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# Chicken producer Sanderson Farms explores sale

The stock market is volatile because it’s hard to tell ‘good’ inflation from ‘bad’ right now

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Chicken producer Sanderson Farms explores sale
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Mississippi-based poultry giant valued around $3.5 billion

Poultry giant Sanderson Farms Inc. is exploring a sale, according to people familiar with the matter, as demand for chicken products rises.

Sanderson Farms
SAFM,
+6.96%
has tapped Centerview Partners for advice on the potential sale and has attracted interest from suitors including agricultural investment firm Continental Grain Co., which owns a smaller chicken processor, the people said. The process may not result in a sale.

Mississippi-based Sanderson, the third-biggest U.S. chicken producer, had a market value of around $3.5 billion Monday afternoon, and a buyer would be expected to pay a premium to that.

An expanded version of this report appears on WSJ.com.

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