Seaboard Corporation Reports Second Quarter Results

Net sales for the three and six month periods of 2016 decreased $71 million and $204 million, respectively, over thesame periods in 2015. The decreases were primarily the...

March 13, 2025

Net sales for the three and six month periods of 2016 decreased $71 million and $204 million, respectively, over thesame periods in 2015. The decreases were primarily the result of lower sales prices and the mix of products sold in theCommodity Trading and Milling segment, lower cargo rates in the Marine segment, lower prices of sugar and alcohol sold in the Sugar segment, and lower spot market rates in the Power segment, partially offset by higher sales of market hogs and higher prices in the Pork segment.

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