MGPI narrows loss in second quarter
date:Aug 10, 2012
corn, excluding the impact of accounting for open commodity contracts. The per-bushel cost of corn for the three months averaged 4.8% lower than the same period a year ago, the company said.
Net sales in the Distillery Products segment were $71.1 million, up 34% from a year ago. MGPI attributed the majority of the increase to a 37% increase in sales of high quality food grade alcohol, driven by approximately equal gains in pricing and unit volume. The Lawrenceburg facility has added significant
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