News

Cargill earnings rise 2%

17/10/2005

The largest private company in the USA, Cargill Inc., whose product offer spans crude oil trading to meat processing, has reported net earnings of $504 million for the 2006 first quarter ended August 31, up 2% from $495 million a year ago.
The company’s first-quarter earnings were led by its risk management and financial segment, especially value investing activities. Other large contributors included the origination and processing segment, which connects users and producers of grains, oilseeds, sugar and other commodities, and its animal nutrition, poultry processing and corn-based sweeteners businesses.

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