Economic Trends Ride to Some QSR Chains’ Rescue

Insights

Datum FS maintains an index that takes into account commodity prices, freight rates and the ISM’s measure for on-time deliveries. In May it reached its lowest level since well before the pandemic began. A very sharp drop in trucking costs and a collapse in many food commodity prices played a large role. Avocados, for example, are 54% cheaper than a year ago and eggs 43% cheaper. The biggest move by far has been a 59% drop in chicken-breast prices. The one painful exception is beef. Read what’s happening here.

Author: The Wall Street Journal