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Cargill reports large gains in 150th year

09/01/2015
One of the largest beef processors in the US, Cargill, has reported second-quarter fiscal 2015 earnings up 41% compared with the same period last year.

It earned $784 million in the period which ended on November 30.

First-half earnings were $1.21 billion, a 7% increase from $1.13 billion a year ago.

“With first-rate performance in our agricultural, animal nutrition and meat businesses, Cargill posted strong results, outpacing recent quarters by a good margin,” said David MacLennan, Cargill’s CEO. “We’re pleased to kick off Cargill’s 150th year with these positive results.”

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