A proposed federal rule that could change the way poultry growers are compensated seems unnecessary, the CEO of Perdue Farms said, because Perdue growers seem happy with the present format, commonly known as the tournament system.
During the Wall Street Journal Global Food Forum on June 26, Perdue Farms CEO Kevin McAdams was asked by session moderator Patrick Thomas about the payment system and the proposed Poultry Grower Payment Systems and Capital Improvement Systems rule, which the present administration has pitched as a way “to address unfairness and deception in broiler grower payments, tournament operations and capital improvement systems.” Read more