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ANALYSIS: March Chicken Inventory Trends Reflect Shifting Domestic and Export Dynamics
Cold storage inventories of chicken continue to diverge from 2023 levels, with March values up 3.1% year-over-year (YoY). Although there was a month-over-month (MoM) decrease from February to March, it was less significant than the typical five-year average decline. This overall trend was largely driven by the breast and breast meat category, which alone accounted for 32% of total chicken supplies in cold storage. Frozen holdings of breasts and breast meat were up 13.7% YoY and declined just 0.6% MoM—far less than the five-year average decrease of 4.2%.
This is particularly notable given the difficulty many domestic buyers faced in uncovering both...
The Retail Rundown: Valentine’s Day Brings Foodservice Gains
The grocery segment received a boost from last weekend’s pro-football championship game, with strong movement at the meat case. According to Circana data, retail chicken wing sales ahead of the game reached about $8.7 million, up from $8.5 million the previous week. Pork ribs brought in nearly $7 million, rising from $6.7 million, while ground beef sales totaled approximately $76 million, compared to $74.7 million the prior week.
Looking ahead, February is typically a slower month for retail and overall meat demand. However, Valentine’s...
7-Eleven, Inc.'s Laredo Taco Company Launches New Flavor-Packed Chicken Fajita Burrito
New crave-worthy menu items and meal deals are here! Today, 7-Eleven, Inc.'s Laredo Taco Company® restaurant launched an all-new Chicken Fajita Burrito that's sure to satisfy every craving. Plus, customers can start their day with Raise the Roost® and Speedy Café® crave-worthy breakfast offerings or enjoy delicious lunch deals at participating 7-Eleven®, Speedway® and Stripes® stores nationwide.
The bold new Chicken Fajita Burrito at Laredo Taco Company features perfectly seasoned chicken...
PERDUE® Is ‘Winging It’ With Wayne Brady During This Year's Big Game
Perdue® is taking this year’s Big Game viewing experience in an unexpected (and unpredictable) direction by combining the irresistible flavor of Perdue Air Fryer Ready ™ Crispy Wings with five-time Emmy Award-winner and two-time Grammy nominee, Wayne Brady.
Inspired by key game moments, commercials, commentary and requests from viewers and, of course, the mouthwatering goodness of Perdue Air Fryer Ready Crispy Wings, Brady will “wing it” to create songs, jokes, sketches and…who knows what else!
“Winging It” performances...
As the Official Wing of Watching Football, Popeyes® is Putting it's Money Where Your Mouth Is
At the start of football season, Popeyes® called dibs on being The Official Wing of Watching Football and committed to making sure every football gathering is packed with flavor and fun. To honor this, the brand recently introduced a new Sweet 'N Smokey Chipotle Wings flavor to continue offering fans the flavor variety they crave. Now, Popeyes is investing in "word of mouth" marketing by literally putting their money where your mouth is...
ANALYSIS: Chicken Wings Bucking Historical Trends
Anyone dealing in the wholesale chicken wing market is acutely aware of the rarefied air the industry is breathing these days. Not since the dizzying heights of 2021 have wholesale values soared as they do now, defying historical trends and seasonal expectations. Recent market feedback continues to paint a surprisingly robust picture, which suggests the current undertone may not be shifting just yet.
The shadow of 2021 looms large, a year marked by such astronomical prices that drove buyers away, taking nearly two years for demand to recover...
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