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Sanderson Farms reported Q2 fiscal 2017 net income of $66.9 million, up from $47.6 million a year earlier, on net sales up 16%. The company cited benign corn and soybean prices, strong demand, and improving export conditions.
Strong US poultry demand and low feed costs support higher chicken output and feed use. Firm boneless breast prices point to supportive chicken prices.
meatpoultry.comErica ShafferMay 25, 2017Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not 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.
