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Stock impact report

Dumped Milk, Smashed Eggs, Plowed Vegetables: Food Waste of the Pandemic [The New York Times]

Sanderson Farms, Inc. (SAFM) 
Last sanderson farms, inc. earnings: 2/27 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: ir.sandersonfarms.com
In Wisconsin and Ohio,farmersAfter weeks of concern aboutshortages in grocery storesmad scramblesbox of pastatoilet paper rollTheclosing of restaurantsThe amount of waste is staggering. The nation’s largest dairy cooperative, Dairy Farmers of America, estimates that farmers are dumping as many as 3.7 million gallons of milk each day. A single chicken processor is smashing 750,000 unhatched eggs every week.Many farmers say they have donated part of the surplus tofood banksAnd the costs of harvesting, processing and then transporting produce and milk to food banks or other areas of need would put further financial strain on farms that have seen half their paying customers disappear. Exporting much of the excess food is not feasible either, farmers say, because many international customers are also struggling through the pandemic and recent currency fluctuations make exports unprofitable.“It’s heartbreaking,” said Paul Allen, co-owner of R.C. Hatton, who has had to destroy millions of po Show less Read more
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