NEW YORK, July 22, 2022 /PRNewswire/ -- MP Materials Corp. (NYSE:MP) will replace Sanderson Farms Inc. (NASD:SAFM) in the S&P MidCap 400 effective prior to the opening of trading on Wednesday, July 27. Cargill and Continental Grain acquired Sanderson Farms in a deal that closed today.

Following is a summary of the change that will take place prior to the open of trading on the effective date:

Effective Date	Index Name	Action	Company Name	Ticker	GICS Sector
July 27, 2022	S&P MidCap 400	Addition	MP Materials	MP	Materials
	S&P MidCap 400	Deletion	Sanderson Farms	SAFM	Consumer Staples

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SOURCE S&P Dow Jones Indices

MP Materials Set to Join S&P MidCap 400