Find the latest episode of "This Is Uncomfortable" here. Listen

Chicken: The relatively cheaper meat

Blake Farmer May 5, 2014
HTML EMBED:
COPY

Chicken: The relatively cheaper meat

Blake Farmer May 5, 2014
HTML EMBED:
COPY

It’s a good time to be in the chicken business. Tyson Foods reports quarterly earnings Monday morning in a heady time for poultry.

“The chicken guys have never had it so good,” says meat industry analyst Len Steiner. “The margins for somebody that’s raising chickens, buying grain basically and selling chicken meat is very, very good, the best it’s ever been in history, ever, going back to the beginning of time.”

The boost for chicken has come from the rising price of beef and pork, which are at a historic highs. The cost has driven restaurants ranging from burger chains to barbecue joints to make chicken the special of the day.

Barry Pelts, who co-owns Corky’s BBQ based in Memphis, says he hardly breaks even when he sells his signature pork ribs.

“But I will tell you right now that everybody who walks into that restaurant and orders a barbeque chicken dinner, I’m tickled to death,” he says.

Marketplace is on a mission.

We believe Main Street matters as much as Wall Street, economic news is made relevant and real through human stories, and a touch of humor helps enliven topics you might typically find…well, dull.

Through the signature style that only Marketplace can deliver, we’re on a mission to raise the economic intelligence of the country—but we don’t do it alone. We count on listeners and readers like you to keep this public service free and accessible to all. Will you become a partner in our mission today?

Your donation is critical to the future of public service journalism. Support our work today – for as little as $5 – and help us keep making people smarter.