Broiler producers benefit from higher meat prices in 2021
The U.S. poultry industry produced more than 1 billion pounds of ready-to-cook chicken on a weekly basis in 2021 while wholesale parts prices reached an all-time high.
The integrated chicken industry benefited from historically high meat prices in 2021 but paid higher prices itself for nearly everything. Facing the ongoing COVID-19 pandemic, the top U.S. broiler chicken companies expanded production and prepared to grow in the future.
Industry performance at a glance
According to WATT Global…