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Beef Bits

Jan 24, 2005
National beef packers report first quarter results National Beef Packers reported a net loss of $4.4 million in the first quarter ended Nov. 27, as sales dipped very slightly, from $1.058 billion to $1.051 billion. In the first quarter a year ago, the company showed a net profit of $19 million. Chief Executive John Miller blamed the declining results mainly on the closure of the Canadian and Japanese borders. The Canadian border closing has deprived the market of ab...

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