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Cargill

August 10, 2011

Cargill, the world's largest agribusiness company, achieved a strong rise in net profit for the year to the end of May, despite reporting a 7% year-on-year fall in earnings during the fourth quarter.  

Cargill, the world's largest agribusiness company, achieved a strong rise in net profit for the year to the end of May, despite reporting a 7% year-on-year fall in earnings during the fourth quarter.

The company, which is controlled by 80 members of the Cargill and MacMillan families, released its fourth quarter and 2011 fiscal results yesterday (9 August), reporting earnings of $404 million from continuing operations during the quarter, down from $435 million in the same period a year ago.

January 19, 2011

Cargill, the world’s largest agricultural commodities trader, will sell its shares in fertiliser company Mosaic, in a move designed to ensure the company remains 100% privately owned.

Cargill, the world's largest agricultural commodities trader, will sell its shares in fertiliser company Mosaic, in a move designed to ensure the company remains 100% privately owned.  

Founded nearly 150 years ago, the Minnesota-based company is still controlled by around 80 members of the Cargill and MacMillan families. The company said in a statement that the Mosaic transaction would help it accomplish the objective of "maintaining its status as a private company".

January 13, 2011

Cargill, the world’s largest agricultural commodities trader, announced on 12 January that its profits for the quarter ending November tripled, which was helped by accurate predictions of the weather and shifts in trade flows.

Cargill, the world's largest agricultural commodities trader, announced on 12 January that its profits for the quarter ending November tripled, which was helped by accurate predictions of the weather and shifts in trade flows.

Cargill's net earnings for the three months ending November rose to $1.49 billion from $489 million for the same period the year before. Also, first-half earnings more than doubled from $1.01 billion to $2.37 billion.

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