(The author is a Reuters Breakingviews columnist. The opinions expressed are his own.)
By Robert Cyran
NEW YORK, Oct 30 (Reuters Breakingviews) - Bigger and faster-growing fowl keep pushing prices lower and consumption higher. The $50 bln US industry is cooking, evidenced by Pilgrim’s Pride’s profitability, Chick-fil-A’s entertainment app, and more. None of it, though, will end a cyclicality that runs like cluckwork.
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Pilgrim’s Pride, a producer of poultry and pork, is due to report its third-quarter financial results on Oct. 31.
<^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ Americans keep eating more chicken Chickens bred to eat are still getting bigger Pilgrims Pride's wild poultry ride
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(Editing by Jeffrey Goldfarb and Pranav Kiran)
((For previous columns by the author, Reuters customers can click on robert.cyran@thomsonreuters.com))
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