High demand and high prices for chicken breasts and other cuts like wings, which remained relatively high throughout 2020, could last until production catches up again, he said. “There is plenty of chicken, but when you have all these chains making chicken biscuits and chicken sandwiches, which are a hot product right now, and they’re all made of chicken breasts, there is only so much of those specific cuts to go around.” “There is a lot of chicken being produced, but we are seeing restaurants that aren’t getting as much supply as they want to get,” he said. Between 20, those cuts averaged around $1.18 per pound wholesale. Wholesale boneless, skinless chicken breasts were $1.91 per pound compared to 93 cents per pound last year, Anderson said. Poultry companies struggled to find profits as closures impacted restaurants, a major destination for various chicken cuts.īut the subsequent economic reopening and growth has caused tight supplies and rising prices for chicken breasts, which consumers find in a variety of forms and places, Anderson said. poultry production declined during 2020 as the industry grappled with shifting demand associated with the pandemic. David Anderson, Ph.D., AgriLife Extension economist at Bryan-College Station in Texas, said wholesale chicken prices continue to rise as demand from restaurants has put pressure on supplies of certain poultry cuts.Īnderson said U.S.
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