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A Reuters column discusses rising chicken prices, linking them to feedstock inflation and to limited bird supply as Tyson Foods struggles to meet demand. It ties these trends to the Fed's view that inflation may be transitory.
Tight chicken supply and feed cost inflation point to continued upward pressure on poultry prices, with feed costs a key input for producers.
reuters.comRichard BealesJun 25, 2021Not enough comparable past events yet for a historical read.
After 78 past neutral macro events, Corn moved a median +0.3% over 5 sessions (55% higher; middle half -1.1% to +1.6%), and -0.6% over 20.
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.
