FARM BUSINESS NEWS
Cargill 1Q Profit Down 41%
Wed Oct 9, 2013 10:58 AM CDT

(Dow Jones) -- Cargill Inc.'s fiscal first-quarter earnings fell 41% as most of its main business segments turned in weaker performances and the privately held company continued to deal with remaining impacts from last year's severe drought in the Midwest.

Cargill reported a profit of $571 million, down from $975 million a year earlier. Revenue was flat at $33.8 billion.

The company, based in suburban Minneapolis, doesn't break details of the results at its various segments.

However, Cargill said its animal nutrition and protein segment posted slightly higher earnings partly owing to stronger margins and improvements at ...

Quick View
  • Is Your Burndown Working? A cool, wet spring and the spread of herbicide-resistant weeds mean farmers should take the extra...
  • Gains on Covers It took Jerry Doan several years and a lot of trials, but the North Dakota beef producer has lear...
  • Side-by-Sides and Cool Helmets Side-by-side manufactures continue to roll out new machines and machine updates. Here are two more.
  • Stress Test for Borrowers Farm finances rate an "A" now, but economists debate if that's good enough to handle a major corr...
  • Senators Question EPA A group of U.S. senators Wednesday told President Barack Obama that his administration has not fo...
  • Climate Work Ahead at USDA Ag Secretary Tom Vilsack spoke about GOP complaints regarding the Obama administration's work wit...
  • Full-Circle Farming Bill Couser sees farming as a full circle. If it comes off the farm, it can go back into the farm.
  • Making the Grade What if corn isn't cheap the next five years? Fickle price projections can sway farm bill choices.
  • Ask the Vet What's my best bet for fly control?
Related News Stories
Minding Ag's Business
Minding Ag's Business
Ag Interest Rate Snapshot
USDA Eyes Rural Investment
Klinefelter: By the Numbers
Adverse Weather Hurts DuPont Earnings
Cost of Carry Calculation
Stress Test for Borrowers
Agricultural Adventure
CHS Expanding Propane Storage