Chicken output for the week ending February 20^th declined .5% but was 8.6% larger than the same week last year. Solid chicken production expansion versus 2015 is weighing on most of the chicken markets. The ARA Chicken Wing Index has fallen over $.10 a pound during the last week. Further, the ARA Boneless Skinless Chicken Breast Index has declined to its least expensive level since the fall of 2006. Chicken breast prices at these historic lows make it very difficult for chicken producers to achieve a sustainable margin. Thus, if the inexpensive chicken breast prices persist, it is very likely that chicken output will be slowed in the not-so-distant future. And that would be supportive of the entire chicken market complex.

Product Description	Market Trend	Supplies	Price vs. Last Year
Whole Birds 2.5-3 lb-GA)	Steady	Good	Same
Wings (whole)	Decreasing	Good	Lower
Wings (jumbo, cut)	Decreasing	Good	Higher
Wing Index (ARA)	Decreasing	Good	Lower
Breast, Bone In	Decreasing	Good	Lower
Breast, Boneless Skinless	Decreasing	Good	Lower
Breast Boneless Index (ARA)	Decreasing	Good	Lower
Tenderloin (random)	Decreasing	Good	Lower
Tenderloin (sized)	Steady	Good	Lower
Legs (whole)	Decreasing	Good	Lower
Legs Quarters	Decreasing	Good	Lower
Leg Quarters Index (ARA)	Decreasing	Good	Lower
Thighs, Bone In	Increasing	Good	Lower
Thighs, Boneless	Increasing	Good	Lower

 

Product Description	Market Trend	Supplies	Price vs. Last Year
Large (dozen)	Steady	Short	Lower
Medium (dozen)	Steady	Short	Lower
Whole Eggs-Liquid	Decreasing	Short	Higher
Egg Whites-Liquid	Increasing	Short	Higher
Egg Yolks-Liquid	Decreasing	Short	Higher

 

	Product Description	Market Trend	Supplies	Price vs. Last Year
Whole Turkeys (8-16 lb)		Increasing	Short	Higher
Turkey Breast Bnls/Sknls		Decreasing	Short	Higher

 

Market Report provided by:

American Restaurant Association ∙ www.americanrestaurantassociation.com
PO Box 51482, Sarasota, FL 34232 ∙ 941-379-2228