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Quarterly revenue of $145.7 million, remaining stable from Q4 2020 Net loss was $39.5 million, as compared to the Q4 2020 net loss of $0.5 million, which was primarily a result of higher LNG cost in Q1 2021 vs. Q4 2020 as well as costs associated with Hygo and GMLP acquisitions Operating Margin (4) decreased by $28.1 million in Q1 2021 vs Q4 2020, which is line with our expectations due to higher LNG cost Average daily volumes sold in Q1 2021 were approximately 1.4 million GPD Operating Margin is a non-GAAP financial measure. For definitions and reconciliations of non-GAAP results please refer to the exhibit to this press release. Please refer to our Q1 2021 Investor Presentation (the Presentation ) for further information about the following terms: ....
Jevtic/iStock/Getty Images Bloomberg | Apr 30, 2021 By Isis Almeida, Michael Hirtzer and Kim Chipman Feeding the world’s chickens, pigs and cows has gotten so expensive it’s upending global trade flows. As grain prices surge, American chicken giant Perdue Farms Inc. took the rare step of buying soybeans, an American staple, from rival Brazil. BRF SA, Brazil’s top poultry producer, turned to neighboring Argentina for corn, while feed makers in China and the U.S. are buying wheat more commonly used for bread. These tactics and others by the world’s top food companies highlight how tight the global market has become. A gauge of grain prices is at an eight-year high, boosting the cost of feeding animals and signaling higher meat prices could be coming for consumers. Still, keeping up with rising meat demand as the world recovers from the pandemic has industry executives saying the rally is far from over. ....
Livestock feed demand is upending global trade flows beefmagazine.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from beefmagazine.com Daily Mail and Mail on Sunday newspapers.
Livestock feed demand is upending global trade flows farmprogress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from farmprogress.com Daily Mail and Mail on Sunday newspapers.