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Vox examines Costco's $4.99 rotisserie chicken, which has kept the same price for over a decade while chicken prices rose 18.6% year-on-year to June 2022. Costco runs its own chicken business, contracting farms in Nebraska and Iowa to raise about 100 million birds a year.
This is a feature on retail pricing and vertical integration rather than a new supply or demand shock, so it has little direct effect on feed or commodity prices.
vox.comKenny TorrellaJul 18, 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.
