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The most recent quarterly financial data for Butterball LLC was derived from the SEC10-Q filing by Seaboard Corporation. This document covered the first quarter of Fiscal 2021 ending April 3rd.  Butterball posted sales of $341 million, up 7.3 percent from the corresponding first quarter of fiscal 2020.  Operating loss increased to $16 million compared to $7 million in Q1 of 2020. The net loss recorded was $11 million down 15.3 percent from the $13 million loss in Q1 2020.  Total assets invested Butterball amounted to $1.08 million up from $993 million in Q1 2020.

The Seaboard 10-Q notes that losses during Q1 were attributed to higher feed and plant production costs despite an increase in sales volume and price.  The report noted a decrease in value-added product sales contributing to a weak sales mix with low margins.  Based on uncertainties and volatility of the commodity grain market, the Management of Butterball was unable to provide a projection of profitability during 2021.