News and analysis for the global poultry industry.
Industry News & Trends / Business & Markets / Consumer Trends
on November 2, 2022

Collapse in chicken demand stuns poultry industry

After a strong start in 2022, the situation completely unraveled during the second half of the year.

Chicken prices collapsed, along with demand, in the second half of 2022. This sets up a bleak picture for integrator profitability.

Prices fall

In May 2022, according to the U.S. Department of Agriculture estimates, spot wholesale prices for boneless skinless breast meat averaged about $3.50 per pound, an all-time high…

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