Cargill’s Fiscal 2009 Q4 Results

Cargill’s Fiscal 2009 Q4 Results

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Cargill’s net earnings for the fiscal 2009 fourth quarter, ended May 31, was down 69% year-over-year to $327 million (2008: $1.05 billion). Despite this, its food ingredients and applications earnings were up, in part due to cost cuts. Though full-year earnings in this area were slightly down, the company continued its reinvestment efforts to strengthen its global supply chains