Cargill reports net earnings dropped 20 percent in the second quarter of fiscal 2019.
Cargill chairman Dave MacLennan says political and marketplace headwinds hurt many units, particularly protein and food ingredients.
The privately held company showed net earnings of $741 million as of November 30th, a 20 percent decline from $924 million during the same period a year ago.
Cargill says one bright spot was the company’s strong oilseed processing results in North America and Europe.
Continue reading Cargill 2nd quarter net earnings down 20% at Brownfield Ag News.
