Hosting a big game is probably going to be cheaper this year, at least if you plan on serving chicken wings — and is a Super Bowl party really a Super Bowl party without wings?
Fresh chicken wings cost about $2.62 a pound in supermarkets, down from $2.98 a year ago, according to the US Department of Agriculture’s Weekly Price Report. Inflation-weary shoppers are definitely delaying price easing after more than a year of grocery sticker shock.
Wing prices are down as poultry producers ramp up chicken supplies to their highest levels since early 2019, said Michael Swanson, chief agricultural economist at Wells Fargo.
This may come as a surprise, given that the bird flu outbreak has caused egg prices to skyrocket, but the chickens we eat are as sick as those that lay eggs due to different farming styles. It is difficult to get
Wing prices are likely to rise over the next 10 days as demand picks up before the game, but Swanson said the current wing prices are about 10% higher than last year’s Super Bowl week prices. 22% lower.
- The National Chicken Council predicts that Americans will eat 84 million more chicken wings this Super Bowl weekend than last year, bringing the total to 1.45 billion.
- “Two main reasons are more favorable prices and more people, whether at home or in bars/restaurants, are returning to normal and flocking for the big games,” said Tom Super, a spokesman for the council. says.
- Beyond chicken wings, party hosts are likely to save avocados for guacamole, Swanson said, noting prices were down 20% from last year thanks to a good harvest. Sirloin steak prices have also fallen from $11.06 to $10.17 per pound over the past year, he adds.
on the other hand
This year’s Super Bowl party isn’t going to cost less. Beer prices have risen 11% in the past year, according to Wells Fargo, and burgers are also “slightly” more expensive.
Overall, food prices rose 11.8% over the past year, according to the latest Consumer Price Index report’s ‘household food’ index.
Grocery prices skyrocketed last year, adding to the stress of trying to put on the perfect Super Bowl party, but if you’re serving chicken wings and smelt, your costs could be lower this year. .
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