# With chicken prices soaring, Sanderson Farms sold for $4.5B | AP News

> Sanderson Farms was sold for $4.5 billion as wholesale chicken breast prices have stayed at or above $1.80 per pound since mid-April, a seven-year high. Pandemic plant shutdowns and southern winter storms have constrained supply.

- Date: 2021-08-18 · published 2021-08-18T12:00:00.000Z
- Category: market · region US · magnitude medium
- Page: https://feedsoft.ai/events/9827-with-chicken-prices-soaring-sanderson-farms-sold-for-4-5b-ap-news
- Commodities: [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Why it matters

Tight chicken supply and high breast prices support poultry values and signal continued strength in chicken markets. The deal reflects the strong pricing environment.

## Read by commodity

- CHICKEN: bullish ▲

## Sources

- apnews.com: https://apnews.com/article/business-4762d0b79a8fcf5b971f73e1d484d0d1

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