Are chicken prices falling?
Chicken prices are finally falling.
Analysts say the cost of chicken remained higher than usual even after other meat products became less expensive over the past few months.
According to the Bureau of Labor Statistics, chicken prices were up nearly 15% this October compared to the 12-months before.
Strong demand and supply issues were among the factors causing problems for the industry. However due to some adjustments and supply-and-demand in better shape, wholesale prices have been dropping and will eventually trickle down to consumers.