Tuesday, October 8, 2013

Chicken price cut almost seven cents


The price cut Ontario’s chicken farmers are taking this week is more than double the 3.21 cents per kilogram the marketing board has cited in implementing a new feed-conversion pricing formula.

The price drop for the most popular category – 1.1 to 1.6 kilograms live weight -  is 6.9 cents per kilogram.

The price change is the result of negotiations between the Chicken Farmers of Ontario marketing board and the Association of Ontario Chicken Processors.

The board posted pricing on its website with access to the public this week. When the feed-conversion price cut was first posted, only those with a password could access the bottom-line pricing data.