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Stock impact report

U.S. Food Supply Chain Is Strained as Virus Spreads [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
The nation’sfood supply chainmeat processing plantsgrocery storesThe spread of the virus through thefood and grocery industryIndustry leaders and observers acknowledge the shortages could increase, but they insist it is more of an inconvenience than a major problem. People will have enough to eat; they just may not have the usual variety. The food supply remains robust, they say, with hundreds of millions of pounds of meat in cold storage. There is no evidence that the coronavirus can be transmitted through food or its packaging, according to the Department of Agriculture.Still, the illnesses have the potential to cause shortages lasting weeks for a few products, creating further anxiety for Americans already shaken by how difficult it can be to find high-demand staples like flour and eggs.“You might not get what you want when you want it,” said Christine McCracken, a meat industry analyst at Rabobank in New York. “Consumers like to have a lot of different choices, and the reality is Show less Read more
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