House Judiciary Subcommittee witnesses split on cause of food price spike
Story Date: 1/21/2022

 

Source: PROGRESSIVE FARMER, 1/19/22

Mississippi poultry farmer Trina McClendon was on the road to financial recovery in 2020 following the 2017 death of her husband, Rusty, when Sanderson Farms announced a 9% pay cut for contract chicken farmers in the state in August 2021. The devastating news came to light just days after a joint venture between Cargill Inc. and the investment firm Continental Grain Co. announced plans to buy Sanderson at a price tag of about $4.5 billion.

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