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Costco is building its own poultry operation in eastern Nebraska, expected to open in about a year, to bring more of its rotisserie chicken supply chain in-house. The retailer has long held its $4.99 rotisserie chicken price, at times at a loss.
The move aims to control costs for a key traffic-driving product.
Vertical integration by a large retailer adds broiler processing capacity over time, but the effect on wholesale chicken prices is small in the near term.
seattletimes.comBenjamin RomanoSep 21, 2018Not 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.
