One Man In Georgia Might Have Been Inflating Chicken Prices Nationwide
A weekly bulletin released by the Georgia Department of Agriculture might've swayed billions of dollars in chicken purchases.By Lindsay Gloor | November 17, 2016
How do you figure out the price of a pound of chicken? Turns out, chicken producers around the country might've just been winging it.
One man from the Georgia Department of Agriculture makes weekly calculations that provide grocery chains around the U.S., including Walmart, with an average rate of what their poultry should cost.
Arty Schronce's calculations have likely affected billions of dollars in chicken purchases. But recently, he's had some serious doubts about the accuracy of those calculations. And he's not the only one.