Chicken prices at U.S. grocery stores have hit record highs and should stay elevated as Tyson Foods and other companies dial back poultry production to boost margins while inflation-weary shoppers buy chicken instead of beef and pork.
Higher chicken prices should improve earnings at top producers Tyson (TSN.N) and Pilgrim’s Pride (PPC.O), but will pinch consumers’ pockets as they try to save money by turning away from higher-end proteins. One index shows chicken producer profit margins at their highest in a year.
U.S. consumption of chicken is expected to exceed 100 pounds per person this year for the first time ever, data from the U.S. Department of Agriculture shows.
Beef consumption is forecast to drop to its lowest since 2018, as prices climb due to dwindling cattle supplies. Meanwhile, consumer spending cuts have knocked pork consumption to the lowest since 2015.
Arkansas-based Tyson, which sells all three types of meat, had to deal with a glut of chicken after earning massive profits when meat prices soared during the COVID-19 pandemic.
I mean this sucks but you could also just not eat any chicken.
I think you may have missed the part where people are eating chicken because the prices of beef and pork are through the roof.
Imagine if that crazy option would also be a lot less accessible to poor people who live in food deserts. But, as usual, they don’t matter.
Comments like this make me realize how awful the average persons diet is when they dont even know what beans and rice are lmao. Literally the cheapest foods are vegan. I eat beans, rice, pasta. Pb&Js. Apples ,bananas, sauteed veggies. If you have even a basic grasp of cooking this is the cheapest way to eat and still delicious
Comments like this remind me about how little so many people know about nutrition, largely due to the influence of absolute nutjobs like Sylvester Graham and John Harvey Kellogg.
Chicken holocaust enablers. I don’t want to come across as a crazy vegan (I’m not a vegan) but chickens are as intelligent as any other pet, if not more. My chickens recognize words and individual people, and are always figuring out sneaky ways to escape their enclosure. If we all raised our own chickens, there would be a lot less collective suffering on this planet. You only need to refill their feeder once a week, and you can compost their droppings to make pure fertilizer.
Edit: B…but my tendies!!! All I’m asking is for people to consider eating chicken less often and to consider the suffering they go through as a species. They evolved to live in the jungle, not a cage barely as big as them.
I raise my own chickens and love them very much. I’d also eat one if they got out of line, and I ate the males as soon as they were big enough (only hens allowed here locally). Its both an amazing food resource and source of joy seeing them every morning and giving them treats as they wander my yard. They are very happy.
I also buy chicken from the store still because I usually raise for eggs only. Point is, I am around chickens every day by choice and don’t see it the same way as you.
As a vegan, fuck them chicken eaters
Less chickens being slaughtered is fine by me. Maybe beef and pork producers also wanna ‘boost margins’
You’re gonna be paying ten dollars for a spaghetti squash and looking at four dollar avocados once the farmers catch on and the demand equalizers lol. People need to eat.
The body may continue to thrive for a very long time, but the brain does appear to be a total loss.
If the farmers can sell it for ten, I can sell them fresher for 9. “People need to eat” no, corporations are robbing you blind.
What are you talking about? And how do I stop corporations from robbing me blind then–by simply not eating chicken? You act like the solution is to simply “change behavior x” which I am doing constantly. I am continuously reevaluation my expenses and trying to find alternative solutions. The reason I’m eating chicken is because it was the cheapest option for the longest time. Are you suggesting I grow and butcher my own chickens? And why are you refuting the fact that people need to eat when it is an irrefutable truth? If people stop eating protein rich meat, the cost of protein rich veggies and other supplements will skyrocket, and here we are having this conversation again.
Produce is waaay less conglomerated into massive corporations. Its just too easy to grow produce for anyone to control the market. To a point where if produce gets too expensive, I can just grow it myself.
Who tf is upvoting this? It’s highly unlikely this person has the acreage, time, equipment, and knowledge to grow all their own food.
Even if they did, it’s not a real solution to the vast majority of people.