Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Chicken Wing Spot Prices Collapse 30% As NFL Protests Take Their Toll
Truth In Our Time ^ | 12-14-2017

Posted on 12/14/2017 8:00:58 PM PST by blam

Back in November, shortly after Trump ignited a war with the NFL over player protests of the National Anthem, Papa John's insisted that their sales were getting crushed by a backlash from fans who decided to boycott games (we covered it here: Papa John's Pulls NFL Ads Due To "Negative Consumer Sentiment"). That said, the complaint from Papa John's was seemingly discredited as a convenient excuse for poor earnings the very next day when Pizza Hut said they had seen no impact from the NFL protests. Of course, with all of the noise of seasonality, weather and random accounting games played by CFO's, it's almost impossible to know if, or by how much, declining NFL viewership actually impacted Papa John's earnings...any conclusions would be ambiguous at best. That said, what doesn't seem to be all that ambiguous, and probably should lend some credence to the original claims from Papa John's, is the startling collapse in chicken wings prices that coincided perfectly with Trump's first NFL protest tweets back in September. According to the Bloomberg data below, wing prices started dropping almost immediately after Trump's first tweets and have fallen a staggering 30% since.

Meanwhile, the collapse in wing prices was at least partially blamed for the abysmal earnings posted by one of the largest poultry producers, Sanderson Farms, earlier this this morning. Asked for their profit outlook for 2018, SAFM management, whose stock tumbled 12% on the day, seemed to be somewhat optimistic aside from crushing traffic declines at wing restaurants which they said are being attributed to the NFL protests.

(snip)

(Excerpt) Read more at truthinourtime.com ...


TOPICS: News/Current Events
KEYWORDS: boycott; chickenwings; espn; nfl
Navigation: use the links below to view more comments.
first previous 1-2021-4041-52 next last
To: BwanaNdege

ESPN and the NFL . . . Who is still watching? They have been laughing themselves silly all the way to the bank over the years. Hopefully men and women are spending more time actually engaging in conversation, etc. with their kids and grandkids. You can learn a lot about what’s going on in a child’s life over a game of CHECKERS.


21 posted on 12/14/2017 8:47:01 PM PST by Maudeen (http://www.thereishopeinJesus.com/)
[ Post Reply | Private Reply | To 17 | View Replies]

To: snarkytart

They aren’t much at sports expertise, either.


22 posted on 12/14/2017 9:36:51 PM PST by FredZarguna (And what Rough Beast, its hour come round at last, slouches toward 5th Avenue, to be born?)
[ Post Reply | Private Reply | To 2 | View Replies]

To: blam

You can bet the bookies are feeling it bigtime.


23 posted on 12/14/2017 9:57:53 PM PST by bray (Pray for President Trump)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Diana in Wisconsin

“Find a TINY scrap of meat and make it a go-to food for sports gatherings? Brilliant, actually. ;)”

Ha ha! Well said.


24 posted on 12/14/2017 9:57:54 PM PST by bluejean (The lunatics are running the asylum)
[ Post Reply | Private Reply | To 16 | View Replies]

To: Diana in Wisconsin
b. Wings? I’ve NEVER understood the obsession. Drummies? Maybe. But seriously, BOTH are the dumbest snacks to ever be foisted upon us. Ever.

Marketing 101. Take a cut of chicken that is only useful for making stock, cook it with a coating of vinegar based hot sauce, find a catchy name.....profit.

Wings and thighs are great for making chicken stock along with a stripped carcass. Lots of collagen, fat, and marrow getting released. When you refrigerate your chicken stock and it gelatinizes it's good stuff according to the chef in my cooking classes.
25 posted on 12/14/2017 10:19:44 PM PST by Tailback
[ Post Reply | Private Reply | To 16 | View Replies]

To: Diana in Wisconsin

They can’t just grow parts of chickens yet, so they have to find something to do with all of the parts. (The dark meat and feet go to China).


26 posted on 12/14/2017 10:20:21 PM PST by Vince Ferrer
[ Post Reply | Private Reply | To 16 | View Replies]

To: blam

The fact that almost all NFL games take place on Sunday makes it very easy to boycott. Just find something else to do on Sunday, and soon, you won’t miss it at all. Plenty of other sports on TV. Plus, Sunday is a day off for most people anyway, so they can always find some other fun activity.

It would be much harder for a baseball or basketball fan to boycott MLB or the NBA. The beauty of those leagues, from a fan’s perspective, is the ability to watch a game on TV practically every night. That’s a lot harder to give up, especially when you just want to relax for a few hours after working all day, before going to bed and having to get up for work again the next morning.

The NFL isn’t playing with matches, it’s playing with dynamite.


27 posted on 12/14/2017 10:21:01 PM PST by The Fop (God Bless Donald Trump, Frank Sinatra, Joan Rivers, and the Fightin' Rat Pack Wing of the GOP)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Vince Ferrer
*** They can’t just grow parts of chickens yet, so they have to find something to do with all of the parts. (The dark meat and feet go to China). ***

(The dark meat and feet go to China Texas).

28 posted on 12/14/2017 10:49:12 PM PST by sockmonkey
[ Post Reply | Private Reply | To 26 | View Replies]

To: blam

A few months ago, I posted on FR my totally unscientific analysis. I noticed a glut of the preseasoned buffalo ready for grilling chicken wings at Walmart each time I went.

I thought it must be due to NFL taking the knee, and losing viewers. My Walmart would reduce them for quick sale every week. Now, they only put out about three to six packages of wings instead of about sixteen.


29 posted on 12/14/2017 11:01:36 PM PST by sockmonkey
[ Post Reply | Private Reply | To 1 | View Replies]

To: Qiviut

Its not the wing. Its the sauce. Spicy.

And you have to eat the whole chicken. Global warming, doncha know.


30 posted on 12/15/2017 1:25:57 AM PST by joshua c (To disrupt the system, we must disrupt our lives)
[ Post Reply | Private Reply | To 19 | View Replies]

To: joshua c

I like sauce & I love spicy .... would prefer to have a chicken tender to dip in my sauce rather than trying to get a little meat off a wing bone.

Between everyone in the family, the whole chicken gets eaten & the carcass goes outside to the raccoon family that lives next door. No waste! :-)


31 posted on 12/15/2017 3:32:10 AM PST by Qiviut (Obama's Legacy in two words: DONALD TRUMP)
[ Post Reply | Private Reply | To 30 | View Replies]

To: Tailback

I always make stock when we have a roasted chicken, and it was the SCORE of a lifetime when Mom gave me the turkey carcass this Thanksgiving!

Beau thought I was a little nutty when I got so excited, so I’m expecting a wrapped turkey carcass under the Christmas Tree for me this year, LOL!

Fact is, Mom has NEVER before given up the carcass. At least it went to a good home. ;)


32 posted on 12/15/2017 5:43:48 AM PST by Diana in Wisconsin (I don't have 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set.)
[ Post Reply | Private Reply | To 25 | View Replies]

To: Qiviut; Vince Ferrer; Tailback; blam; All

I don't know if this snack is available where you all live, but about a decade ago, Snyder Pretzel figured out they could take all of the broken scraps of pretzels, coat them in different flavorings, put them in a bag...and people would buy them and eat them and scream for more! Pretzel Factory Floor Sweepings! Again, brilliant marketing!


33 posted on 12/15/2017 5:53:07 AM PST by Diana in Wisconsin (I don't have 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set.)
[ Post Reply | Private Reply | To 31 | View Replies]

To: smokingfrog

“... chicken wings are overpriced”

Not sure your age, smoking.. but when I was younger.. wings were considered crab bait (along with necks, of course). My Mom would get a huge pack of them for stock, too. Now they are more expensive than the on sale legs, thighs and sometimes... breasts.


34 posted on 12/15/2017 5:56:01 AM PST by momtothree
[ Post Reply | Private Reply | To 5 | View Replies]

To: snarkytart

ESPN should in no way be considered a journalistic organization.

It’s a freakin sports network. It IS NOT a news source.

Talk about not grasping your own mission.

No wonder they are bleeding subscribers.

People turn in for sports coverage you idiots.

If they want news they’ll tune in to FoxNews, CNN, or a major network station.


35 posted on 12/15/2017 7:46:59 AM PST by DoughtyOne (This forum is a Doug Jones free zone! Go Roy Moore!)
[ Post Reply | Private Reply | To 2 | View Replies]

To: Diana in Wisconsin
"Again, brilliant marketing!"

Great.

Raisins = spoiled grapes.

"An apple a day will keep the doctor away" (another great marketing phrase)

36 posted on 12/15/2017 7:53:57 AM PST by blam
[ Post Reply | Private Reply | To 33 | View Replies]

To: blam

Maybe the NFL will start paying people to eat chicken wings so they can hide the truth... they pay ‘fans’ in LA to attend games.

The NFL is becoming as phony as MSNBC and CNN...


37 posted on 12/15/2017 9:33:40 AM PST by GOPJ (EVERY hellhole in the world is run by self appointed 'elites'...think about THAT FBI traitors.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: momtothree

Before spicy chicken wings became popular, you could buy them very cheap, almost like soup bones. Actually, they are pretty good for making soup.


38 posted on 12/15/2017 9:42:10 AM PST by smokingfrog ( sleep with one eye open (<o> ---)
[ Post Reply | Private Reply | To 34 | View Replies]

To: smokingfrog
"Actually, they are pretty good for making soup."

It's the high fat content.

39 posted on 12/15/2017 9:51:52 AM PST by blam
[ Post Reply | Private Reply | To 38 | View Replies]

To: Diana in Wisconsin

Love wings.

Sorry.

They are awesome.


40 posted on 12/15/2017 9:54:15 AM PST by RinaseaofDs (Truth, in a time of universal deceit, is courage)
[ Post Reply | Private Reply | To 16 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-52 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson