# Why meat prices are up 10.5% this year | Fortune

> Consumer prices for meat, poultry, fish and eggs rose 10.5% over the past year, with beef up 17.6%. Kansas City Fed economist Nathan Kauffman attributes the increase mainly to strong demand after reopening combined with limited supply capacity. Pandemic-era plant disruptions are a smaller factor now.

- Date: 2021-10-14 · published 2021-10-14T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/44498-why-meat-prices-are-up-10-5-this-year-fortune
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Why it matters

Strong retail meat demand and limited processing capacity support livestock and poultry prices, which can sustain demand for feed grains and protein meals.

## Read by commodity

- HOGS: bullish ▲
- CHICKEN: bullish ▲
- LCATTLE: bullish ▲

## Sources

- fortune.com: https://fortune.com/2021/10/14/meat-prices-inflation-meatpacking-supply-chain-issues-shortages-covid/

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