Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
JBS USA Holdings, Inc.
  2. Issuer Name and Ticker or Trading Symbol
PILGRIMS PRIDE CORP [PPC]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
1770 PROMONTORY CIRCLE, 
3. Date of Earliest Transaction (Month/Day/Year)
11/05/2010
(Street)

GREELEY,, CO 80634
4. If Amendment, Date 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
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 11/05/2010   P   7,000,000 A $ 5.96 144,140,425 D (1)  

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
JBS USA Holdings, Inc.
1770 PROMONTORY CIRCLE
GREELEY,, CO 80634
    X    
VVMB Participacoes LTDA.
C/O AV. BRIGADEIRO FERIA LIMA, 2391
2 ANDAR CONJUNTO 22, SALA 2
SAO PAULO,, D5 01452-000
    X    
WWMB Participacoes LTDA.
C/O AV. BRIGADEIRO FERIA LIMA, 2391
2 ANDAR CONJUNTO 22, SALA 2
SAO PAULO,, D5 01452-000
    X    
ZMF Participacoes LTDA.
AV. MARGINAL DIREITA DO TIETE
500 VILA JAGUARA
SAO PAULO,, D5 05118-100
    X    
J&F Participacoes S.A.
C/O AV. BRIGADEIRO FERIA LIMA, 2391
2 ANDAR CONJUNTO 22, SALA 2
SAO PAULO,, D5 01452-000
    X    
ZMF Fundo de Investimento em Participacoes
AV. MARGINAL DIREITA DO TIETE
500 VILA JAGUARA
SAO PAULO,, D5 05118-100
    X    
JBS S.A.
AV. BRIGADEIRO FERIA LIMA, 2391
2 ANDAR CONJUNTO 22, SALA 2
SAO PAULO,, D5 01452-000
    X    
JBS Global A/S
DAMPFAERGEVEJ 3
2 2100 KBF O
G7 
    X    
JBS Hungary Holdings KFT
VARKONYI UTCA 15
SZOMBATHELY, K5 H-9700
    X    

Signatures

 /s/ Christopher Gaddis, by power of attorney (Signature on behalf of VVMB Participacoes LTDA.)   11/08/2010
**Signature of Reporting Person Date

 /s/ Christopher Gaddis, by power of attorney (Signature on behalf of WWMB Participacoes LTDA.)   11/08/2010
**Signature of Reporting Person Date

 /s/ Christopher Gaddis, by power of attorney (Signature on behalf of ZMF Participacoes LTDA.)   11/08/2010
**Signature of Reporting Person Date

 /s/ Christopher Gaddis, by power of attorney (Signature on behalf of J&F Participacoes S.A.)   11/08/2010
**Signature of Reporting Person Date

 /s/ Christopher Gaddis, by power of attorney (Signature on behalf of ZMF Fundo de Investimento em Participacoes)   11/08/2010
**Signature of Reporting Person Date

 /s/ Christopher Gaddis, by power of attorney (Signature on behalf of JBS S.A.)   11/08/2010
**Signature of Reporting Person Date

 /s/ Christopher Gaddis, by power of attorney (Signature on behalf of JBS Global A/S)   11/08/2010
**Signature of Reporting Person Date

 /s/ Christopher Gaddis, by power of attorney (Signature on behalf of JBS Hungary Holdings KFT)   11/08/2010
**Signature of Reporting Person Date

 /s/ Christopher Gaddis, by power of attorney (Signature on behalf of JBS USA Holdings, Inc.)   11/08/2010
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(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).
(1) As more particularly described in 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, as amended on November 8, 2010, the Reporting Owners listed above, together with the other 13D Reporting Persons, share beneficial ownership of the 144,140,425 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: Jose Batista Sobrinho, 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.

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