Cargill and Continental Grain will form chicken power
A joint venture plans on purchasing Sanderson Farms for $4.53 billion, creating an entity capable of processing more than 14% of all chicken in the U.S.
Sanderson Farms Inc., the third largest chicken company in the United States, will likely be combined with Wayne Farms LLC to create what will be the third-largest integrated chicken company in the country.
$4.53 billion purchase
In August 2021, a joint venture of Cargill and Continental Grain Co. (Conti)…