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submitted 1 year ago by MicroWave@lemmy.world to c/news@lemmy.world

Chicken prices at U.S. grocery stores have hit record highs and should stay elevated as Tyson Foods and other companies dial back poultry production to boost margins while inflation-weary shoppers buy chicken instead of beef and pork.

Higher chicken prices should improve earnings at top producers Tyson (TSN.N) and Pilgrim's Pride (PPC.O), but will pinch consumers' pockets as they try to save money by turning away from higher-end proteins. One index shows chicken producer profit margins at their highest in a year.

U.S. consumption of chicken is expected to exceed 100 pounds per person this year for the first time ever, data from the U.S. Department of Agriculture shows.

Beef consumption is forecast to drop to its lowest since 2018, as prices climb due to dwindling cattle supplies. Meanwhile, consumer spending cuts have knocked pork consumption to the lowest since 2015.

Arkansas-based Tyson, which sells all three types of meat, had to deal with a glut of chicken after earning massive profits when meat prices soared during the COVID-19 pandemic.

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[-] bobs_monkey@lemm.ee 17 points 1 year ago

I think you may have missed the part where people are eating chicken because the prices of beef and pork are through the roof.

[-] blazera@kbin.social 23 points 1 year ago

What if there was some crazy option that didnt involve any of the those?

[-] GlitterInfection@lemmy.world 16 points 1 year ago

Cannibalism is illegal, and risky, trust me.

[-] transientpunk@sh.itjust.works 8 points 1 year ago

There's always roadkill

[-] FlyingSquid@lemmy.world 8 points 1 year ago

Imagine if that crazy option would also be a lot less accessible to poor people who live in food deserts. But, as usual, they don't matter.

[-] trevor@lemmy.blahaj.zone 7 points 1 year ago* (last edited 1 year ago)

I went vegan in a food desert. Beans, rice, greens, lentils, potatoes, etc. are available in the same areas where you can buy the carcasses of sentient beings and are generally cheaper than the cruelest option.

[-] FlyingSquid@lemmy.world -2 points 1 year ago

Really? Because I haven't seen most of those in a Dollar General. But I have seen ramen. Beef and chicken ramen. Which is what some poor people survive on.

[-] KaleDaddy@reddthat.com 9 points 1 year ago

This is how i know youre lying to make a point. I literally buy beans at my dollar general. The idea youve never seen beans or rice or pasta or bread or other staples at a dollar store is insane.

[-] FlyingSquid@lemmy.world -5 points 1 year ago

Because all Dollar Generals have exactly the same products in them. That's why I must be lying to make a point. Because they're all exactly the same in every way. And you know this because you've gone to every single one. That's how you know I'm lying to make a point.

[-] trevor@lemmy.blahaj.zone 1 points 1 year ago
[-] FlyingSquid@lemmy.world -1 points 1 year ago
[-] trevor@lemmy.blahaj.zone 3 points 1 year ago

Your cognitive dissonance. You have to try and BS your way out of your paper thin excuse about why it's fine for your to consume sentient beings, despite alternative options being available.

[-] FlyingSquid@lemmy.world 0 points 1 year ago

My whole point was there are not alternative options available in food deserts sometimes. Did you not even read any of my posts? Did you just decide someone was arguing with me and that must mean I'm an executive for Tyson Foods or something? It has nothing to do with "why it's fine" and everything to do with "they may not have a choice."

But then I don't expect you to read this post either, so I'm not sure why I bothered.

[-] kicksystem@lemmy.world 1 points 1 year ago

So now I'm curious: do you live in a food desert?

[-] ghostdoggtv@lemmy.world 5 points 1 year ago

Poor people in food deserts should push local governments to open a public grocery. They can't because corporations buy off their political leaders.

[-] blazera@kbin.social 1 points 1 year ago

I think i fit that bill pretty well in rural mississippi

[-] ElcaineVolta@kbin.social 13 points 1 year ago

well, we shouldn't be eating them either

[-] starman2112@sh.itjust.works 12 points 1 year ago

Someone is upset by the concept of us not eating animals

[-] starman2112@sh.itjust.works 13 points 1 year ago

Idunno, I've managed to eat none of the three for like six years now and I'm still kicking

this post was submitted on 05 Oct 2023
433 points (98.2% liked)

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