Beef Prices Could Rise 15% in 2023, Poultry Costs to Fall

Poultry supply is likely to see “substantial” deflation beginning in Q1 2023, while beef prices are expected to increase another 15% and remain high until 2025 according to a recent report. “We still believe … that commodity inflation is cyclical and commodity costs are cyclical. So, while we are feeling some significant inflation right now, that cycle will turn at some point.”  Read more here.