MERRIAM, Kan. (AP) _ Seaboard Corp. (SEB) on Monday reported a first-quarter loss of $103 million, after reporting a profit in the same period a year earlier.
The Merriam, Kansas-based company said it had a loss of $88.43 per share.
The pork production, processing and ocean transportation company posted revenue of $1.68 billion in the period.
Seaboard shares have decreased 29% since the beginning of the year. In the final minutes of trading on Monday, shares hit $2,999.72, a decline of 35% in the last 12 months.