Seaboard Corporation Reports Third Quarter Results

Net sales for the three and nine month periods of 2016 decreased $81 million and $285 million, respectively, over the same periods in 2015. The decreases were primarily...

March 13, 2025
1 minute read

Net sales for the three and nine month periods of 2016 decreased $81 million and $285 million, respectively, over the same periods in 2015. The decreases were primarily the result of lower sales prices and the mix of products sold in the Commodity 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 in the Pork segment.

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