UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  SCHEDULE 13D
                    Under the Securities Exchange Act of 1934
                               (Amendment No. 1)*

                           PILGRIM'S PRIDE CORPORATION
                                (Name of Issuer)

                              CLASS A COMMON STOCK
                              CLASS B COMMON STOCK
                         (Title of Class of Securities)

                        721467207 - Class A Common Stock
                        721467108 - Class B Common Stock
                                 (CUSIP Numbers)

James P. O'Donnell                                                   Guy Lawson
Executive Vice President, Chief Financial                  McGrath North Mullin
Officer and Corporate Secretary                                 & Kratz, PC LLO
ConAgra Foods, Inc.                             Suite 3700 First National Tower
One ConAgra Drive                                             1601 Dodge Street
Omaha, NE 68102                                                 Omaha, NE 68102
(402) 595-4000                                                   (402) 341-3070

                  (Name, Address and Telephone Number of Person
                Authorized to Receive Notices and Communications)


                                November 24, 2003
             (Date of Event which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report
the acquisition that is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g) check the following box
[ ].

* The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act.



CUSIP No. 721467207                                             Page 2 of 4
CUSIP No. 721467108



         1)   Names of Reporting Persons: I.R.S. Identification No. of Above
              Person:

                ConAgra Foods, Inc.              47-0248710

         2)   Check the Appropriate Box if a Member of a Group:

                (a)
                (b)

         3)   SEC Use Only:

         4)   Source of Funds (See Instructions):
                00

         5)   Check if Disclosure of Legal Proceedings is Required Pursuant to
              Items 2(d) or 2(e):

         6)   Citizenship or Place of Organization:

                Delaware
                                                       Class A       Class B
                                                     Common Stock  Common Stock
      Number of Shares    (7) Sole Voting Power:          0                 0
      Beneficially        (8) Shared Voting Power:        0                 0
      Owned by Each       (9) Sole Dispositive Power:     0                 0
      Reporting Person   (10) Shared Dispositive Power:   0                 0
      With

         11)   Aggregate Amount Beneficially Owned by Each Reporting Person:

                 0 shares - Class A Common Stock
                 0 shares - Class B Common Stock

         12)   Check Box if the Aggregate Amount in Row (11) Excludes Certain
               Shares (See Instructions):

         13)   Percent of Class Represented by Amount in Row (11):

                 0% - Class A Common Stock
                 0% - Class B Common Stock

         14)   Type of Reporting Person (See Instructions):

                 CO



CUSIP No. 721467207                                              Page 3 of 4
CUSIP No. 721467108

     ConAgra Foods,  Inc.  ("ConAgra  Foods") makes this filing to amend certain
information  previously  reported  by ConAgra  Foods.  This  filing  constitutes
Amendment No. 1 to the  Statement on Schedule 13D of ConAgra  Foods  ("Amendment
No. 1").  ConAgra  Foods amends such prior  Schedule 13D reports with respect to
the Class A Common Stock, par value $.01 per share (the "Class A Common Stock"),
and the Class B Common  Stock,  par value  $.01 per share  (the  "Class B Common
Stock"),  of  Pilgrim's  Pride  Corporation  ("Pilgrim's  Pride")  by adding the
following information to the items indicated:

ITEM 4.  PURPOSE OF TRANSACTION.

     On November 24, 2003,  Pilgrim's  Pride acquired the chicken  business (the
"Acquired   Business")   of  ConAgra   Foods   through  the   acquisition   (the
"Acquisition") contemplated by the Stock Purchase Agreement, dated as of June 7,
2003,  as amended,  between  ConAgra Foods and  Pilgrim's  Pride (the  "Purchase
Agreement").  The Acquired  Business was  wholly-owned  by ConAgra Foods. In the
Acquisition,  ConAgra Foods received cash and shares of Common Stock,  par value
$.01 per share (the "Common Stock"),  of Pilgrim's Pride,  pursuant to the terms
and conditions described in the Purchase Agreement.

     On November 21, 2003, Pilgrim's Pride reclassified its Class A Common Stock
and Class B Common  Stock into the Common  Stock.  The  Common  Stock  issued to
ConAgra  Foods  pursuant to the  Purchase  Agreement is entitled to one vote per
share.

     Following  the closing of the  Acquisition,  ConAgra Foods may no longer be
deemed to be the  beneficial  owner of the  shares  of Class A Common  Stock and
Class B Common Stock.

     All references to and descriptions of the Purchase  Agreement are qualified
in their entirety by reference to a copy of the Purchase  Agreement,  previously
filed with this Schedule 13D.

ITEM 5.  INTEREST IN SECURITIES OF THE ISSUER

     Following  the closing of the  Acquisition,  ConAgra Foods may no longer be
deemed to be the  beneficial  owner of the  shares  of Class A Common  Stock and
Class B Common Stock.


CUSIP No. 721467207                                              Page 4 of 4
CUSIP No. 721467108

     After  reasonable  inquiry and to the best of my  knowledge  and belief,  I
certify that the above  information  set forth in this  Amendment No. 1 is true,
complete and correct.

DATED this 24th day of November, 2003.

                                              CONAGRA FOODS, INC.


                                              By:   /s/ J.P. O'Donnell
                                                 ------------------------------
                                                   J.P. O'Donnell
                                                   Executive Vice President,
                                                     Chief Financial Officer and
                                                     Corporate Secretary