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Sanderson Farms, Inc. Message Board

  • netlosstoo netlosstoo May 12, 2013 1:48 PM Flag

    Presentation May 14

    SAFM will have a chance to provide an updated outlook … they have all ready mentioned that summer looks very good for chicken … PPC and TSN have been very upbeat, indicating March was good and April was better with lots of momentum. Food service biz is picking up and retail demand is strong… a PPC analyst indicated the big bird guys were making 8-9 cents a lb. according to their metrics … bodes well for SAFM if that is true

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    • Most interesting comment from presentation ... SAFM prices on market and doesn't have any "cost plus" pricing... PPC and TSN are starting to price more lbs based on costs. ... this limits downside but also upside ... SAFM will lose more $$'s in a bad environment of high feed low chicken ... but not this environment ... Chicken prices are at historic highs ... and feed costs have a good chance of going down .... SAFM should make a boat load in the next year

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