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Economics

Profit Tastes Like Chicken in Hunt for Cheaper U.S. Meat

Record-high prices for U.S. beef burgers and pork chops are helping to make 2014 the most profitable year ever for chicken producers.

Americans are buying more chicken as a cheaper alternative just as fast-food restaurants including Yum! Brands Inc. and McDonald’s Corp. add new menu items from wings to club sandwiches. The sales surge has sent wholesale prices to an all-time high, boosted profit for processors including Tyson Foods Inc., and left Ozark Mountain Poultry unable to keep up.