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The Georgia Dock chicken price was $1.10 a pound, down 5 percent over 18 months, while the Urner Barry index fell 33 percent to 72 cents. A new USDA chicken price compiled since October was 71 cents, nearly matching Urner Barry.
Multiple chicken price benchmarks are converging at lower levels, pointing to softer broiler values that feed buyers pricing poultry-based feed and protein.
nytimes.comNov 4, 2016Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
