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Higher costs pressure Sanderson Farms profit
date:Feb 22, 2013
arket prices than the same period a year ago, our grain costs were also higher.

Retail demand for chicken has remained steady, but we continue to see weak food service demand. We believe food service demand will remain under pressure until the national employment environment improves. While grain prices have retreated from the highs they set last August, we experienced higher feed costs during the first quarter, and these higher costs continue to affect our profitability.

Mr. Sanderson also s

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