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Sanderson Farms profit misses view, but sales beat

2015-02-24 13:03:09| Food - Topix.net

Sanderson Farms Inc. said Tuesday that higher prices for chicken and lower prices for the ingredients in chicken feed led to higher-than-expected revenue in its fiscal first quarter. During the January quarter, prices for whole chickens rose 9.2% from a year earlier, while the average price for boneless breast meat increased 6.6%.

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