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University of Missouri economists report that chicken wing prices ran at least 30% above year-ago levels from late May, with thighs and legs also strong. Turkey prices fell as consumers shifted toward dark meat.
Chicken per capita consumption exceeded 91 pounds, while chicken production is projected to grow about 2% annually.
Strong chicken demand and modest production growth support chicken prices, while weaker turkey demand contrasts with that trend.
kttn.comKTTN NewsSep 1, 2017Not 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.
