Weekly global protein digest: pricey chicken, Biden goes after meatpackers, Prop 12

 

by Jim Wyckoff, The Poultry Site

7 January 2022

 

Market analyst Jim Wyckoff shares highlights from this week's activities in the global protein market.

 

Pricey chicken puts thighs on restaurant menus

 

Winston Churchill once mused about “the absurdity of growing a whole chicken to eat the breast or wing.” Now, short supplies and escalating costs of chicken breasts and wings are leading restaurants to add thighs and other dark poultry meat to menus and entrees, the Wall Street Journal reports. Poultry producer Perdue Farms Inc. has seen a 15% increase in boneless thigh sales in 2021 and a 20% increase in ground chicken, which is made of mostly dark meat, the company said. Products like thighs have two advantages for restaurants struggling with the high cost and tight supplies of breasts and tenders: they are cheaper and easier to get, industry officials said. “Chicken thighs are all about flavor,” said Nick Kenner, Just Salad’s chief executive. He said more customers are now choosing the product rather than the New York City-based chain’s chicken breast offerings.

 

JBS investigation urged by U.S., European lawmakers

 

US Senate Foreign Relations Committee Chairman Bob Menendez, U.K. House of Commons MP Ian Liddell-Grainger and European Parliament Committee on Agriculture and Rural Development Chair Norbert Lins called for a coordinated investigation into Brazilian-owned company JBS, its parent company J&F Investimentos and subsidiaries in Europe and the United States. “We also encourage our governments to scrutinize JBS’ antitrust and anticompetitive practices and assess whether the company’s abuses could permanently damage food supply chains,” the lawmakers said in a statement.

 

Biden to fight meatpackers on inflation ...

 

US wants tighter labelling standards for Product of USA meat products ...

 

Biden, Vilsack meet with independent producers on concentration in US meat industry ...

 

California law on animal cruelty to impact US pork industry  ...

 

China’s sow herd up 4.7% from last year ...

 

USDA issues ‘public health alert’ for undetermined quantity of foods from China ...

 

USMCA panel sides with US in dispute with Canada over dairy ...

 

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https://www.thepoultrysite.com/articles/weekly-global-protein-digest-1-5-22