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Cargill (Minneapolis, MN) has reported earnings of $917 million for the first quarter 2008, ended August 31. This represents a gain of 83 percent over the same period last year (2007: $500 million). Notably, the company’s food ingredients segment outperformed last year’s results.
Of the news, Cargill chairman and CEO Greg Page said, “Cargill is off to a strong start in the new fiscal year.”