Why Egg Prices Are Surging — But Chicken Prices Are Falling: It's an ‘Act of God' Event, Says Trade Strategist
'Broilers' are less affected by flu than 'layers'The wholesale price of chicken breast has fallen below $1.20 a pound, a third of its peak around $3.60 over the summer, for example, Lapp said." — aren't affected by avian flu to the same extent as the"layers."
"It's two totally different styles of production, two totally different breeds of bird," Moscogiuri said.to Vencomatic Group, a poultry consulting firm.However, the lifecycle for an egg-laying hen can be upwards of 100 weeks, Moscogiuri said. It can take about five to six months for layers just to reach full productivity,The latter are therefore more susceptible to bird flu since farmers must keep them alive for a longer time, experts said.
Despite the recent retreat, chicken prices are still up 14.5% compared to October 2021, according to the CPI. like corn and soybeans — the primary ingredients in chicken feed — have likely contributed to inflation for chicken, as well as eggs. Higher energy prices also factor into elevated costs for food distribution, for example.
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