# Cargill, Continental Grain to buy chicken producer Sanderson Farms for $4.5 bln | Reuters

> Cargill and Continental Grain agreed to buy chicken producer Sanderson Farms for $4.5 billion. The report notes that prices of chicken wings and breasts have risen as pandemic restrictions ease and restaurants reopen.

- Date: 2021-08-09 · published 2021-08-09T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/45693-cargill-continental-grain-to-buy-chicken-producer-sanderson-farms-for-4-5-bln
- Commodities: [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Why it matters

The acquisition is a corporate deal that consolidates poultry processing, with limited direct effect on feed ingredient prices.

## Read by commodity

- CHICKEN: bullish ▲

## Sources

- reuters.com: https://www.reuters.com/business/retail-consumer/chicken-producer-sanderson-farms-agrees-45-bln-buyout-deal-2021-08-09/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.