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Georgia does a reset with new chicken price indexes

Jan. 04, 2017 3:00 PM ETPilgrim's Pride Corporation (PPC) StockSAFM, PPC, TSNBy: Clark Schultz, SA News Editor2 Comments
  • The Georgia Agriculture Department says it will use three new producer price indexes to measure poultry pricing changes over one-month, six-month and one-year periods.
  • After controversy over the Georgia Dock index, the department published the exact formulas used to determine the new Georgia Premium Poultry Price Index. A random review process of the data will also be utilized.
  • SA contributor ManBearChicken posted a two-part series (I, II) in November on the manipulation of the old chicken price index.
  • Related stocks: PPC, TSN, SAFM.

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