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Major U.S. chicken companies are diverting supplies from restaurants to grocery stores as shoppers stock freezers amid coronavirus worries. Retail demand has surged while food-service demand has weakened.
Strong retail demand for chicken supports broiler prices and can lift demand for feed grains, though the shift from restaurants limits overall sales gains.
reuters.comTom PolansekMar 18, 2020Not enough comparable past events yet for a historical read.
Not 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.
