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A Bloomberg report describes testimony that a KFC purchasing executive told Pilgrim's Pride executives in 2017 he would 'beat us down' as payback for high chicken prices. The excerpt is brief and covers a legal and negotiation dispute.
The story concerns past contract negotiation conduct and does not change current chicken supply, demand or feed prices.
bloomberg.comBob Van VorisNov 2, 2021Not 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.
