Page 10 - Charles Morrison News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Isaac Olvera, lead food and agricultural economist at ArrowStream THE ANSWER While yes, chicken production has been down to start 2021, chicken producers point to increased production over the last several weeks as evidence that calling it a “shortage” is an exaggeration and that supply can eventually catch up to demand. WHAT WE FOUND Quarterly earnings calls from Yum Brands, owners of Kentucky Fried Chicken, and Wingstop first raised the alarms when their CEOs claimed they were running into issues keeping up with demand. “As we've entered Q2, demand for the new sandwich has been so str...

May 3, 2021 Another problem created by quarantines. A meat-processing slowdown caused by extra COVID safety measures combined with a surge in demand for the new chicken sandwiches war have led to a nationwide shortage. As David Gibbs, CEO of Yum Brands said on a call with KFC investors “Demand for the new sandwich has been so strong that, coupled with general tightening in domestic chicken supply, there just isn't enough chicken for all the restaurants". Last week Bojangles tweeted “we’re experiencing a system-wide shortage :( But they will be back soon!” The real shortage however is...

Crispy chicken is causing a shortage of poultry in the U.S. Business and Economic News From crispy chicken sandwiches to tenders and wings, the U.S.’s hunger for fried chicken is a growing shortage of poultry. The popularity of chicken – sandwiches and tenders, nuggets and wings – is driving demand for fried poultry as America has begun to fall short. KFC says it is making efforts to keep up with the high demand for its new sandwich, while the North Carolina-based chicken and biscuit chain Bojangles announced a suspension of tenders at its 750 locations. “It simply came to our notice ...

It seems the poultry paucity has arrived, heralded by a series of fast-food executives describing in earnings calls their stores' struggles to stock enough chicken - nuggets, tenders, wings, patties, all shapes and sizes - to keep pace with legions of peckish Americans. "Demand for the new sandwich has been so strong that, coupled with general tightening in domestic chicken supply, our main challenge has been keeping up with that demand," said David Gibbs, CEO of Yum Brands, whose KFC restaurants recently rolled out a new fried-chicken sandwich. Charles Morrison, chairman and CEO of Wingst...

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