Cargill profits down as U.S. drought hits its meat and grain business
date:Apr 10, 2013
the Livestock Marketing InformationCenter.

They're very shrewd pencil pushers, Robb said aboutCargill. They clearly looked at that Plainview plant and theyrecognized that things are not going to change on the cattleside.

Standard Poor's analyst Chris Johnson agreed the plantclosure was a good move for Cargill.Clemens declined to comment on how the company will beaffected by the drop in corn prices.

Business diversity

Cargill's earnings fell after rising for the first twoquarters of the fisc
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