Thursday, April 12, 2012

Chicken Market Update- Week of 4/16

Market Update

· Easter is over and retailers are featuring poultry for the next few weeks. Demand has picked up for some for white meat items, bone in dark meat is the biggest feature this week.

· Drums and B/I thighs have moved up on the market, and hindquarters are also in high demand.

· Thigh meat was higher yesterday, and is expected to move higher.

· Tenders are also hot.

· Wings have finally moved lower on the market, finally we are seeing some small relief.

· Overall the tone is still bullish, breast meat should make a move within 2 weeks, as BBQ season kicks in full throttle.