date:May 13, 2013
,000 in the first quarter of fiscal 2012. Seaboard said the increase reflected higher prices for wheat and soybean meal during the quarter.
Operating income in the companys Pork segment totaled $32,264,000, down 39% from $52,873,000 in the same period a year ago. Seaboard said the decrease was primarily a result of lower prices for pork products and higher feed costs, partially offset by a one-time credit of $11.3 million.
Net sales in the Pork segment increased 2% to $409,252,000 from $400,66