Tuesday, January 01, 2013
Better find a new SuperBowl treat
Because the price of chicken wings has risen dramatically and promises to keep on rising.
Feeding guests at your Super Bowl party could get a little expensive this year.What a strange fate for a food that, until Momma dowsed some with hot sauce to get rid of a bunch of college kids, was considered fit only for soup stock, poor and coloreds.
Why? The price of Buffalo wings has spiked 52 percent in the past year, and analysts expect that to continue. “The wings are really causing some issues,” says Bruce Reinstein, vice president of strategic development and sourcing for Consolidating Concepts, based in Boston. The firm works with over 15,000 of small to mid-size food service chains to help them plan out their food supply purchases.
“Wings are the new popular quick service food,” Mr. Reinstein says, as the fast casual landscape becomes more sports-bar oriented and demands a larger amount of wings. Plus, fast food giant McDonald’s tested bone-in chicken wings in a few Atlanta locations over the summer. If a national rollout follows “they have so much buying power they will distort the market.”
Another problem: Poultry farms are producing larger and larger chickens, making the smaller wings and legs used for Buffalo wings few and far between.
Subscribe to Post Comments [Atom]
Links to this post:
Subscribe to Posts [Atom]