-say-it-s-unlikely-to-hit-canada
- Commodities: [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Why it matters

US production cuts tighten poultry supply and support feed demand for US producers, while Canada's supply management limits the spillover. The price impact on feed markets is limited to the US.

## Read by commodity

- CHICKEN: bullish ▲

## Sources

- globalnews.ca: https://globalnews.ca/news/10008523/chicken-prices-canada-us-impact/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.