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Sanderson Farms and Pilgrim's Price drop on Goldman warning

Jul. 13, 2018 10:14 AM ETSanderson Farms, Inc. (SAFM) StockSAFM, PPCBy: Clark Schultz, SA News Editor9 Comments
  • 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.

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