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Source: Alicia Karapetian, MEATINGPLACE.COM, 6/23/08
Continually rising input costs have forced poultry processor Wayne Farms LLC to cut production by 6 percent. This follows an additional 2 percent cut in April for the Oakwood, Ga.-based processor.
Prior to the cuts, Wayne Farms had been slaughtering 5.8 million birds per week, Director of Marketing and Business Development Stan Hayman told Meatingplace.com.
"Soaring feed ingredient costs aggravated by the government's food for fuel mandate has created the need for us to rationalize our business," Elton Maddox, president and CEO, said in a statement. "These mandates continue to add billions of dollars of cost to our industry as well as increasing food costs to consumers around the world. During these times of challenge it is necessary for us to make the hard decisions to best position our company and the poultry industry for future success."
Wayne Farms, the nation's fifth largest poultry company, produces a variety of fresh and further processed products with annual sales exceeding $1 billion.
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