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A Scripps News report says a weekly Georgia Department of Agriculture chicken price estimate has risen about 20 percent out of line with the USDA index over two years. The Georgia department defended the estimate, saying it reflects specific birds and customers.
A possibly inflated benchmark could mean retail chicken prices are overstated relative to USDA data, which may weigh on sentiment but does not change feed supply directly.
scrippsnews.comLindsay GloorNov 18, 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.
