US Chicken Prices Fall 18% From Summer Peak
A worker places chicken breasts in a machine to be weighed and packaged in the butcher section of a supermarket.
Photographer: Angus Mordant/BloombergAs Americans heeded a catchphrase and indeed ate more chicken during a beef spike, poultry producers raked in profits. Now, falling chicken prices may be bringing that rally to an end.
Spot chicken prices in the US have fallen 18% since their summer barbecue-season peak as key production indicators suggest supply is finally catching up with booming consumer demand.