A wing shortage, just in time for Wing Bowl
Prices are up.
A wing shortage, just in time for Wing Bowl
Michael Klein, Philly.com
Supply ... demand.
Fewer chickens walking around without wings... Fewer wings slathered in butter and Buffalo sauce.
This lesson in economics comes courtesy of the National Chicken Council, which told MSN that a 1 percent drop in production means wings have hit a record high price - wholesaling for $2.11 a pound, 26 cents more than a year ago.
The council also says Americans will eat 12.3 million fewer chicken wings this Super Bowl Sunday than they did last year, because there are fewer of them. To put that into perspective, MSN reported, if 1.23 billion wing segments were laid end to end, they would stretch from Candlestick Park in San Francisco to M&T Bank Stadium in Baltimore 27 times.
Closer to home, P.J. Whelihan's Jim Fris - who supplies the wings that will be eaten in Wing Bowl - says his own prices are up 20 percent compared with last year. He has raised menu prices 5 percent, he said. Fris suspects that poultry companies have cut back production to drive up prices.
The MSN report is here.
Now this is news!— SPENDSPEND- Price controls cause shortages; remember shortages such as; beef, gas, coffee,toilet paper and now projecting that bacon (ouch) will be in demand.— STEPHEN1988
- "This lesson in economics comes courtesy of the National Chicken Council, which told MSN that a 1 percent drop in production means wings have hit a record high price - wholesaling for $2.11 a pound, 26 cents more than a year ago."
so, production drops 1%, and prices increases 26 cents from 1.85 to 2.11
which is a 14% increase in price.
nice leverage.— ekw555 - Typical philly can't even get a picture of good wings. Where is the sauce?
- What is particularly upsetting is the large number of chickens running around without wings.— Palestra Jon
- Shameful waste of food.— EmanuelP
- Those wings look a lot better than the ones my kids order. Though there's nothing like the old 3rd degree wings from the Surf Club; the cooks couldn't get within 5 feet from the fryer without their eyes watering.— meteo30
- White Trash bowl— Jay Grace 69
- I'd like to get a consensus from all the bloggers about who has the best wings. I like Dominoes wings, Pizza Hut is ok. Hooters are ok too. The Freshworks has good sauce. Who else?— Niko
- Humans need to learn to eat the whole animal not just the wings - THAT is the root problem here.....as for the wing bowl - white trash bowl is correct!!— PhillyExcitement
- that event is embarrassing to Philadelphia— beefbre
- The Tonner went to Wing Bowl once. The Tonner had more fun at the nudie bar afterwards. In hindsight, the Tonner should have just cut out the middle-man and went straight to washy washy.— hunglikeaton
- Why don't they just make chickens with more than 2 wings? Put some octopus DNA in a chicken, and you'll get a chicken with 8 wings.— pic man
WingAgeddon is here !- @ewk555, 1% decrease in production doesn't mean it would equate to 1% increase in price. The supply and demand curves are not exactly mirrored. Decrease in production shifts the entire supply curve. Simple micro econ 101.— penncrow19
