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Costco, BJ's and Sam's Club are keeping rotisserie chicken prices at or below about $5 despite broader poultry cost increases. US chicken prices rose 16.4% in the year to April, and USDA expects wholesale poultry prices to rise 15-18% this year due to bird flu.
The story is mainly about retail loss-leader pricing, which has little direct effect on wholesale chicken or feed demand, though it reflects the broader bird flu-driven price increase.
www-s4.npr.orgRachel TreismanJun 7, 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.
