date:May 14, 2012
h. Mild winter weather also provided historically low rendering volumes from mortalities, the company said.
Net sales were $387.1 million, as compared to $439.9 million for the first quarter of 2011. The company attributed the $52.8 million decrease in sales to lower finished product selling prices for proteins and fats and lower raw material volumes. Also, export volumes declined sharply compared to first quarter of 2011, which added further downward pressure to finished product prices, the co