Changes at ConAgra continue -, South Georgia News, Weather, Sports

Changes at ConAgra continue

July 12, 2007

Ashburn -- ConAgra reports higher quarterly profits than expected. The company attributes the revenue increase to sales in its energy trading and fertilizer operations.

ConAgra's energy business trades products like oil, natural gas and ethanol. The higher trading profits helped offset rising costs related to commodities in the company's food business.

"I haven't stopped eating peanut butter, I like it. The main thing is that if there is any possibility of having something that could contaminate our foods; we need to fix it," said Agricultural Commissioner, Tommy Irwin. "And I think the problem is being corrected."

The Sylvester plant is still undergoing changes. ConAgra suffered its biggest losses during the March Peter Pan peanut butter recall after a salmonella outbreak was traced to the popular snack spread.


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