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Sanderson Farms, 3rd largest poultry producer, sold for $4 5B
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Sanderson Farms, 3rd largest poultry producer, sold for $4 5B
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With chicken prices soaring, Sanderson Farms sold for $4 5B
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Soaring demand for chicken has resulted in wing shortages across America, according to the country’s third-largest poultry producer. The Laurel, Mississippi-based Sanderson Farms Inc. said it does not have enough supply to keep up with demand despite recently picking up 40 million pounds per year.
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Chicken wing shortage grips America
By Jonathan Garber article
Not your average organic fried chicken wings from Comfort LA on Wednesday, Jan. 20, 2021 in Los Angeles, CA. (Mariah Tauger / Los Angeles Times via Getty Images)
Soaring demand for chicken has resulted in wing shortages across America, according to the country’s third-largest poultry producer.
The Laurel, Mississippi-based Sanderson Farms Inc. said it does not have enough supply to keep up with demand despite recently picking up 40 million pounds per year. We cannot supply enough wings to anybody, at retail or at foodservice, Joe Sanderson, CEO of Sanderson Farms, said at the Goldman Sachs Global Staples Forum on Tuesday. Sanderson said his company each week ends up short 15 loads of wings for both retail and food service.