# Sanderson Farms swings to Q3 profit | Meatpoultry.com | August 24, 2017 16:31 | MEAT+POULTRY

> Sanderson Farms reported net income of $115.8 million for the quarter ended July 31, 2017, up from $54.7 million a year earlier. Net sales rose to $931.9 million. The company said a favorable supply and demand balance for fresh chicken lifted prices for breast meat, leg quarters and wings.

- Date: 2017-08-24 · published 2017-08-24T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/69621-sanderson-farms-swings-to-q3-profit-meatpoultry-com-august-24-2017-16-31-meat
- Commodities: [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Why it matters

Stronger fresh chicken prices and a tight supply balance support higher poultry values, which lifts margins for integrators. Rising feed costs were offset by higher chicken prices in this period.

## Read by commodity

- CHICKEN: bullish ▲

## Sources

- meatpoultry.com: https://www.meatpoultry.com/articles/16967-sanderson-farms-swings-to-q3-profit

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