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US chicken tender prices rose to $3.98 per lb at the start of December according to USDA data. Analysts were divided on whether a true shortage exists, citing strong foodservice demand and labor shortages at processing plants.
Supermarket dollar sales and poultry slaughter stayed relatively stable year over year.
Labor-constrained processing and strong foodservice demand keep chicken prices firm, although overall supply is steady.
foodinstitute.comChris CampbellDec 13, 2021Not 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.
