News

09 Apr 2013

Cargill today reported net earnings of $445 million in the fiscal 2013 third quarter ended Feb. 28, down 42 percent from $766 million in the same period a year ago. Nine-month earnings totaled $1.83 billion, up 66 percent from $1.1 billion in the prior year. Third-quarter revenues edged up 1 percent to $32.2 billion, which brought nine-month revenues to $101.2 billion.

01 Apr 2013

Cargill today announced that former Sara Lee executive, Marcel Smits, is its new chief financial officer, effective April 15.

28 Feb 2013

Cargill will upgrade and expand in 25 percent the cocoa pressing capacity of its Ilhéus plant. The investment is designed to help the plant keep up with rising consumer demand for chocolate and cocoa products. The expansion project is already underway and expected to be concluded in early 2014. 

09 Jan 2013

Cargill today reported net earnings of $409 million in the fiscal 2013 second quarter ended Nov. 30, compared with $100 million in the same period a year ago. In the first six months, earnings totaled $1.38 billion compared with $336 million in the prior year. Second-quarter revenues rose 6 percent to $35.2 billion, which brought first-half revenues to $69 billion. 

27 Nov 2012

Cargill, working with the Institute of International Education (IIE), has launched a new scholarship program to help build future potential leaders. The Cargill Global Scholars program will provide financial support, leadership development and enrichment opportunities to nearly 200 talented and high-performing undergraduate students in five countries. 

10 Oct 2012

Cargill today reported net earnings of $975 million in the fiscal 2013 first quarter ended Aug. 31, compared with $236 million in the same period a year ago. First-quarter revenues were $33.8 billion compared with $34.6 billion in the year-ago period. 

21 Aug 2012

Cargill today released its 2012 Corporate Responsibility Report. Entitled Our Responsibility in a Changing World, it reports on the four pillars of the company’s approach to corporate responsibility: conducting business with integrity; working to feed the world; operating responsible supply chains; and enriching our communities.

09 Aug 2012

Cargill today reported $1.17 billion in earnings from continuing operations in the 2012 fiscal year ended May 31, 2012, a 56 percent decrease from a record $2.69 billion in the prior year. Fourth-quarter earnings were $73 million, down 82 percent from $404 million in the same period a year ago.