Why chicken prices are starting to drop in United States

Last year, with some meat prices falling, chicken prices remained high. Strong demand, supply issues and even breeding issues with underperforming roosters kept the pressure on. The shortage of supply has caused some restaurants, like Wingstop, to experiment with less popular items like drumsticks. But now conditions are finally improving, paving the way for price declines ahead. In the year through October, without adjusting for seasonal swings, chicken prices rose 14.5%, according to data from the Bureau of Labor Statistics. But in October, prices fell by 1.3% from the previous month. And promotions and offers are just around the corner. The US poultry industry has managed to solve one of the problems that reduced supply last year - a poor rooster choice that led to fewer chicks than expected. In May 2021, poultry giant Tyson explained that it was short of chickens because of disappointing results with the type of breeding rooster it had chosen. "We're trading a male that, ...