Consolidation, productivity, and downstream prices in the US poultry industry

Concentration in animal-based protein industries in the United States continues to garner the interest of policymakers, researchers, and consumers alike. We assess the impacts of industry concentration on animal productivity and downstream prices in the US broiler chicken industry between 1991 and 2019. We compile a dataset that matches annual, plant-level information on ownership and sales for all poultry processing facilities in the United States with market-level wholesale composite prices and bird yields. Consolidation over the last three decades has greatly contributed to industry concentration, leading to higher wholesale composite broiler prices (16.3%) and gains in animal productivity (2.4%).