Chicken Wings Are the New Inflation Hedge

News

Chicken prices aren’t likely to remain depressed for long. Wholesale chicken prices are rising as demand ticks up and supplies thin. The amount of chicken kept in cold-storage warehouses as of March 31 was down nearly 11% from the prior year. Boneless, skinless chicken breast prices are up about 30% over the past 12 months, while wings prices have more than doubled. Read more here.

Author: The Wall Street Journal