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Articles tagged under: Pilgrim’s Pride

An Earnings Decline for Pilgrim’s Pride

Published February 12, 2026

Pilgrim’s Pride is reporting quarterly earnings of $88 million. That’s down from nearly $236 million a year ago. The chicken and pork producer said consumer demand is up, but weak commodity prices are having an impact.
Latest NewsAg Business

Protein Price Gap Pushes Pilgrim’s Pride Profits Higher

Published July 31, 2025

Pilgrim's Pride finished the second quarter with profits of $355.5 million. That's up from $326.3 million the previous year. CEO Fabio Sandri said the relative availability and affordability of chicken compared to other proteins have resonated with consumers.
Latest NewsAg Business

4Q Profits Up for Pilgrim’s Pride

Published February 13, 2025

Pilgrim’s Pride reported a $236 million profit for the fourth quarter, up from $135 million in the previous year. Company officials cite lower feed costs and strong chicken demand for the improvement in profitability.
Latest NewsAg Business

Profits Up for Pilgrim’s Pride

Published October 31, 2024

Pilgrim’s Pride finished the third quarter with operating profit of $508 million. That’s up from $206 million in the same quarter last year. The bottom-line for the country’s second largest chicken processor was helped by lower grain prices and strong…
Latest NewsAg Business

Pilgrim’s Pride Agrees to Settle Antitrust Case

Published August 20, 2024

The poultry processing company, Pilgrim’s Pride, will pay $100 million to settle allegations of conspiring with its competitors. Five poultry companies allegedly shared information about pricing to keep market values artificially low. This antitrust case has been ongoing for seven…
Latest NewsMarketsAg BusinessLivestock

Activist Groups File SEC Complaint

Published June 17, 2024

The Humane Society of the United States and the Center for Biological Diversity have filed a complaint with the Securities and Exchange Commission. The activist groups claim JBS and its subsidiary, Pilgrim’s Pride, are misleading investors about their animal welfare…
Latest NewsAg BusinessLivestock

Low Chicken Prices Cut into Profits

Published July 27, 2023

Pilgrim's Pride reports second quarter profits of $60.5 million, a decline of 83 percent from one year ago. Pilgrim's Pride is the second-largest U.S. chicken company and is owned by Brazilian meat company JBS.
Latest NewsMarketsAg Business

Price-Fixing Indictments in the Poultry Sector

Published July 30, 2021

The Justice Department has filed indictments against Koch Foods and four executives from Pilgrim’s Pride. There are allegations of a conspiracy to suppress and eliminate competition in the poultry business. Fourteen individuals have now charged in this price-fixing case.
Latest NewsAg BusinessLivestock

Pilgrim’s Pride Pleads Guilty to Price-Fixing

Published February 24, 2021

Pilgrim’s Pride has pleaded guilty and will pay a fine of nearly $108 million. The company faced allegations of price-fixing and bid-rigging in the broiler chicken market. Other poultry companies face similar allegations, but Pilgrim’s Pride is the first one…
Latest NewsAg BusinessLivestock

A Settlement in Chicken Price-Fixing Case

Published January 12, 2021

The two largest U.S. chicken producers have settled with the government, resolving a legal fight over allegations of price fixing. Tyson Foods has not disclosed the settlement figure, but Pilgrim’s Pride paid $75 million to settle the civil claims. Neither…
Latest NewsAg Business
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