# US Chicken Processor Profits Fatten On Cheap Feed - Perishable News

> Reuters reports that US chicken processors such as Sanderson Farms and Pilgrim's Pride are earning some of the highest margins in over a decade, with share prices near record highs. Cattle feeders and meat packers are also benefiting from cheap grain, and another large harvest is expected to keep feed prices low.

- Date: 2017-07-24 · published 2017-07-24T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/70077-us-chicken-processor-profits-fatten-on-cheap-feed-perishable-news
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Why it matters

Low feed costs from abundant grain supplies keep integrator margins strong, which supports continued broiler production and robust demand for feed grains and meal, though it signals limited upside for grain prices.

## Read by commodity

- SBM: bearish ▼
- CORN: bearish ▼
- CHICKEN: bullish ▲

## Sources

- perishablenews.com: https://perishablenews.com/meatpoultry/us-chicken-processor-profits-fatten-on-cheap-feed/
- reuters.com: https://www.reuters.com/article/us-usa-meat-profits-idUSKBN1A90DB/

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