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Expana Expands Poultry Coverage with New Thigh and Jumbo Tender Forecasts
Expana has announced the launch of two new forecast products on its platform: US Chicken Thigh Meat and Chicken Jumbo Breast Tenders. These additions respond directly to growing client demand and further broaden Expana’s extensive coverage of the chicken market, featuring over 50 forecast price series for poultry including wings, breasts, and trim meat.
“These two new commodities within the poultry segment are of significant importance,” said Kevin Bull, Senior Forecast Analyst at Expana.
“Their introduction offers greater coverage of the market..."
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...
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