Submitted by Doyoufeelme101 t3_z5qt0k in wallstreetbets
ModernDS t1_ixz7y0j wrote
Food inflation is also still sorting through Covid demand shifts. Chicken for example, went from restaurant demand (breast meat focused), to grocery store demand (whole bird focused) overnight with Covid lockdown. That shift called for a different size bird, altering producers plans. We have since shifted back but when growing animals you cannot move as quickly as the market can change. Meat Price Chart/Outlook
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