Submit comment or question
Note: All comments are displayed with user's screen name. If screen name is not present, user's full name will be used. Please go to My Account to update your screen name.
Comment Policy: Urner Barry has made the comment feature available to encourage further discussion of our news stories. Defamatory or offensive comments, or comments deemed not relevant to the story will be removed, and if necessary, Urner Barry may restrict the right of individual subscribers to offer comments. In all cases, comments represent opinions of the poster only, and do not represent fact, news, opinions or estimates put forward by Urner Barry.
Email Address is required.
Password is required.
Seaboard Foods: 2019 Marked by "Uncertainty and Volatility" in Pork Division
In a letter to stockholders in Seaboard Corporation's annual report (see below), President and CEO Steven Bresky highlighted that 2019 was a year marked by uncertainty and volatility for the pork division, oversupply coupled with flat domestic consumption and modest export growth generally kept commodity prices at bay in the turkey segment, and the grain milling segment achieved its highest revenue year ever. See the full annual report here.
Dear Fellow Stockholders,
Despite a solid year of net earnings, 2019 was a mixed bag with disappointing operating income but excellent investment income. We began the year with a $34 million first-quarter operating loss, our worst quarterly operating loss ever. In fact, over the last twenty-five years, there have only been...
URNER BARRY INDICES