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Industry News & Trends / Business & Markets / Poultry Processing & Slaughter / Turkey Production / North America
on November 5, 2018

Seaboard reports $19 million loss on Butterball

Lower sales of Butterball turkey products, higher logistics and production costs played factors in losses

Seaboard Foods reported a $19 million loss on its investment in Butterball during the third quarter of fiscal year 2018.

According to Seaboard Foods’ Form 10-Q filing for the quarter, which ended September 29, its loss of $19 million were primarily a result of lower volumes of turkey products sold…

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