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An Australian analysis says chicken prices have risen sharply after years of stable pricing, as food inflation rose to 9% annually. Retail red meat prices have eased, while beef and lamb trends are also discussed.
The commentary links the chicken price move to the broader livestock and retail meat market.
Rising retail chicken prices signal firm poultry demand that can support feed usage, though this is routine market commentary without a new supply shock.
mecardo.com.auAngus BrownOct 31, 2022Not 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.
