Pilgrim’s Pride, the US poultry group, is to sell a chicken complex in Louisiana to rival Foster Farms for US$80m.

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more


The company, which filed for Chapter 11 in December, said it had agreed to offload the site in Farmerville after receiving a “meaningful offer” from Foster.


“We believe this sale at this price is in the best interests of all parties involved, including our employees, growers, the Farmerville community, and our creditors,” said president and CEO Don Jackson.


The sale is the latest stage in a wide-ranging restructuring process at Pilgrim’s Pride, which fell into bankruptcy after incurring massive debts.


Last month, the company said it would idle three of its 32 US chicken processing plants by mid-May to save costs.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - Nominations Closed

Nominations are now closed for the Just Food Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
Winning five categories in the 2025 Just Food Excellence Awards, Centric Software is setting the pace for digital transformation in food and FMCG. Explore how its integrated PLM and PXM suite delivers faster launches, smarter compliance and data-driven growth for complex, multi-channel product portfolios.

Discover the Impact