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Industry News & Trends / Business & Markets / Turkey Production / North America
on May 1, 2019

Seaboard reports $11 million loss on Butterball

Production and logistics costs, lower sales volume attributed to dismal financial performance

Seaboard Corp. faced a multi-million loss during the first quarter of the 2019 fiscal year on its investment in Butterball, the largest turkey company in the United States.

In a Form 10-Q filed by Seaboard Corp. with the U.S. Securities and Exchange Commission on April 30, Butterball’s summarized income…

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