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Cargill profit quadruples, led by grain sector
CHICAGO |
CHICAGO Jan 9 (Reuters) - U.S. agribusiness giant Cargill Inc said on Wednesday quarterly earnings quadrupled, led by its grain processing and origination sector.
Minneapolis-based Cargill, one of the world's largest privately held businesses and a leader in world commodity markets, said net earnings totaled $409 million for the quarter ended Nov. 30, compared with $100 million for the same period a year ago.
Revenue rose 6 percent to $35.2 billion.
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