Costco is Opening its' Own Chicken Farming Operation

Discussion in 'Commodity Futures' started by bone, Dec 14, 2018.

  1. bone

    bone ET Sponsor

     
    dealmaker likes this.
  2. GRULSTMRNN

    GRULSTMRNN

    Chicken farms? Geez, that term has an entirely different meaning here in South/South East Asia :D:D:D

     
    bone likes this.
  3. wartrace

    wartrace

    :vomit: Had to look that one up on the urban dictionary.

    I wonder if costco is going to treat their growers (real chicken farmers) any different than the other poultry companies.

    I live in an area with a Tyson chicken plant and know a few growers; it's a really bad idea to be one.

    It seems as if Tyson continually pushes for expensive upgrades to the barns that pretty much keeps the growers in so much debt they HAVE to continue with Tyson.

    Plant closes? You are done. The debt remains; cashflow gone.

    Bad results? They have a policy of decreasing chicks after a bad grow. Your opportunity for profit decreases; costs the same.
     
  4. sle

    sle

    Ewwwww...
     
  5. bone

    bone ET Sponsor