# Wingstop CEO encouraged that chicken wing prices are falling from Covid peak

> Wingstop's CEO said chicken wing spot prices have fallen almost 40 cents per pound from their peak as of early November. He expects continued supply growth to rebalance the market toward pre-pandemic levels next year.

- Date: 2021-11-03 · published 2021-11-03T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/44213-wingstop-ceo-encouraged-that-chicken-wing-prices-are-falling-from-covid-peak
- Commodities: [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Why it matters

Easing wing prices signal improving chicken supply, which pressures chicken prices lower and reduces the cost of chicken-based inputs over time.

## Read by commodity

- CHICKEN: bearish ▼

## Sources

- cnbc.com: https://www.cnbc.com/2021/11/03/wingstop-ceo-encouraged-that-chicken-wing-prices-are-falling-from-covid-peak-.html

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