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Pilgrim's Pride reported third-quarter results amid supply pressure in the US chicken sector. USDA data showed supply rose 2.2% year on year, outpacing demand growth.
Commodity cutout values fell from the previous period.
Supply growing faster than demand pushes chicken cutout values lower, which weakens poultry processors' margins and reduces near-term demand for chicken-feed inputs.
meatpoultry.comOct 30, 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.
