Latest Criticisms of Cargill Stories
MINNEAPOLIS, Aug. 9, 2012 /PRNewswire/ -- 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. Consolidated revenues in fiscal 2012 were $133.9 billion, up 12 percent from $119.5 billion in the prior year. Fourth-quarter revenues...
MINNEAPOLIS, April 10, 2012 /PRNewswire/ -- Cargill today reported $766 million in earnings from continuing operations in the fiscal 2012 third quarter ended Feb. 29, 2012, essentially even with $763 million earned in the same period a year ago. In the first nine months, earnings from continuing operations were $1.1 billion, compared with $2.29 billion in the year-ago period. Both the prior year figures exclude earnings from Cargill's former majority investment in The Mosaic...
MINNEAPOLIS, Aug. 15, 2011 /PRNewswire/ -- Cargill has announced a new $3 million grant to The Nature Conservancy (TNC) to protect the Brazilian rainforest and help farmers grow soy more sustainably. The grant expands a program that has already helped 383 farmers comply with conservation laws. Since 2004, the Responsible Soy project has successfully promoted responsible soy production in the Santarem area in the Brazilian state of Para, where Cargill has a soy terminal, by helping soy...
MINNEAPOLIS, July 7, 2011 /PRNewswire/ -- Cargill Beef Australia and Teys Bros announced today that the Australian Competition and Consumer Commission (ACCC) has determined that it does not propose to intervene in the proposed merger of Cargill Beef and Teys Bros. The proposed joint venture still requires approval from the Foreign Investment Review Board (FIRB) and foreign antitrust regulators before it can be finalized. Brad Teys, CEO of Teys Bros, commented, "We are pleased to be one...
HALLS, Tenn., April 20, 2011 /PRNewswire/ -- Cargill AgHorizons said it will invest $25 million at its Hales Point grain elevator near Halls in a modernization project that will significantly increase its storage capacity and improve the speed to unload grain to better service customers. Local officials welcomed the news. "We thank Cargill for addressing a business opportunity that helps our farmers save critical time and reduces their transportation expenses," said Lauderdale County Mayor...
WICHITA, Kan., July 14 /PRNewswire/ -- Cargill will be presenting Botanica, The Wichita Gardens, with a check for $100,000 toward creation of the "Cargill Children's Farm," an interactive, interpretive, multisensory area within "The Downing Children's Garden." The project is part of a multiphase, 27-acre expansion for Botanica. The first phase of this expansion is the Downing Children's Garden, which is scheduled for completion in 2011. The Cargill Children's Farm will help children...
