California poultry producer files for bankruptcy

A large California-based poultry producer has filed for Chapter 11 bankruptcy.

Zacky Farms, which headquarters in Fresno, cites soaring feed costs as one of the reasons for its financial difficulties.  According to court documents, Zacky spends about one-point-eight million dollars a week on feed for about one-point-nine million turkeys and 600-thousand chickens.

According to data from the National Chicken Council, Zacky Farms will be the eighth poultry firm to be sold, to enter into Chapter 11, or to shut down altogether, since 2011.

© Copyright 2012 Brownfield, All rights Reserved. Written For: Brownfield
Email this to someoneShare on FacebookTweet about this on TwitterShare on Google+Print this page

One Comment

Animal Lover

Score one for the Animal Rights freaks!!! Another source of good, healthy, low-cost protein is going away for Calif consumers.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>