Cagle's poultry processor cuts production
Another US chicken processor, Cagle's Inc., has
announced a cut in production. The company will cut chicken production,
effective immediately, by 4%.
"Current chicken prices have failed to reflect the tremendous increase in
the cost of feed," Doug Cagle, president and CEO. "The cutback in production
will not affect our customers with existing commitments but will reduce product
being sold through less profitable commodity outlets."
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