Farmers focus on co-op
However, in an e-mailed statement from spokesman Ray Atkinson, Pilgrim’s Pride said that it has given Louisiana Gov. Bobby Jindal the price at which the company would consider selling the Farmerville operations, subject to approval by the company’s lenders, creditors and the bankruptcy court. While the company would not disclose that figure publicly, reports circulating have it at $80 million. Pilgrim’s Pride said the price would be enough to prevent the company from taking a loss on the sale.