April 14, 2008

Cagle's to cut poultry production by 4 percent
 

Atlanta-based poultry processor Cagle's Inc. has announced that it will cut chicken production by 4 percent with immediate effect.

Current chicken prices have failed to reflect the great increase in feed cost, and the cutback in production will only reduce the amount of products sold in less profitable commodity outlets, according to Doug Cagle, president of CEO of Cagle's.

The cutback in production will affect the number of poultry processed at the company's Pine Mountain Valley, Georgia, plant.

Cagle's is the third poultry company to cut its production after Fieldale Farms and Simmons Foods.

Both companies have also cited high feed costs as the reason for production cuts.