High Beef Prices Push Lower-Income Shoppers Toward Poultry

Research shows poultry taking a larger share of food spending among lower-income single-person households.

chicken casserole with wild rice_By teleginatania via AdobeStock_78469182.jpg

Chicken Casserole with Wild Rice

Photo by teleginatania via Adobe Stock

COLUMBIA, Mo. (RFD News) — Higher beef prices appear to be changing meat-buying patterns among lower-income single-person households, with poultry taking a larger role in food-at-home spending, according to new research from FAPRI-MU.

The study compares spending from 2019 through 2024. Beef prices rose 38 percent during that period, compared with a 21-percent increase in core inflation. Food-at-home spending increased 58 percent to 67 percent across income groups.

Low-income single-person households spent more on poultry than higher-income groups and devoted the largest share of their food-at-home budget to poultry. Researchers say that pattern may indicate substitution away from higher-priced beef.

Beef spending still increased across all income groups. Middle- and high-income households spent more on steak, while lower-income consumers spent more on ground beef and relatively lower-priced poultry.

The findings suggest persistent beef inflation can influence how consumers allocate protein spending, especially when household budgets are tighter.

Farm-Level Takeaway: Higher beef prices may be shifting some lower-income consumers toward poultry while beef demand remains stronger among higher-income households.
Tony St. James, RFD News Markets Specialist

Tony St. James joined the RFD-TV talent team in August 2024, bringing a wealth of experience and a fresh perspective to RFD-TV and Rural Radio Channel 147 Sirius XM. In addition to his role as Market Specialist (collaborating with Scott “The Cow Guy” Shellady to provide radio and TV audiences with the latest updates on ag commodity markets), he hosts “Rural America Live” and serves as talent for trade shows.

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