Whether they're Kansas City Chiefs fans, Philadelphia Eagles fans, or Rihanna fans, Americans can all cheer for one positive sign this Super Bowl weekend: The prices of some of America's favorite Super Bowl party snacks are going down.
, Americans can all cheer for one positive sign this Super Bowl weekend: The prices of some of America's favorite Super Bowl party snacks are going down.
The price of chicken wings is down 22% from a year ago as poultry producers significantly increased their supply this year. As of early January, the weekly retail price was about $2.65 a pound – down from $3.38 a pound one year ago. According to Dr. Michael Swanson, chief agricultural economist at Wells Fargo, producers decided after they were so profitable to put more birds in the barn and feed them better, so there are now more wings available heading into game day.
Another fan favorite on Super Bowl Sunday, guacamole, is also looking cheaper than a year ago. Prices for avocados are down 20%. That's because supply chains for avocados from the West and Mexico have improved, as have shipping rates. Add to that, Mexico had a good crop and producers were ready to move them in time for the big game.
Despite some good deals to be had for game day, some Super Bowl table items have gone up in price, particularly beverages. The price of soft drinks are up nearly 25% from a year ago after being one of the slower increases last year. The uptick is due to increased costs for ingredients and shipping. But Swanson notes the cost is still quite a bargain with a two-liter bottle around the country still under $2.
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