- Sanderson Farms (SAFM -3.3%) trades lower after Goldman Sachs warns on soft summer pricing and a potential deceleration in industry production during the second half of the year.
- Analyst Adam Samuelson drops his Q3 and Q4 earnings estimates on Sanderson Farms due to the pricing pressure.
- Pilgrim's Pride (PPC -1.5%) is also showing a loss on the day.