Pilgrim's Pride Corp., the nation's largest chicken producer, filed for Chapter 11 bankruptcy protection on Monday, a move some analysts had predicted given the company's sagging debt load and volatile feed prices.The Pittsburg, Texas-based company sought the bankruptcy protection in a filing with the US Bankruptcy Court for the Northern District of Texas on Monday, saying that as of Sept. 27 it had $$3.75 billion in assets and $$2.72 billion in debts.Company spokesman Ray Atkinson said Pilgrim's
Pilgrim's Pride files for bankruptcy protection