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RELATED PARTY TRANSACTIONS
 3 Months Ended
Mar. 31, 2024
Related Party Transactions [Abstract]  
RELATED PARTY TRANSACTIONS RELATED PARTY TRANSACTIONS
Pilgrim’s has been and, in some cases, continues to be a party to certain transactions with affiliated companies.
 Three Months Ended
 March 31, 2024March 26, 2023
 (In thousands)
Sales to related parties
JBS USA Food Company(a)
$5,374 $7,512 
JBS Chile Ltd.1,187 946 
Other related parties570 877 
Total sales to related parties$7,131 $9,335 

Three Months Ended
March 31, 2024March 26, 2023
(In thousands)
Cost of goods purchased from related parties
JBS USA Food Company(a)
$40,324 $49,905 
Seara Meat B.V.5,395 4,999 
Penasul UK LTD3,530 4,187 
Other related parties1,361 1,808 
Total cost of goods purchased from related parties$50,610 $60,899 
Three Months Ended
March 31, 2024March 26, 2023
(In thousands)
Expenditures paid by related parties
JBS USA Food Company(b)
$17,771 $14,022 
Total expenditures paid by related parties$17,771 $14,022 

Three Months Ended
March 31, 2024March 26, 2023
(In thousands)
Expenditures paid on behalf of related parties
JBS USA Food Company(b)
$2,689 $3,380 
Other related parties— 4 
Total expenditures paid on behalf of related parties$2,689 $3,384 

March 31, 2024December 31, 2023
(In thousands)
Accounts receivable from related parties
JBS USA Food Company(a)
$1,053 $967 
JBS Chile Ltda.971 — 
Other related parties122 811 
Total accounts receivable from related parties$2,146 $1,778 
March 31, 2024December 31, 2023
(In thousands)
Accounts payable to related parties
JBS USA Food Company(a)
$6,482 $34,038 
Seara Meats B.V.3,123 2,252 
JBS Asia Co Limited2,330 2,254 
Other related parties1,589 2,710 
Total accounts payable to related parties$13,524 $41,254 
(a)The Company routinely executes transactions to both purchase products from JBS USA Food Company (“JBS USA”) and sell products to them. As of March 31, 2024, approximately $1.1 million of goods from JBS USA were in transit and not reflected on our Consolidated Balance Sheets.
(b)The Company has an agreement with JBS USA to allocate costs associated with JBS USA’s procurement of SAP licenses and maintenance services for both companies. Under this agreement, the fees associated with procuring SAP licenses and maintenance services are allocated between the Company and JBS USA in proportion to the percentage of licenses used by each company. The agreement expires on the date of expiration, or earlier termination, of the underlying SAP license agreement. The Company also has an agreement with JBS USA to allocate the costs of supporting the business operations by one consolidated corporate team, which have historically been supported by their respective corporate teams. Expenditures paid by JBS USA on behalf of the Company will be reimbursed by the Company and expenditures paid by the Company on behalf of JBS USA will be reimbursed by JBS USA. This agreement expires on December 31, 2025.