date:Aug 09, 2012
r-ago periods. Lower prices for domestic pork products sold and, to a lesser extent, higher feed costs impacted segment performance, according to the company.
Management is unable to predict future market prices for pork products or the cost of feed, the company said in a financial filing. However, management anticipates positive operating income for the remainder of 2012, although at a lower level than 2011 as a result of current market conditions.
Butterball had total net sales of $302,423,0