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Turkey producers won't gobble up cash this year

...industry's sagging profit margins. Major producers such as Butterball LLC and Hormel Foods Corp., which has the Jennie-O Turkey Store, are cutting production to help raise prices. But analysts say those moves are coming too late to help the industry...
Hormel profit soars, but misses Street view

...percent to $1.16 billion from $1.01 billion. Increases of more than 10 percent at its refrigerated foods, Jennie-O-Turkey Store, specialty foods and other divisions offset flat results at the grocery products unit. The company said it...