date:Feb 27, 2013
nce of lower-margin accounts in the prepared meats business, Maple Leaf said.
Agribusiness Group profits fell 14% in the fourth quarter.
Hog production earnings were impacted by a combination of higher feed costs and lower market prices for hogs, the company said. Earnings in the byproducts recycling operations were impacted by higher payments for raw materials and lower biodiesel selling prices, partly offset by stronger export volumes.
At the parent company level, net income of Maple Leaf F