Andy Hanacek, editor-in-chief, discusses with Bill Lovette how Pilgrim's Pride has made changes to improve its position, using the strength of its team and its parent company, JBS, to its advantage.

Pilgrim's Pride Corp. reported a net loss of $120.8 million, or $0.56 per share, on net sales of $1.9 billion for the first quarter ended March 27, 2011.