Video: COVID-19 causes sharp increases in meat prices

Meat prices paid by consumers are skyrocketing due to the COVID-19 chaos, according to new data.

Austin 70x70 Headshot
Poultry industry analyst Mark Jordan offers his insights on recent issues impacting the U.S. poultry sector. (Photo courtesy of Mark Jordan)
Poultry industry analyst Mark Jordan offers his insights on recent issues impacting the U.S. poultry sector. (Photo courtesy of Mark Jordan)

Meat prices paid by consumers are skyrocketing due to the COVID-19 chaos, according to new data.

According to Consumer Price Index data from April 2020, consumers paid an average of 2.6% more for food than the previous month. It’s the highest monthly increase since 1974. In a WATT Poultry Chat interview, Mark Jordan, executive director of LEAP Market Analytics, spoke about how the price increase may affect the poultry industry.

Jordan is a regular columnist for WATT PoultryUSA. You can read his latest Poultry Market Prospects column here.

View our continuing coverage of the coronavirus/COVID-19 pandemic.

Page 1 of 208
Next Page