Greener Living
US Chicken Prices to Fall at Last Thanks to Green Fuel Boom
- Meatpackers will be able to buy abundant animal feed for less
- Shoppers set to see more grocery deals as savings trickle down
Poultry sits in bins at a processing facility in Baltic, Ohio.
Photographer: Dane Rhys/BloombergThis article is for subscribers only.
After years of butcher-counter sticker shock, Americans are likely to see a drop in meat prices thanks to an unlikely ally: the emerging renewable fuel industry.
Processing the vast amounts of soybeans needed to make the plant-based jet fuel and diesel required to lower US emissions will also create mountains of co-product soymeal, widely used in animal feed. The less expensive it is for meatpackers to feed their animals, the more meat they’ll produce, ultimately trickling down to lower prices at the grocery store.