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ANALYSIS: Boneless Chicken Breast Values Experience Seasonal Shudder
For those on the chicken side of the business, all eyes are on the breast meat complex given the recent, and somewhat abrupt, shift in marketing dynamics. For perspective, between the year’s outset and May 20th, jumbo boneless breast quotations have advanced 66%. This has positioned values at the fourth-highest seasonal level realized in the past decade. At $1.95/lb. delivered, this year’s seasonal peak currently stands about $0.19/lb above the 10-year average for the period.
Players attribute 2024’s admirable breast meat performance to active...
BurgerFi Relaunches The Chicken Wars
Hold onto your beaks! BurgerFi® is "winging it" big time by rebranding as ChickenFi and diving into the Chicken Wars! The name change ruffles feathers and celebrates the debut of the new Fried and Grilled Chicken Sandwiches and this antibiotic-free chicken is available every day including Sundays. Yes, that is right, Sundays! Bring your appetite and savor these new chicken offerings starting on May 21, 2024.
"Chicken presents a significant opportunity for business growth. We've expanded our chicken offerings by 50%, broadening our menu...
The Retail Rundown: Maximizing May’s Buying Occasions
The grocery sector is maximizing several buying occasions this month as the change in weather and outdoor grilling season breathes new life into the meat case.
May brings about a seasonal shift as daily life bustles with spring activities like sports and outings—boosting the supermarket's convenience and snack food sections. Busy families will also frequent the deli counter more often and turn to quick dinners and frozen options for weekday meals.
Retailers are currently highlighting holiday items for Cinco de Mayo this Sunday. The upcoming holiday, which commemorates the anniversary of Mexico’s...
ANALYSIS: Raw Material Costs in the QSR Sector - Beef Versus Chicken
Fast food restaurants have garnered a lot of attention in recent months due to increasing menu prices. We thought it would be worthwhile to examine the costs for different ingredients used by the sector, particularly focusing on raw protein materials required for staple menu items.
For this analysis, we concentrate on hamburger formulations using a 75% lean point. Cost ratio values below one indicate that a hamburger made exclusively from domestic boneless beef provides greater economic value, while values above one suggest that alternative options...
ANALYSIS: The Widening Price Spread Between Boneless Chicken Breasts and Tenders
Given the volatile, and generally bullish-leaning market dynamics within the chicken complex recently, buyers and sellers certainly have a lot to consider as we usher in the springtime months. In addition to widespread supply constrictions, light live weights, and the ongoing threat of multiple diseases, the ever-shifting price relationship between various items on the sheet has introduced some additional room for speculation. Perhaps one of the more obvious examples of the changing market landscape is the relatively narrow, albeit expanding, delta between jumbo boneless breast and tender...
Roy Rogers Unveils Savory Wild Dill Chicken Sandwich and Pickle Fries; Brings Back Mint Chip Shake
Roy Rogers® Restaurants, the iconic western-themed quick-service restaurant chain, is thrilled to announce the launch of two brand new menu items – the Wild Dill Sandwich and Pickle Fries, complemented by the return of the Mint Chocolate Chip Shake and Ice Cream. These mouthwatering options will be available for Roy Rogers loyalty customers to order online, or via Roy's Rewards App starting March 12, and in participating locations beginning March 14.
The Wild Dill Sandwich features a hand-battered and breaded...
Wayne Farms, LLC, Recalls Ready-to-Eat Chicken Breast Products That May Be Undercooked
Wayne Farms, LLC, a Decatur, Ala. establishment, is recalling approximately 1,377 pounds of ready-to-eat (RTE) chicken breast products that may be undercooked, the U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) announced today.
The RTE chicken breast items were produced on October 16, 2023. The following product is subject to recall [view labels]:
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