on February 19, 2021
Jennie-O takes measures to mitigate high feed costs
As feed and grain costs rise, company is reformulating feed and taking pricing actions
Because of increased feed and grain prices, Hormel Foods is taking pricing action and reformulating its feed to offset those added expenses for its Jennie-O Turkey Store subsidiary, company executives said.
“Strong Chinese demand and drought conditions in South America continue to generate higher grain prices, which is expected to…