PILGRIMS PRIDE CORP — Director's Dealing 2011

May 6, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PILGRIMS PRIDE CORP (PPC)
CIK: 0000802481
Period of Report: 2011-05-04

Reporting Person: PILGRIM LONNIE A (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-05-04	Common Stock	S	4000	$5.55	Disposed	13408077	Indirect
2011-05-06	Common Stock	S	200000	$5.612	Disposed	13208077	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2905416	Direct
Common Stock	90580	Indirect
Common Stock	90579	Indirect
Common Stock	68013	Indirect
Common Stock	2650	Indirect
Common Stock	1790.4818	Indirect

Footnotes

F1: The prices reported in Column 4 are weighted average prices. Shares were sold in multiple transactions on May 6, 2011, at prices ranging from $5.60 to $5.64, inclusive. The reporting person undertakes to provide to Pilgrim's Pride Corporation, any security holder of Pilgrim's Pride Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.

F2: The number of shares beneficially owned by Lonnie A. "Bo" Pilgrim includes shares of common stock held by family trusts, employee benefit trust, family limited partnerships and wife. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.