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Chicken prices are finally starting to fall. You can thank busy roosters.

Posted on 11/24/22 at 11:52 am
Posted by saintforlife1
Member since Jul 2012
1321 posts
Posted on 11/24/22 at 11:52 am
quote:

New York(CNN Business) — Over the past year, as some meat prices have fallen, chicken prices have remained stubbornly high. Strong demand, supply issues and even breeding problems with under-performing roosters kept the pressure on. The supply shortage even had some restaurants, like Wingstop, experimenting with less popular items like thighs.

But now conditions are finally easing, paving the way for price declines ahead. In the year through October, not adjusting for seasonal swings, chicken prices had jumped 14.5%, according to data from the Bureau of Labor Statistics.

But in October, prices fell 1.3% from the month before. And promotions and deals are right around the corner.

The poultry industry has been able to work through one of the issues that slashed supply last year — a poor choice of rooster that led to fewer chicks than expected.

In May 2021, poultry giant Tyson explained it was short on chickens because of disappointing results with the type of breeding rooster it had picked.

"We're changing out a male that, quite frankly, we made a bad decision on," Donnie King, then Tyson's chief operating officer and group president of poultry, said at the time. There was an "unexpected decline" in hatchings earlier that year because of the type of roosters it used, King, now the CEO, explained.

Tyson wasn't the only one with the problem, noted Christine McCracken, executive director of animal protein at Rabobank. "If you look across the industry as a whole there were productivity issues that challenged several operators," she said.

Since then, producers "have gone back to a more traditional bird," she said.

LINK
This post was edited on 11/24/22 at 11:55 am
Posted by OWLFAN86
The OT has made me richer
Member since Jun 2004
175982 posts
Posted on 11/24/22 at 11:53 am to
Chicken is undervalued
Posted by deeprig9
Unincorporated Ozora, Georgia
Member since Sep 2012
64054 posts
Posted on 11/24/22 at 12:01 pm to
Last week I noticed chicken prices did drop at my local grocery store. Welcome sight. Now do beef, pork, and seafood.
Posted by Motorboat
At the camp
Member since Oct 2007
22686 posts
Posted on 11/24/22 at 12:04 pm to
quote:

less popular items like thighs.


Let’s keep it that way
Posted by FreddieMac
Baton Rouge
Member since Jun 2010
21007 posts
Posted on 11/24/22 at 12:09 pm to
Soy rooster?
Posted by trilambdaexpression
Member since Nov 2022
166 posts
Posted on 11/24/22 at 12:15 pm to
Today I learned there is more than one type of rooster.
Posted by STLhog
Nashville, TN
Member since Jan 2015
17718 posts
Posted on 11/24/22 at 12:17 pm to
Prices are in the tank but inputs are still
sky high.

These dudes are going to have a rough year financially.
Posted by Yat27
Austin
Member since Nov 2010
8108 posts
Posted on 11/24/22 at 12:17 pm to
quote:

Let’s keep it that way

I won't eat chicken unless it's a thigh, baw.
Posted by MoarKilometers
Member since Apr 2015
17950 posts
Posted on 11/24/22 at 12:27 pm to


Posted by PrecedentedTimes
Member since Dec 2020
3128 posts
Posted on 11/24/22 at 12:28 pm to
No nut November isn’t a thing for roosters it seems
Posted by Sterling Archer
Austin
Member since Aug 2012
7321 posts
Posted on 11/24/22 at 12:37 pm to
I never understood why the breast use to be more popular. Chicken thighs are far superior
Posted by Allister Fiend
Member since Jan 2016
817 posts
Posted on 11/24/22 at 12:56 pm to
So I guess the question is does Chicken Express or Canes follow suit.
Posted by TheIndulger
Member since Sep 2011
19239 posts
Posted on 11/24/22 at 12:59 pm to
Todd should be lowering box prices any day now
Posted by justaniceguy
Member since Sep 2020
5460 posts
Posted on 11/24/22 at 1:00 pm to
frick I hope so, caniac for a lil under $16 is hella lame.
Posted by Sao
East Texas Piney Woods
Member since Jun 2009
65779 posts
Posted on 11/24/22 at 1:19 pm to

Sam's has rotisserie whole chickens for about a buckish a pound. Snagged a 4.00 lbr for 4.98. That's some great value.
Posted by NorCali
Member since Feb 2015
1044 posts
Posted on 11/24/22 at 1:33 pm to
quote:

No nut November


Might be the dumbest thing in the history of man
Posted by BlueJacket
Member since Nov 2022
230 posts
Posted on 11/24/22 at 2:02 pm to
quote:

Chicken is undervalued


Big Poultry putting the screws to everyone
Posted by bobdylan
Cankton
Member since Aug 2018
1530 posts
Posted on 11/24/22 at 2:12 pm to
quote:

Over the past year, as some meat prices have fallen,




Posted by Bamboozles
BR
Member since Jul 2008
2303 posts
Posted on 11/24/22 at 2:16 pm to
Starting tomorrow (25th), through next tuesday, Albertsons has boneless, skinless chicken breast for 99c/lb (limit 10 lbs) through their "for U" program where you use your phone number to check out. Been ages since see that price.

You are welcome!
Posted by LongueCarabine
Pointe Aux Pins, LA
Member since Jan 2011
8205 posts
Posted on 11/24/22 at 4:22 pm to
quote:

Now do beef, pork, and seafood.


How about eggs? Prices for eggs are damned outrageous.
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