date:Aug 08, 2013
arly all of our business units were profitable, and more than two-thirds exceeded year-ago results.
While most of Cargill's units were profitable, earnings at its animal protein business were down from last year, largely hurt by high feed costs and the tightest U.S. cattle supply in 60 years. Energy businesses, including trading, also declined.
Standard Poor's ratings analyst Chris Johnson told Reuters that Cargill's performance marked a significant rebound from a year ago and is reviewing wh