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Cargill’s Q1 profit down by a quarter

10/10/2014

Agricultural giant Cargill has reported a 26% fall in first-quarter earnings to $425 million Revenues three months to the end of August totalled $33.3 billion, 2% lower than last year. CEO David MacLennan said despite the dip, he is optimistic. “This year’s big crops, not just in North America but across agricultural production areas worldwide,...

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