on November 3, 2021
Seaboard expects Butterball to be profitable in Q4
Feed and transportation costs will likely still be high, but holiday turkey sales should lift company
Seaboard Corporation, which owns a 50% stake in Butterball, faced a $10 million loss on its investment in the turkey company for the third quarter of the 2021 fiscal year. However, Seaboard stated that it does anticipate the business to be profitable during the final quarter of the year.
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