USA: Week 24 Broiler Market Review 2022

Average broiler prices in the US market have been on a downward trend for the fifth week in a row. Over the week, the price tag lost 0.54%, sales volumes increased by 4.1% over the week. Prices for chicken butchering are also declining. Prices for raw chicken breast fillets fell more than $9, the biggest weekly correction since October 2021, when prices fell 7% in a week. There was a 2.6% downward adjustment this week. Legs and drumsticks also fell significantly in price - by 4% per piece.

The wholesale chicken MEAT market has been growing for the better part of six months. The Wings were one of the few parts to see year-on-year declines and a generally downward price curve. Wing prices are down about 40% from last year. Boneless and skinless chicken breasts are up 65% even with weakness this week, chicken legs are up 46% and thighs are up 30%.

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BROILER COST, usa (weighted average price)

Period

Price, US cents/pound

Change, US cents/pound

Sales volume, thousand pounds

Week 24

166.16

-0.91

10604

Week 23

167.06

10183

Week 24 in 2021

107.05

+59.11

9384

Price dynamics and sales volumes of broilers

Average weighted price for broilers by region

Region

Price range, cents/pound

Weighted average price,

Change, cents

Sold (thousand pounds)

cents/pound

Eastern region

140.00-195.00

164.72

-1.30

4669

central region

139.00-173.00

160.92

-0.49

3070

Western region

147.00-196.00

174.12

-1.06

2865