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 think you may have missed the part where people are eating chicken because the prices of beef and pork are through the roof.
What if there was some crazy option that didnt involve any of the those?
Cannibalism is illegal, and risky, trust me.
There’s always roadkill
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.
I went vegan in a food desert. Beans, rice, greens, lentils, potatoes, etc. are available in the same areas where you can buy the carcasses of sentient beings and are generally cheaper than the cruelest option.
Really? Because I haven’t seen most of those in a Dollar General. But I have seen ramen. Beef and chicken ramen. Which is what some poor people survive on.
This is how i know youre lying to make a point. I literally buy beans at my dollar general. The idea youve never seen beans or rice or pasta or bread or other staples at a dollar store is insane.
Because all Dollar Generals have exactly the same products in them. That’s why I must be lying to make a point. Because they’re all exactly the same in every way. And you know this because you’ve gone to every single one. That’s how you know I’m lying to make a point.
Cope
Cope with what exactly?
Poor people in food deserts should push local governments to open a public grocery. They can’t because corporations buy off their political leaders.
I think i fit that bill pretty well in rural mississippi
Idunno, I’ve managed to eat none of the three for like six years now and I’m still kicking
well, we shouldn’t be eating them either
Someone is upset by the concept of us not eating animals
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$1.79/lb boneless skinless
a few weeks ago hereright now.I guess you’re just assuming prices are the same everywhere. I wish it was.