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Strong meat margins lift Cargill earnings
2015-04-10 04:14:30| Agriculture - Topix.net
Cargill, helped by strong meat margins and a "robust pull" on US ag exports, unveiled a sharp recovery in earnings for what has proven a tricky quarter for the agricultural trading giant, The agribusiness group - part of the ABCD of major agricultural traders with Archer Daniels Midland, Bunge and Louis Dreyfus - reported a 33% jump to $425m in earnings for the December-to-February period. The increase - on revenues down 11.3% at $28.4bn, a reflection of lower crop prices - was the first for the period in three years.
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Cargill third-quarter profit rises by a third
2015-04-09 17:11:06| Food - Topix.net
Global commodities trader Cargill Inc [CARG.UL] reported a 33 percent jump in third-quarter profit, helped by strong performance in its meat and animal nutrition business. Cargill said it gained from higher sales in its Australian beef processing, central American poultry and U.S. pork and turkey processing businesses.
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Cargill sales fall as food market growth slows
2015-04-09 17:11:04| Food - Topix.net
Cargill Inc. said Thursday that revenue fell 11% in the February quarter because of slowing growth in the food market and the impact of the stronger dollar. However, earnings for the agricultural conglomerate grew 33% for the fiscal third quarter, helped in part by strength in the meat segment.
Cargill quarter earnings up 33% over year ago
2015-04-09 06:00:00| National Hog Farmer
The animal protein sector helped Cargill achieve net earnings of $425 million in the quarter that ended Feb. 28, a 33% increase from $319 million for the same period one year ago. Through nine months, the company earned $1.63 billion, up 13 percent from last year. Revenues in the third quarter decreased 11 percent to $28.4 billion; nine-month revenues totaled $91.97 billion. read more
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AIM Summit 2015 to feature keynote by Gil Cargill.
2015-03-13 13:31:09| Industrial Newsroom - All News for Today
Bringing together executives and leaders in automatic identification and data capture (ADC) industry, AIM Summit 2015 in San Diego, CA will feature "Sales Mistakes CEOs Make & How to Avoid Them" as presentable by Cargill Consulting Group, Inc founder and CEO Gil Cargill. Other renowned industry experts scheduled to present include Bill Parnell, President & CEO of Data logic ADC, Inc, and Michael Lizard, industry analyst and President of International RFID Institute.
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