Loading…
Pilgrim's Pride reported lower third-quarter profit as U.S. chicken supply rose 2.2% year over year, outpacing demand growth according to USDA data. The company cited a significant increase in supply in the market.
Excess US chicken supply depresses broiler prices, lowering the value of chicken and reducing demand pull for feed grains.
wattagnet.comOct 29, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
