NEW YORK — Pilgrim's Pride's announcement this month that it will close a North Carolina production facility along with six distribution centers is likely the first of many similar moves that will be made by poultry processors this year, as producers attempt to curtail supply to improve industry fundamentals. The ethanol boom has caused corn and animal feed prices to skyrocket during the past two years, significantly raising input costs for meat, poultry and egg producers. Yet with supply ...
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