Repercussions For Months To Come
Manage episode 332508447 series 3011013
Avian Flu holds at 36 states with cases detected. For the first time since the initial cases reported in February, we have gone a whole week with no new cases reported. The damage done hold at just over 40 million birds removed from the food chain. We will feel the repercussions from this for months to come, the two industry segments most affected are chicken egg layers and turkeys. Expect very tight supply and increasing pricing for the next few months. The southeast home to most of the chicken producers was minimally affected and after the recent run up in boneless breast prices we continue on the way down with lower prices again this week. I think there is some more downside to this slide, as now chicken is finally back below ground beef pricing. Still, we have more room to slide. Wings are holding steady as demand is being well met by current production.
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