Supermarket Perimeter - January 2022 - 14

US beef cow numbers are expected to
fall 1.8% YOY to a Jan.1, 2022, inventory
of 30.6 million head. US poultry supply
is set to increase, supporting a 2.4%
YOY growth in production for 2022.
(Rabobank)
Based on the most recent USDA data, it seems some of these
strategies are paying off. A 9% year over year price increase for
chicken is barely outpacing inflation and that's despite the fact that
chicken's main input costs like corn, soybeans, gasoline, packaging and
transportation are all up double and triple digits.
" This is all on top of the tight labor supply, truck driver shortages,
US steer prices are 25% above 2020 and
8% higher than the five-year average
(Rabobank)
backlogs at our ports, shipping delays, and government policies that
are exacerbating inflation, " Super said. " Despite having to continually
overcome these unprecedented obstacles and challenges, chicken
producers proved their remarkable resiliency by producing a record
quantity in 2021 and are slated to increase output even more in 2022,
according to USDA. The accomplishment of positive production is
remarkable, especially when viewed against the production disruptions
in other food categories, and many other industries in the US and
around the world. "
While it hasn't been easy, ever since the start of the pandemic,
the industry has pulled together to deliver meat to America's tables,
Roerink said.
" It's been incredible to watch how the meat industry has worked
through crisis after crisis and somehow has kept the supply flowing.
Between the ports, trucking, labor, packaging shortages, Co2 shortages,
feed prices and of course COVID and much more, buyers are often
chasing ghosts trying to source enough products, and at times
headquarter personnel are rolling up their sleeves working the stores
where needed. "
Industry members have ramped up their communications efforts
The value of US beef exports topped
$8.53 billion in just the first 10
months of 2021, breaking 2018's
total for the year of $8.33 billion
(US Meat Export Federation)
alerting consumers to possible out of stocks and offering alternate
suggestions. Retailers have reshuffled their cases to fill holes left by outof-stocks
and are backfilling with items they were able to source.
" I would say flexibility has been a key word ever since March of
2020, " Roerink said. " Industry partners throughout the supply chain are
working together to see what's possible during times of unprecedented
allocations and low fill rates. "
14 - JANUARY 2022
supermarketperimeter.com
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Supermarket Perimeter - January 2022

Table of Contents for the Digital Edition of Supermarket Perimeter - January 2022

Supermarket Perimeter - January 2022 - Intro
Supermarket Perimeter - January 2022 - kevins1
Supermarket Perimeter - January 2022 - kevins2
Supermarket Perimeter - January 2022 - 1
Supermarket Perimeter - January 2022 - 2
Supermarket Perimeter - January 2022 - 3
Supermarket Perimeter - January 2022 - 4
Supermarket Perimeter - January 2022 - 5
Supermarket Perimeter - January 2022 - 6
Supermarket Perimeter - January 2022 - 7
Supermarket Perimeter - January 2022 - 8
Supermarket Perimeter - January 2022 - 9
Supermarket Perimeter - January 2022 - 10
Supermarket Perimeter - January 2022 - 11
Supermarket Perimeter - January 2022 - 12
Supermarket Perimeter - January 2022 - 13
Supermarket Perimeter - January 2022 - 14
Supermarket Perimeter - January 2022 - 15
Supermarket Perimeter - January 2022 - 16
Supermarket Perimeter - January 2022 - 17
Supermarket Perimeter - January 2022 - 18
Supermarket Perimeter - January 2022 - 19
Supermarket Perimeter - January 2022 - 20
Supermarket Perimeter - January 2022 - 21
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Supermarket Perimeter - January 2022 - 29
Supermarket Perimeter - January 2022 - 30
Supermarket Perimeter - January 2022 - 31
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Supermarket Perimeter - January 2022 - 33
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