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
  • Xtend Moves Forward USDA has issued its final environmental impact statement recommending full deregulation of Monsan...
  • Land Market What could the next year hold for land values?
  • No Agreement on Tax Extenders White House spokesman Josh Earnest on Monday said in his daily briefing that the White House woul...
  • Senior Partners - 4 At-your-service consultants help you walk through estate planning from start to finish.
  • Dow's Gutsy Decision Dow's decision to launch Enlist offers some hand-selected growers a chance to test drive new tech...
  • Congress Reaches Funding Deal The overall Agriculture Department and related agencies bill would cost $20.5 billion for fiscal ...
  • Need To Bee Accurate A news story had the wires buzzing Tuesday afternoon after a report that EPA was set to restrict ...
  • Kub's Den The Dakotas lost more than $130 million in grain revenue during the 2013-14 marketing year compar...
  • Ask the Vet What can I do to improve udder quality in my herd?
Related News Stories
Senior Partners - 4
Year-End Tax Panic
Ag Interest Rate Snapshot
Minding Ag's Business
Minding Ag's Business
Klinefelter: By the Numbers
Automating the Farm Workload
Pillars of Leadership
Minding Ag's Business