ANALYSIS: July Cold Storage Report Highlights Divergent Trends Across the Chicken Complex

Overall cold storage of chicken in July rose 2.8% year-over-year (YOY), narrowing the gap with the 5-year average. Much of the increase was tied to thigh meat, breasts and breast meat, and wings, though each for different reasons. In contrast, whole chickens and leg quarters registered YOY declines despite month-over-month (MOM) gains.

Quotations for thigh meat, bone-in breasts, and front halves trended lower through June and July, while jumbo and medium boneless breasts slipped through June and the...

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