# Sanderson’s Q1 reflects challenging market prices | 2020-02-27  | MEAT+POULTRY

> Sanderson Farms reported a fiscal first-quarter net loss of $38.6 million, widening from a year earlier, as market prices fell. Boneless breast meat prices hit record lows in January, while tray pack and jumbo wing prices held up better.

- Date: 2020-02-27 · published 2020-02-27T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/54756-sanderson-s-q1-reflects-challenging-market-prices-2020-02-27-meat-poultry
- Commodities: [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Why it matters

Weak breast meat pricing and a loss-making leading producer signal ample broiler supply, which keeps chicken prices under pressure and limits feed demand growth.

## Read by commodity

- CHICKEN: bearish ▼

## Sources

- meatpoultry.com: https://www.meatpoultry.com/articles/22686-sandersons-q1-reflects-challenging-market-prices

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