Pilgrim's Pride shares rise on corn report
Greeley-based Pilgrim's shares saw an increase of nearly 6 percent to $7.16 shortly before 2 p.m. eastern time.
Corn production in the United States is expected to rise this year to 14.79 billion bushels, which would smash the previous record of 13.092 billion bushels in 2009. Chicken producers use corn in chicken feed.
Shares of chicken producer Sanderson Farms and ethanol producers Archer Daniels Midland and Green Plains also saw share prices rise.
More breaking news...
Tobacco retailer plans pot-accessory stores
The proposed legislation follows approval by the Internal Revenue Service
Open records act bill ready for governor's signature
House bill 1193, introduced by Rep. Joe Salazar, D-Thornton, and Sen. John Kefalas,
State Farm campus ownership changes, again
House OKs higher fines for oil companies