Chicken Market Update- Week of 5/21

· Things are still very rosy in the poultry market. With Memorial Day right around the corner, there is much optimism.

· All white meat is short in supply, from breast meat, to tenders and wings….all is in very heavy demand. The market has advanced in response to that demand.

· Dark meat has also been in the spotlight. Most dark meat demand has been in retail needs; mainly drums, thighs and hindquarters.

· Leg meat has been the one item that has been sluggish.

· Thigh meat volume has been good, but with leg meat sluggish, pricing on thigh meat seems to be staying put.

· Wings have stood out as the biggest demand item on a normally sluggish time of year, although breast meat and tenders seem to be following its seasonal trends, with potentially more upside to come.

The poultry market trends are very bullish

Chicken Market Update- Week of 4/23

Market Update

· Retail has picked up and the items chosen for ads are in dark meat; drums, thighs, and hindquarters.

· Drums are in short supply, while thighs are also hard to find.

· While white meat (mainly breast meat) is still abundant, although prices are stable, tenders are still short.

· B/I breasts have tighten up.

· Wings are still a wild card. The pipelines are still unfilled, so the supply and demand are in line.

· Thigh meat demand has also risen for fresh, so frozen inventories are in short supply.

· Overall the tone is bullish.

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.