Industrias Bachoco S.A.B. de C.V. has released its third quarter results for 2010.

The company's sales were up 12.2% (6.30 billion Pesos) when compared with 2009 (5.61 billion Pesos), a somewhat unexpected number given past third-quarter history. "The third quarter of the year was traditionally the weakest quarter for our company, but this quarter it was quite different," said CEO Cristobal Mondragon. "We had a good balance between supply and demand in our chicken business line, which allowed us to capitalize our productivity and supply efforts and achieve stronger results during the third quarter."

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The company's chicken segment saw the greatest growth, with sales increasing by 17.7% when compared to the third quarter of 2009. Table egg product sales decreased by 11.7% and balanced feed dropped 6.5%. Swine sales, however, showed a solid increase of 36.9% due to a combination of increased prices and volume.