Chicken run

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In this Wall Street Journal video story, we learn of the problems of chicken farmers in Arkansas, who borrowed money to build high-tech chicken houses to raise birds for Pilgrim's Pride. Now the company has terminated its contract with "at least 300 farms in Arkansas, Florida and North Carolina," and the farmers have no source of revenue to repay the construction mortgages on their chicken houses.

Look on the bright side: Tulsa's water might clear up some.

Seriously though, you'd think a poultry company would be thriving in tough times, as people scale back on consumption of more expensive meat.

(Click here for a text version of the WSJ story.)

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This page contains a single entry by Michael Bates published on February 12, 2009 12:00 AM.

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