Sanderson Farms: lower production in 2009
US poultry processor Sanderson Farms expects its production to decrease 2% in 2009.
It is reported that this is largely a result of the poultry processor putting plans for a new North Carolina plant on hold due to difficult economic conditions.
“This is going to be the first year in a long time that our production will decrease,” Sanderson CFO Mike Cockrell was quoted as saying.
The US poultry processor expects to process 2.4 bln pounds of chicken this year.
Source: The Times-Picayune
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