Seaboard Q3 Operating Income Falls to $13 Million on Pork Loss
Seaboard Corporation reported on November 3, 2026 that net sales for the three months ended October 3, 2026 rose to US$2.77 billion from US$2.54 billion in the corresponding 2025 quarter, while operating income fell to $13 million from $84 million. A Pork operating loss outweighed improvements in Liquid Fuels, Commodity Trading and Milling, and Marine. Net earnings attributable to Seaboard dropped to $28 million, or $29.23 per share, from $109 million, or $113.71 per share. The board also…