# Chicken prices drop, though it can be hard to find

> Wholesale chicken prices in the U.S. have fallen even as grocery shoppers stockpiled meat in March and early April. Economist Will Sawyer of CoBank says consumers who stockpiled are now destocking and eating from their freezers.

- Date: 2020-04-06 · published 2020-04-06T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/53793-chicken-prices-drop-though-it-can-be-hard-to-find
- Commodities: [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Why it matters

Destocking by households cuts retail buying just as processors have plenty of product in the pipeline, which pushes wholesale chicken prices lower. Supply will take time to adjust.

## Read by commodity

- CHICKEN: bearish ▼

## Sources

- ajc.com: https://www.ajc.com/news/local/georgia-agriculture-biggest-player-whipsawed-shopping-changes/itcFq5msI24SXvmkYkoAvO/

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