ANALYSIS: Chicken Industry in Unseasonable Standoff Between Demand Patterns and Supplies
The chicken industry is engaged in a standoff between demand patterns and supplies. So far, the call for chicken this year has barely given up any ground, in a rather unseasonable manner.
The chicken index is a weighted average value composed of some of the lines in the chicken market including items like boneless breast meat and leg quarters. Since it is a formulation of several of the main components, it can be used as a rough indicator of market strength or weakness and seasonal trends...
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