This Week in Retail: Wing Prices Take Flight Ahead of Super Bowl
Seafood feature volume advanced to 28% this week, taking the top spot across proteins in retail buying opportunities. Beef closely follows with 27%, while pork and chicken features claim 18% and 10%, respectively, of ad space. Egg features climbed to 13%, up from 7% the week prior.
At the seafood counter, catfish, cod, and tilapia fillets average $6.55 per pound, nearly 13% above year-ago levels. Cooked shrimp features are roughly 90 cents higher than a year ago, averaging $8.49 per pound. Raw shrimp is featured at $7.57 on average for various counts, down 8.4% from this time last year.
In the retail beef complex, 80% lean ground beef averages $3.49 per pound, up 7% from a year ago but lower than both boneless skinless chicken breasts and chicken tenders. The steak and roast complexes continue to maintain hefty premiums to year-ago levels. Steaks average $8.47 per pound, up from $7.19 per pound in 2021. Roasts are featured at $6.06 per pound on average, a nearly 34% YoY increase...Full Story »