Sunday, April 30, 2006

Moark egg division continues to hurt Land O'Lakes

The quarterly report issued this week by Minnesota-based Land O'Lakes indicates its Moark egg layer division is continuing to drag the company down.
In the report, which was filed with the Securities and Exchange Commission, Land O'Lakes officials said they suffered a $6.3 million pretax loss on eggs, though sales were slightly up from $105 to $108 million over the same period last year.
Moark's expansion of its Neosho-area facilities has been a source of controversy for the past several months.

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