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Sanderson Farms: lower production in 2009

Sanderson Farms: lower production in 2009

//27 Apr 2009
US poultry processor Sanderson Farms expects its production to decrease 2% in 2009.

It is reported that this is largely a result of the poultry processor putting plans for a new North Carolina plant on hold due to difficult economic conditions.

"This is going to be the first year in a long time that our production will decrease," Sanderson CFO Mike Cockrell was quoted as saying.

The US poultry processor expects to process 2.4 bln pounds of chicken this year.

Source: The Times-Picayune

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