Alabama Newscenter — Poultry Prices Soar to Record Amid U.S. Chicken Sandwich Wars
By Michael Hirtzer and Dominic Carey
Bloomberg
Chicken sandwich fever means poultry is pacing U.S. food inflation in the meat case.
U.S. producer prices for processed poultry jumped to an all-time high in May, climbing 2.1% in the eighth straight monthly increase, U.S. government data showed Tuesday. Gains in poultry outpaced the 0.8% increase in the broader producer price index.
The surge comes after several large fast-food restaurant chains recently launched fried-chicken sandwiches in a bid to match Popeyes’ 2019 viral success. Sales have also surged with consumers preparing more meals at home during the pandemic. Meanwhile, poultry producers have struggled to keep up with the growing demand, with labor shortages at meat plants and severe winter storms that killed thousands of birds constricting chicken supplies.
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About the Author (Author Profile)
Scott Martin is an operational meteorologist, professional graphic artist, musician, husband, and father. Not only is Scott a member of the National Weather Association, but he is also the Central Alabama Chapter of the NWA president. Scott is also the co-founder of Racecast Weather, which provides forecasts for many racing series across the USA. He also supplies forecasts for the BassMaster Elite Series events including the BassMaster Classic.Subscribe
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