News and analysis for the global poultry industry.
Industry News & Trends / Business & Markets
on December 28, 2021

Inflation dominates protein markets in 2021

Beef and chicken prices surged to new record highs last year while pork and turkey prices were incredibly strong compared to historical norms.

Inflation is pushing the demand for protein down, but a collapse in current prices is still unlikely. 

Inflation

Headline inflation, which is typically viewed through the lens of the Bureau of Labor Statistics’ Consumer Price Index (CPI), rose at an annualized rate of nearly 7% at the end of…

To view the full article, please register or login.

Advertisement