America is running low on chicken. Blame high demand and labor shortages

by Tyler Durden

Presently, Americans are accustomed to living in a third world country where supply chain disruptions have driven up the prices of some foods or even caused shortages. Another company appears to complain every week about rising raw material prices or shortages. So far, consumers have yet to criticize them, but the upcoming nationwide shortage can do just that.

Bloomberg Reports indicate the potential for massive chicken shortages as fast food chains have already reported chicken shortages. KFC says it is struggling to keep up with increasing demand as supplies shrink. At 750 Bojangles locations, the series suffers from “System-wide shortage” of chickens.

The most popular meat in the United States was broiler chicken, with a per capita share of about 96.4 pounds in 2020. So any shortage or rise in prices would easily bother tens of millions of Americans.

Coronavirus has increased the demand for chickens. McDonald’s Corp and Yum! Brands Inc. This week the fried chicken products were selling like hot cakes. There is no direct evidence of why chicken is in high demand in fast food stores – but one can assume that with millions of Americans remaining unemployed and barely able to afford to eat, they are turning to the courage with stimulus checks on cheap junk food joints.

“Demand for the new sandwich was very strong,” Yum CEO David Gibbs told investors Wednesday. “Besides the general tightening in the supply of local chicken, our main challenge was to keep up with that demand.”

McDonald’s said this week that its new chicken sandwich line “far exceeds expectations”.

Bloomberg notes that poultry companies are struggling to keep up with demand from fast food chains. According to Pilgrim’s Pride Corp, the second largest producer of poultry in the United States, they cannot expand capacity due to labor shortages.

Under Biden, millions of people They get paid more for sitting on the couch And play Xbox or trade cryptocurrencies instead of actually finding a job. This is already having major implications for the labor market recovery and the economic recovery as a whole.

Free PDF: 10 Best Books for Surviving Food Shortages and Famine

Wingstop Inc. President Charles Morrison warned

“Suppliers, like many in our industry, are struggling to hire people to process chickens, which puts an unexpected pressure on the number of birds that can be processed and negatively impacts the supply of all parts of the chicken in the United States, not just the wings.”

America is running out of chicken, and there appears to be a huge shortage of liquor.

The Google search term “chicken shortage” has spread to new levels as people across the country search for why there are no chicken in their favorite fast food stores.

So maybe, just maybe, a combination of massive demand and labor shortages in poultry houses creates a massive chicken shortage that could scare millions of people off.

People on Twitter are not happy with a shortage.

Is it time to panic about hoarding chickens?

Source: Zero hedge

picture: Pixabay

What do you think?

Written by Joseph

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