Goldman Sachs remains above consensus on Sanderson Farms
``We remain above consensus for Sanderson Farms, Inc. in FY12 at $4.09 vs $2.86 as we expect 10%-15% chicken price inflation as supply cuts flow through,'' Goldman Sachs wrote in a report this morning.
Sanderson Farms Inc., one of the nation's largest chicken producers, swung to a quarterly loss Tuesday as higher feed-grain costs and slower traffic at casual restaurants sapped its profit.