Posts Tagged ‘Chicken’

Sanderson Farms sees sales rise, but posts loss

LAUREL — Sanderson Farms Inc. reports net sales for the first quarter of fiscal 2013 were $595.8 million, compared with $517.8 million for the same period a year ago. For the quarter, the poultry company had a net loss of $6.9 million, or $0.31 per share, compared with a net loss of $8.0 million, or $0.36 […] [...]

Trial delayed in poultry exporting fraud case

GULFPORT — Trial has been delayed for three men accused of falsifying temperatures of poultry exported to Russia from Pascagoula. The Sun Herald reports 38-year-old Terry White, of Ocean Springs, 39-year-old Gerald Miller, of Gautier, and 55-year-old Patrick McClain, of Pascagoula, were set for trial this week in U.S. District Court in Gulfport. They are […] [...]

Challenging market, input costs cut Cal-Maine’s earnings

JACKSON — Cal-Maine Foods Inc. reported net sales for the second quarter of fiscal 2013 were $328.9 million, compared with net sales of $290.4 million for the same quarter of fiscal 2012. The egg company reported net income of $14.3 million, or $0.60 per basic share, for the second quarter, compared with net income of […] [...]

Despite ‘challenging’ year, Sanderson sets new sales record

LAUREL — Sanderson Farms Inc. saw net sales for the fourth quarter of fiscal 2012 of $648.4 million, compared with $559.8 million for the same period a year ago. For the quarter, the poultry company reported net income of $9.3 million, or $0.41 per share, compared with a net loss of $21.6 million, or $0.97 per […] [...]

Citing ‘timing issues,’ poultry company nixes N.C. facility

LAUREL — Sanderson Farms Inc. has decided not to site a new poultry-processing complex in Nash County, N.C. In a release, Sanderson said it made the decision together with the officials of Nash County as a result of various timing issues. The poultry company had previously announced that sites in Nash County had been selected […] [...]

Poultry exec scoffs at MSU professors’ post-Sandy predictions

WILMINGTON, Del. — The Delmarva peninsula’s poultry industry is up and running after emerging from Superstorm Sandy relatively unscathed. The Delaware Department of Agriculture said there was no significant flooding or poultry house damage, and that chicken farmers are generally in good shape. Feed trucks are back on the road, and poultry processing plants resumed […] [...]

Egg company buying multiple facilities in Texas

JACKSON — Cal-Maine Foods Inc. has reached an agreement to acquire the commercial egg operations of Maxim Production Co. Inc. Terms were not disclosed. The assets to be purchased by Cal-Maine include a feed mill and two production complexes with capacity for approximately 3.5 million laying hens with related pullet capacity, all located near Boling, […] [...]

Sanderson Farms building plant in North Carolina

LAUREL — A Mississippi poultry processor has selected a site in Nash County, N.C., for a new chicken plant. Sanderson Farms says no decision has been made on when to start work on the plant near Interstate 95 and N.C. 97 southwest of Rocky Mount, N.C. Chairman and CEO Joe F. Sanderson Jr. says the […] [...]

Sanderson Farms sees profitable third quarter

LAUREL — Sanderson Farms Inc. reported net income of $28.7 million for its fiscal third quarter, a turnaround from a loss a year ago, as improved market conditions boosted revenue 22 percent. The results beat Wall Street expectations, and its shares jumped almost 6 percent in premarket trading. The Laurel, Miss.-based chicken producer cautioned that […] [...]

Cal-Maine’s profits soar; Baker replacing Adams as chairman

JACKSON — Egg producer Cal-Maine Foods says its net income grew more than five-fold in its fiscal fourth quarter as it produced and sold more eggs in the period on stronger consumer demand and got a lift from a one-time gain related to a joint venture. Cal-Maine said its average selling price rose 9.7 percent […] [...]

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