News

Tuna has a chance when chicken prices peak in the United States

Tuna
Frozen Whole Chicken
United States
Vietnam
Published Jun 30, 2022

Tridge summary

Record high chicken prices The US is facing the highest inflation in 40 years. Food items are constantly increasing in price, chicken is no exception. US retail price of whole chicken US$1.70/lb, or US$3.8/kg in April – a 15-year record, 19% higher than the 10-year average. In the context of the ongoing bird flu epidemic, the US Department of Agriculture predicts that wholesale poultry prices will increase by 15-18% this year.

Original content

Chicken prices record high The US is facing the highest inflation in 40 years. Food items are constantly increasing in price, chicken is no exception. US retail price of whole chicken US$1.70/lb, or US$3.8/kg in April – a 15-year record, 19% higher than the 10-year average. In the context of the ongoing bird flu epidemic, the US Department of Agriculture predicts that wholesale poultry prices will increase by 15-18% this year. In the US, chicken is a popular ingredient in fast-food and restaurant dishes, with about half of all poultry consumed in the US for this channel. After two years of being affected by Covid-19, restaurants and hotels reopened, leading to an increase in the demand for chicken, which is also part of the reason for the price of this item to go up. The increase in the price of chicken causes items of comparable nutritional value to be considered. According to ATUNA, tuna can be an excellent source of protein, but is still relatively far behind chicken. The ...
Source: CafeF
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