date:Jun 07, 2012
lped us offset the cumulative impact of more than $70 million in sow cost increases since 2009, he continued. We believe these initiatives will allow us to compete effectively, and maintain margins in the future.
Davis said the Foods segment faced the dual challenges of continued sow cost increases and a highly promotional competitive environment this year. As a result, margins were adversely impacted. Nonetheless, we are focused on transforming the Foods segment to deliver top-line and bottom-