US provider of food and agricultural products Cargill has reported net earnings of $495 million for the 2006 second quarter ended November 30, up 19% from $415 million in the same period a year ago.

In the first six months, Cargill earned $999 million, a 10% increase from $910 million a year ago.

Cargill delivered a solid quarter in a period marked by high energy prices and operational disruptions at the US Gulf in the wake of Hurricanes Katrina and Rita,” said Warren Staley, Cargill chairman and chief executive officer.