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RELATED PARTY TRANSACTIONS
6 Months Ended
Jun. 30, 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 EndedSix Months Ended
 June 30, 2024June 25, 2023June 30, 2024June 25, 2023
 (In thousands)
Sales to related parties
JBS USA Food Company(a)
$8,263 $9,012 $13,637 $16,524 
JBS Chile Ltd.759 182 1,946 1,128 
Other related parties509 1,355 1,079 2,233 
Total9,531 $10,549 $16,662 $19,885 

Three Months EndedSix Months Ended
June 30, 2024June 25, 2023June 30, 2024June 25, 2023
(In thousands)
Cost of goods purchased from related parties
JBS USA Food Company(a)
$41,862 $78,509 $82,186 $128,414 
Seara Meat B.V.4,873 4,638 10,268 9,638 
Penasul UK LTD2,970 4,103 6,500 8,290 
Other related parties1,963 1,720 3,323 3,527 
Total$51,668 $88,970 $102,277 $149,869 
Three Months EndedSix Months Ended
June 30, 2024June 25, 2023June 30, 2024June 25, 2023
(In thousands)
Expenditures paid by related parties
JBS USA Food Company(b)
$24,916 $46,104 $42,687 $60,127 
Other related parties— 15 — 15 
Total$24,916 $46,119 $42,687 $60,142 

Three Months EndedSix Months Ended
June 30, 2024June 25, 2023June 30, 2024June 25, 2023
(In thousands)
Expenditures paid on behalf of related parties
JBS USA Food Company(b)
$4,563 $9,540 $7,252 $12,919 
Other related parties— — — 
Total$4,563 $9,540 $7,252 $12,924 

June 30, 2024December 31, 2023
(In thousands)
Accounts receivable from related parties
JBS USA Food Company(a)
$1,541 $967 
JBS Chile Ltda.379 — 
Other related parties135 811 
Total$2,055 $1,778 
June 30, 2024December 31, 2023
(In thousands)
Accounts payable to related parties
JBS USA Food Company(a)
$14,320 $34,038 
Seara Meats B.V.5,204 2,252 
JBS Asia Co Limited2,454 2,254 
Other related parties1,353 2,710 
Total$23,331 $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 June 30, 2024, goods purchased and in transit from JBS USA were immaterial 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.