Record chicken prices squeeze US shoppers, benefit Tyson Foods - eviltoast

Chicken prices at U.S. grocery stores have hit record highs and should stay elevated as Tyson Foods and other companies dial back poultry production to boost margins while inflation-weary shoppers buy chicken instead of beef and pork.

Higher chicken prices should improve earnings at top producers Tyson (TSN.N) and Pilgrim’s Pride (PPC.O), but will pinch consumers’ pockets as they try to save money by turning away from higher-end proteins. One index shows chicken producer profit margins at their highest in a year.

U.S. consumption of chicken is expected to exceed 100 pounds per person this year for the first time ever, data from the U.S. Department of Agriculture shows.

Beef consumption is forecast to drop to its lowest since 2018, as prices climb due to dwindling cattle supplies. Meanwhile, consumer spending cuts have knocked pork consumption to the lowest since 2015.

Arkansas-based Tyson, which sells all three types of meat, had to deal with a glut of chicken after earning massive profits when meat prices soared during the COVID-19 pandemic.

  • SharkyPants@lemmy.world
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    1 year ago

    Yeah man Tofu is a great complete protein! But is tricky to cook and if you don’t do something special with it, it will taste like nothing and feels mushy. This is why tofu gets a bad rap.

    If you are interested in cooking with tofu! Here is a killer tofu marinade I do. I am in love with this tofu and would eat it like cereal every morning if I could. This goes well with any Asian, rice or veggie dish:

    Ginger-seseme tofu:

    • Firm or extra firm tofu

    • Take the package of tofu and cut it open with a knife, it looks like you can open it with your hands but you cannot. Keep this package as a marinade binn for later

    • drain all the water from the package and squeeze the water out of the tofu by placing it between some heavy things or even with your hands, the more water out the more flavor in but try to keep the shape intact

    • Now mix together the marinade in a bowl with:

      1/4 cup soy sauce

      1/4 cup rice vinegar

      2 tablespoons lime juice

      2 tablespoons brown sugar

      1 tablespoon minced ginger

      1 tablespoon siracha

      1 tablespoon sesame oil

      2 cloves garlic minced

    • Cut up the freshly squeezed tofu into dice sized cubes and place them back into the original container

    • Add the marinade into the container with the tofu and put into a fridge, let sit anywhere from 30mins - 4 hrs

    • Finally, bake in an oven set to 425f or air fryer set to high for 30mins flipping half way.

    Protip! - freeze and thaw the package of tofu. Something about freezing tofu alters it’s structure, this allows wore water to be drained and more marinade to be absorbed, almost 2x more!

    If you try hope you enjoy!

    I know that was a lot so if you want quick foolproof tofu that solves the texture problem but relies on the flooring of what it is put with:

    • Press water out of the tofu like above

    • Cut the tofu into the same dice sized cubes or shred it into a mixing bowl with your hands

    • Toss with 1.5 tablespoons of cornstarch

    • Fry tofu in oil, flipping until golden brown

    Phew’ this was all phone typed, hope it makes sense. <3

    Edit: fix formatting

    • krathalan@lemmy.blahaj.zone
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      1 year ago

      Baked tofu is really good. I will press it and cut it into cubes, combine with potato starch, extra virgin olive oil, salt and pepper, and a pinch of MSG and bake that on parchment paper. It’s quick and easy to add some nice protein to bean and cheese burritos (rice, cabbage, salsa, lime, whatever else you have), or throw it in a store bought salad for extra calories.

      The cut raw cubes will keep in a container in the refrigerator for at least a few days so I’ll cut it all up on Monday and maybe prep a sauce or two and use the tofu and the sauce in different dishes in the week.