Largest Chicken Manufacturer going BANKRUPT!

FOAF just said Pilgrims Pride had two days worth of feed remaining. There could be a market flooded with chicken and low prices, quickly followed by skyrocketing prices. Lots of jobs will be lost also as neither Tyson or Waynes Farms would be able to take up all the slack. Talking about a coming depression!

MILWAUKEE (AP) -- The sky could be falling on Pilgrim's Pride Corp., the chicken industry's biggest producer.

With its temporary financing ending on Tuesday and credit markets tight all around, the company faces an uncertain future. Some analysts say it could file for bankruptcy, though Pilgrim's Pride has said that option is unlikely. Others say the company is ripe for a buyout, either in whole or in part, by competitors. "Essentially, Pilgrim's Pride as we know it today will cease to exist."
Company spokesman Gary Rhodes said Pilgrim's Pride won't be making any comments. Earlier this month, he was widely quoted as saying that filing for bankruptcy wouldn't be in "anyone's best interest."