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Analysis-Record chicken prices squeeze US shoppers, benefit Tyson Foods

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 and Pilgrim’s Pride , 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.

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Time To Build An Ark: Sheltering Our Flock From Adverse Weather Conditions!

Video: Time To Build An Ark: Sheltering Our Flock From Adverse Weather Conditions!

Relentless spring rains are drenching our sheep farm! Despite the downpour, our sheep are fortunate to have a cozy and dry shelter in our barns. Our barns are equipped with curtains on all sides, allowing us to adjust the amount of natural light and fresh air that enters. Whether it's opening them wide to create an outdoor-like environment or shutting them tight to keep the sheep snug and content, our barns provide the perfect refuge from the harsh weather conditions outside.

While we appreciate the nourishing rain that will eventually result in lush pastures and abundant hay during the summer, we are grateful that our sheep are not exposed to the elements and remain healthy. Join us as we lay fresh bedding in every barn, ensuring our sheep's comfort and well-being. Witness the joy of our lambs frolicking in the straw, a true testament to their happiness.

Despite our usual practice of avoiding shipping sheep during adverse weather, today we had to transport a few breeding ewes and a ram to a customer with an inflexible schedule. Discover the breeding stock chosen by the customer and witness how we carefully load them for transport.

Rain or shine, the work on a sheep farm never stops. However, having a sheltered space makes these challenging days a little more bearable. Join us on our vlog as we navigate through the rainy season, providing the best care for our flock. Welcome to Ewetopia Farms, where we document our daily sheep farming activities on our vlog. Subscribe now to stay updated on our sheep farming journey!