# Chicken Prices in Freefall After a Challenging Year - Perishable News

> Sanderson Farms reported that boneless chicken-breast prices fell 26 percent and jumbo wing prices fell 30 percent in the three months ending Oct. 31 versus a year earlier. Overall poultry prices were 9.2 percent lower in fiscal 2018, even as the company sold a record 4.44 billion pounds. Retailers promoted premium red-meat items, and competing pork and beef supplies have weighed on chicken demand.

- Date: 2018-12-27 · published 2018-12-27T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/61719-chicken-prices-in-freefall-after-a-challenging-year-perishable-news
- Commodities: [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Why it matters

Heavy meat supplies and weak chicken demand point to continued downward pressure on broiler prices, which lowers the cost of poultry as an alternative protein for buyers.

## Read by commodity

- CHICKEN: bearish ▼

## Sources

- perishablenews.com: https://perishablenews.com/meatpoultry/chicken-prices-in-freefall-after-a-challenging-year/

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