SAFM News and Press, Sanderson Farms Inc.

The Department of Justice filed a civil antitrust lawsuit on Monday, accusing three major poultry processors of engaging in a “long-running conspiracy to exchange information about wages and benefits for poultry processing plant workers” and violations of the Sherman Act. ...

Despite being dragged down with most other asset classes in June’s selloff, resource equities have continued to exhibit remarkable resilience relative to broad equities, bonds and other real assets over the last year. Many resource companies - particularly in oil and gas explor...

MP Materials Set to Join S&P MidCap 400 MP Materials Set to Join S&P MidCap 400 PR Newswire NEW YORK , July 22, 2022 /PRNewswire/ -- MP Materials Corp. (NYSE:MP) will replace Sanderson Farms Inc. (NASD:SAFM) in the S&P MidCap 400 effective...

MP Materials ( NYSE: MP ) has jumped 9% in after-hours trading Friday on news that the company will join the S&P MidCap 400 index . There it will replace Sanderson Farms ( SAFM ), acquired in a deal that closed today by Cargill and Continental Grain. Th...

Cargill and Continental Grain Complete Acquisition of Sanderson Farms PR Newswire MINNEAPOLIS and NEW YORK , July 22, 2022 /PRNewswire/ -- Cargill and Continental Grain Company today announced the completion of the previously announced acquisition o...

Update 9:35am : Companies confirm deal closure. Sanderson Farms ( NASDAQ: SAFM ) was halted for news pending Friday after the poultry producer's sale to Cargill and Continental Grain was completed following U.S. Dept. of Justice approval. Continental and Cargill conf...

Sanderson Farms ( NASDAQ: SAFM ) has been halted for news pending Friday amid reports this week that the company is expected to received U.S. antitrust approval for its sale to Cargill and Continental Grain. On Thursday CTFN reported that Sanderson Farms ( SAFM ) employees w...

Sanderson Farms ( NASDAQ: SAFM ) fell 1.4% on a report that its employees were said to have received a memo on Thursday that the poultry maker appears to be preparing for a close of its sale to Cargill and Continental Grain, according to a CTFN report. There's spe...

Sanderson Farms ( NASDAQ: SAFM ) fell 1.7% after a report that Cargill Inc. and Continental Grain are in talks with the Dept. of Justice that may allow the antitrust regulator to approve the the takeover of the chicken producer. The discussions are centered on how farmers an...

Tobacco and household products are undervalued relative to 11-year averages. Staple retail is the most overvalued subsector. RHS, a balanced alternative to XLP. This monthly article series shows a dashboard with aggregate industry metrics in consumer staples. It is also ...