Never saw it get $12 crazy, but at one point farmers had to kill off 100 million chickens because of bird flu. That’s nearly 1 chicken for every man, woman and child in the US.
Imagine the disposal cost, let alone the costs for sterilizing monstrous chicken warehouses. Then factor in the costs of keeping operations going while they repopulated.
However, there was something I read and can’t remember, about the prices staying jacked beyond what was to be expected.