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Turkey Production / North America / Industry News & Trends / Business & Markets
on February 21, 2020

Seaboard’s losses on Butterball grow in 2019

Seaboard Foods reports a loss of $21 million for turkey business during the past year

Seaboard Foods reported a loss of $21 million on its investment in Butterball during 2019.

Seaboard Foods owns a 50% non-controlling interest in Butterball, the largest turkey company In the United States.

The losses on Butterball have grown from its losses faced during the two previous years. 2018 losses amounted…

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