# What a bucket of chicken wings might tell the Fed

> 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.

- Date: 2021-06-25 · published 2021-06-25T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/46743-what-a-bucket-of-chicken-wings-might-tell-the-fed
- Commodities: [Chicken](https://feedsoft.ai/c/CHICKEN.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Tight chicken supply and feed cost inflation point to continued upward pressure on poultry prices, with feed costs a key input for producers.

## Read by commodity

- CORN: neutral
- CHICKEN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-05-25 | [What's in Store for the 2022 Feeder Cattle Market?](https://feedsoft.ai/events/5071-what-s-in-store-for-the-2022-feeder-cattle-market.md) | -2.8% | -3.7% |
| CORN | 2017-05-09 | [Goldman Sachs: Why the commodities rally might be different this time](https://feedsoft.ai/events/70919-goldman-sachs-why-the-commodities-rally-might-be-different-this-time.md) | +0.6% | +1.9% |
| CORN | 2018-05-16 | [Corn Hands the Baton to Wheat](https://feedsoft.ai/events/10238-corn-hands-the-baton-to-wheat.md) | +0.3% | -4.4% |
| CORN | 2021-12-22 | [Turning the Page on a Year of Transition \| Ohio BEEF Cattle Letter](https://feedsoft.ai/events/43743-turning-the-page-on-a-year-of-transition-ohio-beef-cattle-letter.md) | +0.7% | +3.5% |
| CORN | 2020-11-20 | [Decoding the price fluctuations of 2020 feed byproducts - High Plains Journal](https://feedsoft.ai/events/50261-decoding-the-price-fluctuations-of-2020-feed-byproducts-high-plains-journal.md) | +0.1% | +1.2% |

## Sources

- reuters.com: https://www.reuters.com/breakingviews/what-bucket-chicken-wings-might-tell-fed-2021-06-25/

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