Discussion in 'Commodity Futures' started by bone, Dec 14, 2018.
Chicken farms? Geez, that term has an entirely different meaning here in South/South East Asia
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.
How Costco’s $4.99 Rotisserie Chickens Will Transform Agriculture in Nebraska
Apparently Costco already does this for it's sausage and hot dog Kirkland house brands - they have their own meat processing plant in California.
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