# Sanderson Farms swings to Q2 profit | Meatpoultry.com | May 25, 2017 13:47 | MEAT+POULTRY

> 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.

- Date: 2017-05-25 · published 2017-05-25T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/71151-sanderson-farms-swings-to-q2-profit-meatpoultry-com-may-25-2017-13-47-meat
- Commodities: [Chicken](https://feedsoft.ai/c/CHICKEN.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Strong US poultry demand and low feed costs support higher chicken output and feed use. Firm boneless breast prices point to supportive chicken prices.

## Read by commodity

- SBM: neutral
- CORN: neutral
- CHICKEN: bullish ▲

## Sources

- meatpoultry.com: https://www.meatpoultry.com/articles/16434-sanderson-farms-swings-to-q2-profit

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