SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person* JBS USA Holdings, Inc. (Last) (First) (Middle) 1770 PROMONTORY CIRCLE (Street) GREELEY CO 80634 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 12/28/2009	3. Issuer Name and Ticker or Trading Symbol PILGRIMS PRIDE CORP [ PPC ]
		4. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director X 10% Owner Officer (give title below) Other (specify below)	5. If Amendment, Date of Original Filed (Month/Day/Year)
			6. Individual or Joint/Group Filing (Check Applicable Line) Form filed by One Reporting Person X Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	134,397,620	D(1)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person* JBS USA Holdings, Inc. (Last) (First) (Middle) 1770 PROMONTORY CIRCLE (Street) GREELEY CO 80634 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* VVMB Participacoes LTDA. (Last) (First) (Middle) AV. BRIGADEIRO FERIA LIMA, 2391 2 ANDAR CONJUNTO 22, SALA 2 (Street) SAO PAULO D5 01452-000 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* ZMF Participaoes LTDA. (Last) (First) (Middle) AV. MARGINAL DIREITA DO TIETE 500 VILA JAGUARA (Street) SAO PAULO D5 05118-100 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* WWMB Participacoes LTDA. (Last) (First) (Middle) AV. BRIGADEIRO FERIA LIMA, 2391 2 ANDAR CONJUNTO 22, SALA 2 (Street) SAO PAULO D5 01452-000 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* ZMF Fundo de Investimento em Participaoes (Last) (First) (Middle) AV. MARGINAL DIREITA DO TIETE 500 VILA JAGUARA (Street) SAO PAULO D5 05118-100 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* J&F Participacoes S.A. (Last) (First) (Middle) AV. BRIGADEIRO FERIA LIMA, 2391 2 ANDAR CONJUNTO 22, SALA 2 (Street) SAO PAULO D5 01452-000 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* JBS S.A. (Last) (First) (Middle) AV. BRIGADEIRO FERIA LIMA, 2391 2 ANDAR CONJUNTO 22, SALA 2 (Street) SAO PAULO D5 01452-000 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* JBS Global A/S (Last) (First) (Middle) DAMPFAERGEVEJ 3 2 2100 KBF O (Street) G7 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* JBS Hungary Holdings KFT (Last) (First) (Middle) VARKONYI UTCA 15 (Street) SZOMBATHELY K5 H-9700 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* Sobrinho Jose Batista (Last) (First) (Middle) AV. BRIGADEIRO FERIA LIMA, 2391 2 ANDAR CONJUNTO 22, SALA 2 (Street) SAO PAULO D5 01452-000 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

Explanation of Responses:

1. As more particularly described in the Statement on Schedule 13D (the "Schedule 13D") filed by JBS USA Holdings, Inc. ("JBS USA") and the other reporting persons identified therein (including the Reporting Owners listed above) (the "13D Reporting Persons") with the United States Securities and Exchange Commission on January 7, 2010, the Reporting Owners listed above, together with the other 13D Reporting Persons, share beneficial ownership of the 134,397,620 shares of Common Stock of Pilgrim's Pride Corporation directly owned by JBS USA. The ownership of all of the Reporting Owners listed above, other than JBS USA, is indirect.

Remarks:

The Form is the second of two being filed by JBS USA. Two Forms are being filed as there are more than ten joint filers. Filers on the first of the two Forms are: Flora Mendonca Batista, Valeria Batista Mendonca, Vanessa Mendonca Batista, Vivianne Mendonca Batista, JJBJ Participacoes LTDA., JJMB Participacoes LTDA., VLBM Participacoes LTDA., VNBM Participacoes LTDA., and JBS USA.

	/s/ Christopher Gaddis, by power of attorney (Signature on behalf of VVMB Participacoes LTDA.)	01/07/2010
	/s/ Christopher Gaddis, by power of attorney (Signature on behalf of WWMB Participacoes LTDA.)	01/07/2010
	/s/ Christopher Gaddis, by power of attorney (Signature on behalf of ZMF Participacoes LTDA.)	01/07/2010
	/s/ Christopher Gaddis, by power of attorney (Signature on behalf of J&F Participacoes S.A.)	01/07/2010
	/s/ Christopher Gaddis, by power of attorney (Signature on behalf of ZMF Fundo De Investimento em Participacoes)	01/07/2010
	/s/ Christopher Gaddis, by power of attorney (Signature on behalf of JBS S.A.)	01/07/2010
	/s/ Christopher Gaddis, by power of attorney (Signature on behalf of JBS Global A/S)	01/07/2010
	/s/ Christopher Gaddis, by power of attorney (Signature on behalf of JBS Hungary Holdings KFT.)	01/07/2010
	/s/ Christopher Gaddis, by power of attorney (Signature on behalf of Jose Batista Sobrinho)	01/07/2010
	/s/ Christopher Gaddis, by power of attorney (Signature on behalf of JBS USA Holdings, Inc.)	01/07/2010
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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