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A Washington Post report describes how the price of American chicken at many grocery stores is tied to a single weekly estimate. The estimate is produced by one Georgia official and relies on survey data from a few chicken companies.
Questions about the accuracy of the chicken price benchmark affect retail pricing sentiment but do not directly change feed supply or demand.
washingtonpost.comPeter WhoriskeyNov 17, 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.
