# Record-Low Chicken Prices Usher in Golden Age for Nuggets Lovers - Bloomberg

> US chicken breast prices have fallen nearly 20 percent from a year earlier, according to USDA data. Boneless, skinless breasts averaged 90.08 cents a pound on Oct. 5, the lowest in USDA records going back to 1992.

- Date: 2018-10-10 · published 2018-10-10T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/62690-record-low-chicken-prices-usher-in-golden-age-for-nuggets-lovers-bloomberg
- Commodities: [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Why it matters

Record-low breast prices weaken chicken as a feed-protein demand driver and add pressure on integrators' margins, which can weigh on demand for competing feed ingredients. Cheap chicken also supports consumer substitution away from beef and pork.

## Read by commodity

- CHICKEN: bearish ▼

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2018-10-10/record-low-chicken-prices-usher-in-golden-age-for-nuggets-lovers

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