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Texas A&M AgriLife economists report that wholesale boneless, skinless chicken breast prices have risen sharply, to $1.91 per pound from 93 cents a year earlier. Restaurant demand for specific cuts is outpacing supply even though overall chicken production is substantial.
Higher feed costs are also cited as a factor in retail poultry prices.
Strong demand for chicken cuts and tight supply support higher poultry prices. Rising feed costs add to producer expenses and may keep prices firm.
agrilifetoday.tamu.eduAdam RussellMay 5, 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.
