The USDA whole chicken wing market has declined just over 11 percent since peaking at the beginning...
Despite the rising overall value of choice beef, some of the key chicken markets, including breasts, tenders, and wings, have been tracking downward which is not unusual for this time of the year. The expectation is for chicken output during the fall to be much better than prior year. However, as the broiler chick placement data suggests in the chart above, one may not want to get too excited here, as chick placements are only tracking slightly above 2022 levels. This suggests that any chicken output gains from two years ago will be mostly due to heavier bird weights. Want to learn how Datum FS can help you anticipate commodity volatility? Learn more by exploring this website or fill out the form below. Thanks for reading.
