Big Take Beak Capitalism: What Chicken Tells Us About Inflation
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Nov 28, 2024 
Glenn Hickman, President of Hickman's Egg Ranch, shares insider knowledge on the chicken industry, shedding light on the avian flu's impact on egg prices and supply chains. The discussion takes an intriguing turn, exploring the wild chicken sandwich wars, which changed consumer tastes and sparked fierce competition. Hickman dives into the inflationary pressures hitting both eggs and wings, highlighting how external factors shape pricing strategies and consumer behavior in today's unpredictable market.
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The Chicken Sandwich Wars
- The 2019 "chicken sandwich wars" saw intense competition between fast-food chains.
- This led to long lines, fights, and even a lawsuit over the Popeye's chicken sandwich.
Chicken's Reign
- The "chicken sandwich wars" highlighted chicken's growing popularity.
- American chicken consumption continues to rise, even with increasing poultry prices.
Chickenomics
- Chicken consumption is increasing despite rising prices.
- The average American consumes over 100 pounds of chicken annually.