date:May 30, 2012
ously announced four percent production cut at our other facilities. Demand for chicken remains steady from retail grocery store and export customers. However, demand from our casual dining customers remains soft, and we expect this trend will continue with macroeconomic concerns and continued high unemployment affecting consumers spending decisions.
Sanderson said the companys profitability was negatively impacted by high feed costs. Prices paid for corn and soybean meal decreased 6.44 percent