labor shortage send poultry prices higher

Companies like KFC, Wingstop, and Buffalo Wild Wings are paying extra for poultry due to the scarce amount available, the Wall Street Journal reported.

Chicken breast prices have reportedly more than doubled since January and the price of chicken wings have recently hit record highs.

The uptick in cost is a result of labor shortages that have been seen across industries since the economy reopened following the coronavirus pandemic. Chicken suppliers are struggling to get enough workers to keep up with demand, the journal reported.
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Jumbo boneless skinless chicken breasts were just under $1 a pound at the start of 2021 and are currently just over $2 a pound, the journal cited from the research firm Urner Barry.

Jumbo wings were just over $1.50 a pound at the start of 2020 and started 2021 around $2 a pound. Now, the price has gone up to around $3 a pound, the research firm found.

Some major establishments say they are running out of or limiting their sales on tenders, filets, and wings.

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