For investors, this makes it hard to know whether one quarter is reflective of broader improvement in the business.
More Quotes from David Nelson:
Getting above break-even in beef was an amazing accomplishment, especially compared with Tyson now forecasting a doubling of last quarter's beef loss of 64 million.David Nelson
Given the inflationary environment that we are in today, we believe the ability for higher pricing to cover all of the cost increases is diminishing.
David Nelson
Their marketing has captured the imagination of the public, especially the 18-to-35 male, with an American, in-your-face attitude.
David Nelson
The outlook for grain prices is lower than expected a month or two ago, and the outlook for hog prices is higher (but still lower than year ago). Both of these are positive trends for Smithfield's hog production operations, their biggest business.
David Nelson
Kellogg has done a good job of this historically, though not in this decade. But now is a time when a lot of companies are looking at Asia because of the value. Making acquisitions and investments there is a lot cheaper than it was a year ago.
David Nelson
While petroleum oil prices are only a little higher than they've been for the last eight months, the mention of ethanol in President Bush's State of the Union address has taken the fervor to another level.
David Nelson
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