BREAKINGVIEWS-It’s safe to count chickens even before they hatch

Reuters

Oct 31, 2024

(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.

Full view will be published shortly.

Follow @rob_cyran on X

CONTEXT NEWS

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

^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^>

(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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The opinions expressed are his own.)</p><p>   By Robert Cyran</p><p>      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.</p><p>   Full view will be published shortly.</p><p>   Follow @rob_cyran on X</p><p>    CONTEXT NEWS </p><p>   Pilgrim’s Pride, a producer of poultry and pork, is due to report its third-quarter financial results on Oct. 31.</p><p>    &lt;^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ Americans keep eating more chicken     Chickens bred to eat are still getting bigger     Pilgrims Pride's wild poultry ride    </p><p>   ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^&gt;</p><p>(Editing by Jeffrey Goldfarb and Pranav Kiran)</p><p>((For previous columns by the author, Reuters customers can click on    robert.cyran@thomsonreuters.com))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE00BJJMRY28.SGD","symbol_name":"Janus Henderson Balanced A Inc SGD","start_time":0,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","article_id":"2479473990","we_media_id":"1036604489","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2479473990","pubTimestamp":1730306010,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"summary":"(The author is a Reuters Breakingviews columnist.  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Follow @rob_cyran on X    CONTEXT NEWS    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       ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^>(Editing by Jeffrey Goldfarb and Pranav Kiran)((For previous columns by the author, Reuters customers can click on    robert.cyran@thomsonreuters.com))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}