Chicken Breast is More Expensive Than Ground Beef

Avian Flu now has been detected in 35 states adding one more state to the list.  Around 38 million birds have been depopulated and removed from the food supply which is up only about 100K for the week. One contact in the turkey business told me we just need 7 straight days over 70 degrees and the virus will die.  Again, the damage is done but hopefully we are at the end of this outbreak.  Not to be a downer but I did see some speculation the virus will return come fall when the weather gets cool again and give us a double whammy. Looking at current markets and chicken breasts are still moving higher and setting new records.  With breast meat now costing more than ground beef and pork loins and butts, I’m hard pressed to see this market continue much higher, but with QSR demand holding strong and production only showing small increases I don’t see any relief either.  Looks like we were right on wings having hit bottom, they are moving higher again.  Still a bargain compared to breast meat but I think we’ve seen the bottom for this run on wing prices. Savalfoods.com | Find us on Social Media: Instagram, Facebook, YouTube, Twitter, LinkedIn