Organic chicken slaughter steadily increased over the course of 2024. Since July, organic chicken slaughter has exceeded seven million pounds weekly for 18 of the 21 weeks.
Much of the weekly organic chicken production in 2023 and H1 2024 exceeded eight million pounds. The subsequent decline coincided with the peak inflation that occurred in June of 2022, when the overall rate reached 9%.
As 2024 progressed, consumers increasingly balked at non-essential food expenses and organic chicken sales dipped.
Major retailers told Fastmarkets that consumers typically retreat to lower price tiers such as naturally raised chicken as organic prices climb. As prices moderate, consumer will gradually make organic chicken a routine purchase.
The latest Consumer Price Index (CPI) figures released today show food prices are once again advancing. The index for meats, poultry, fish and eggs increased…
12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
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US animal fats and oils end week softer across the board ahead of holiday slowdown
Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...
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December cattle on feed down on month, year
Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.
The only significant price...