Two companies produce most of the chicken meat in Australia, and have been in a price war recently. That's why chicken breasts and thigh fillets are currently available for less than $8 a kilo. They "should" be up around $11 a kilo which is where they were up till about a year ago.
However with the continuing USA drought, grain prices are soaring again and the chicken guys reckon that two things will happen over the next year if the drought doesn't break:
1. prices will fairly quickly revert to "market" at around $11 starting this week.
2. prices will then rise, possibly by as much as 40% over the next year to around $15 - $16 a kilo.
However there is a glut of red meat at the moment so many consumers will switch to beef. (I currently buy whole Black Angus Grass fed rumps from my butcher for $12 a kilo for example)
Time to fill the chest freezer. Who needs all those silly kegs in there anyway <_<
However with the continuing USA drought, grain prices are soaring again and the chicken guys reckon that two things will happen over the next year if the drought doesn't break:
1. prices will fairly quickly revert to "market" at around $11 starting this week.
2. prices will then rise, possibly by as much as 40% over the next year to around $15 - $16 a kilo.
However there is a glut of red meat at the moment so many consumers will switch to beef. (I currently buy whole Black Angus Grass fed rumps from my butcher for $12 a kilo for example)
Time to fill the chest freezer. Who needs all those silly kegs in there anyway <_<