News and analysis for the global poultry industry.
Industry News & Trends / Business & Markets
on August 5, 2021

Maple Leaf Foods predicts strong sales in second half of 2021

Meat Proteins sales grew 7.4%, while plant-based protein sales declined 10.4% in the second quarter of 2021.

Maple Leaf Foods reported net earnings of CA$48.8 million million (US$39.1 million) during the second quarter of fiscal year 2021, a significant decline from the CA$25.7 million recorded during the first quarter of fiscal year 2020.

The company attributed the decline to non-cash fair value changes in biological assets and…

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