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Cargill’s Earnings Slump 52% With High Cattle Costs, Cocoa Loss

Source: Bloomberg

Corporate EarningsCommodities & Raw MaterialsCompany Fundamentals

Cargill’s fiscal first-quarter earnings fell by more than half as higher cattle and cocoa costs pressured results. Stronger soybean results provided a partial offset; the article gives no earnings amount or year-over-year comparison.

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