The Finger Licking Allure of Sanderson Farms Inc. (SAFM)
You cannot separate chicken from American comfort cuisine. It is a tasty, low-cholesterol and versatile ingredient of classic snacks and regular meals. It is also part of top processed meat and fast-food brands. The product category need not be an undistinguished generic. Professional food processors can add proprietary values through farming and downstream processes. These are hard times for the Consumer/Non-Cyclical Industry. Combined market capitalization has not only depreciated during the 12 months ended May 2008, but the decline has become steeper during the first half of June 2008. However, business prospects for the food processing industry remain strong. Customer…