Chicken prices at U.S. grocery stores have hit record highs and should stay elevated as Tyson Foods and other companies dial back poultry production to boost margins while inflation-weary shoppers buy chicken instead of beef and pork.

Higher chicken prices should improve earnings at top producers Tyson (TSN.N) and Pilgrim’s Pride (PPC.O), but will pinch consumers’ pockets as they try to save money by turning away from higher-end proteins. One index shows chicken producer profit margins at their highest in a year.

U.S. consumption of chicken is expected to exceed 100 pounds per person this year for the first time ever, data from the U.S. Department of Agriculture shows.

Beef consumption is forecast to drop to its lowest since 2018, as prices climb due to dwindling cattle supplies. Meanwhile, consumer spending cuts have knocked pork consumption to the lowest since 2015.

Arkansas-based Tyson, which sells all three types of meat, had to deal with a glut of chicken after earning massive profits when meat prices soared during the COVID-19 pandemic.

  • 🖖USS-Ethernet@startrek.website
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    1 year ago

    Fresh plants that we’ve bought from all of our local stores do not keep, even in the fridge. Anything fresh we have found needs to be eaten within 2-3 days before it starts turning. I’m not about to go to multiple stores 2-3 times a week to get what I need, only to waste money if I don’t have the time or energy to make a fresh meal every day of the week.

    Anything plant based that’s pre-prepared and/or frozen tends to be anywhere from $6-12 per “meal”. I’m over 6’2" and 215lbs and the “meals” are more like half a meal for me.

    Unless you are ONLY eating beans or rice. Yes, from what I’ve seen, eating plant based diets is very expensive.

    I am interested in the one comment mentioning replacing chicken with tofu though. Some of the pre-made tofu meals I’ve had were pretty good. I’ve never cooked with it though. My family hasn’t really eaten beef or pork in years since all of the studies came out linking red meat to cancer. I also have a liver condition that docs recommend avoiding red meat entirely as well.

    • Rukmer@lemmy.world
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      1 year ago

      There are actually a lot of canned and frozen plants other than beans and rice. Tofu is really good (also rising in price, but still not as bad as meat), and keeps an extremely long time in the fridge. I get a bunch of no salt added canned vegetables for super cheap because I have disabilities and I cannot prepare everything from scratch, and make a really good vegetable soup full of protein from peas and beans, for really cheap. The reason I get no salt added is because then I can add bouillon and spices to make my own broth, which would be grossly salty if I also used salted canned food. Although the number of cans vary, we call it 9 Can Soup. Because that’s what it had the first time. I also use fresh potatoes if I have any on hand. One of the cans are usually tomato sauce. Sometimes I’ll add a few cans of salted veggies if I got them from a food bank, I just rinse them.

    • SharkyPants@lemmy.world
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      1 year ago

      Yeah man Tofu is a great complete protein! But is tricky to cook and if you don’t do something special with it, it will taste like nothing and feels mushy. This is why tofu gets a bad rap.

      If you are interested in cooking with tofu! Here is a killer tofu marinade I do. I am in love with this tofu and would eat it like cereal every morning if I could. This goes well with any Asian, rice or veggie dish:

      Ginger-seseme tofu:

      • Firm or extra firm tofu

      • Take the package of tofu and cut it open with a knife, it looks like you can open it with your hands but you cannot. Keep this package as a marinade binn for later

      • drain all the water from the package and squeeze the water out of the tofu by placing it between some heavy things or even with your hands, the more water out the more flavor in but try to keep the shape intact

      • Now mix together the marinade in a bowl with:

        1/4 cup soy sauce

        1/4 cup rice vinegar

        2 tablespoons lime juice

        2 tablespoons brown sugar

        1 tablespoon minced ginger

        1 tablespoon siracha

        1 tablespoon sesame oil

        2 cloves garlic minced

      • Cut up the freshly squeezed tofu into dice sized cubes and place them back into the original container

      • Add the marinade into the container with the tofu and put into a fridge, let sit anywhere from 30mins - 4 hrs

      • Finally, bake in an oven set to 425f or air fryer set to high for 30mins flipping half way.

      Protip! - freeze and thaw the package of tofu. Something about freezing tofu alters it’s structure, this allows wore water to be drained and more marinade to be absorbed, almost 2x more!

      If you try hope you enjoy!

      I know that was a lot so if you want quick foolproof tofu that solves the texture problem but relies on the flooring of what it is put with:

      • Press water out of the tofu like above

      • Cut the tofu into the same dice sized cubes or shred it into a mixing bowl with your hands

      • Toss with 1.5 tablespoons of cornstarch

      • Fry tofu in oil, flipping until golden brown

      Phew’ this was all phone typed, hope it makes sense. <3

      Edit: fix formatting

      • krathalan@lemmy.blahaj.zone
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        1 year ago

        Baked tofu is really good. I will press it and cut it into cubes, combine with potato starch, extra virgin olive oil, salt and pepper, and a pinch of MSG and bake that on parchment paper. It’s quick and easy to add some nice protein to bean and cheese burritos (rice, cabbage, salsa, lime, whatever else you have), or throw it in a store bought salad for extra calories.

        The cut raw cubes will keep in a container in the refrigerator for at least a few days so I’ll cut it all up on Monday and maybe prep a sauce or two and use the tofu and the sauce in different dishes in the week.

    • KevonLooney@lemm.ee
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      1 year ago

      I’m not about to go to multiple stores 2-3 times a week to get what I need

      That’s called “shopping”. It’s very common.

      • elfin8er@lemm.ee
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        1 year ago

        How many times a week do you go grocery shopping and how many different stores do you go to? Personally, I don’t know anyone who goes grocery shopping more than once a week, or MAYBE twice if their regular grocery store doesn’t have what they need.

        • KevonLooney@lemm.ee
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          1 year ago

          Europe would shock you to your core. There are people who go to multiple stores every day.

          • SheeEttin@lemmy.world
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            1 year ago

            I often stop at the grocery store on my way home from work.

            I’d love to be able to walk to both, but we’re not quite there yet.

      • 🖖USS-Ethernet@startrek.website
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        1 year ago

        cry more

        Cool solution to the problem.

        You’re OG comment insinuated that eating plants is cheap, yet you didn’t take into account the possibility that you either a) make more than others. b) live in a lower cost of living area than others. c) live in a great area that has many options for food diversity. d) that every store near you always has stock of everything you want and maybe other places aren’t so fortunate.

        Our area is so over populated, we have to go to like 5 grocery stores throughout the county every week to get everything we want/need.

        Maybe don’t be so close minded and consider that where you live and what you pay is available to everyone.