Sanderson Cuts Chicken Output Estimate on Grocery Shift
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Sanderson Farms Inc. lowered its expectation for poultry production as one of the top U.S. growers adjusts to shifting consumer behavior in the pandemic.
“Unprecedented social and economic impact of the virus and the related government actions to contain its spread materially affected every aspect of our business, including our labor force, sales, operations and production levels, as well as our customers,” Chief Executive Officer Joe Sanderson said in a statement Thursday.