Already have an account? Sign in.

 Remember Me | Forgot Your Password?

Chicken Producer Predicts Oversupply Of Expensively-Raised Antibiotic-Free Meat

January 17, 2018: 12:00 AM EST
A major U.S. poultry producer said in a regulatory filing that the supply of antibiotic-free chicken is outstripping the demand. Nearly 41 percent of chickens produced in the U.S. through October 2017 were antibiotic-free, though only 6.4 percent of sales were for products sold as antibiotic-free (ABF). Sanderson Farms said this overproduction could begin to erode processor profits. Sanderson is the only large U.S. chicken producer that has not committed to limit the use of antibiotics. However, it does have a plan to do that if it decides it is in the company’s best interest. A Sanderson spokesman said selling chickens raised using antibiotics allows the company to produce meat more profitably.
Tom Polansek, "U.S. Faces Oversupply of Antibiotic-Free Chicken: Sanderson Farms", Reuters, January 17, 2018, © Reuters
Domains
FOOD BUSINESS NEWS
Market Segments
News
Companies
Market News
Source & Supply Chain
Trends
Clean Food
Meat & Meat Products
Geographies
Worldwide
North America
United States of America
Categories
Companies, Organizations
Market News
Products & Brands
Developed by Yuri Ingultsov Software Lab.