Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Chicken Supply Cuts Help Producer Margins, Goldman Says

Don't Miss Out —
Follow us on:

March 8 (Bloomberg) -- Chicken supply cuts are “pushing margins in the right direction” at U.S. producers Sanderson Farms Inc. and Tyson Foods Inc., Goldman Sachs Group Inc. said.

There’s “upside risk” to earnings at both companies if margins keep improving ahead of what Goldman has modeled, analysts led by Lindsay Drucker Mann in New York said yesterday in a note.

The analysts said they were “encouraged” by “positive” remarks about chicken prices from both companies at Goldman’s Agricultural Biotech Forum in New York.

To contact the reporter on this story: Simon Casey in New York at scasey4@bloomberg.net

To contact the editor responsible for this story: Simon Casey at scasey4@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.