Analysis: Record chicken prices squeeze US shoppers, benefit Tyson Foods
Written by Black Hot Fire Network on October 5, 2023
CHICAGO, Oct 5 (Reuters) - Chicken prices at U.S. grocery stores have hit record highs and should stay elevated as Tyson Foods and other companies dial back poultry production to boost margins while inflation-weary shoppers buy chicken instead of beef and pork.
Higher chicken prices should improve earnings at top producers Tyson
