Cargill ends year with losses

Cargill ends year with losses

THE latest financial results for Cargill revealed a net loss of $51 million in the fiscal 2015 fourth quarter ended May 31, compared with earnings of $376 million in the same period a year ago. Fourth-quarter revenues were $28.4 billion, compared with $36.2 billion in the year-ago period.

For the full fiscal year, Cargill earned $1.58 billion, a 13% decrease from $1.82 billion in the prior year. Revenues decreased 11% to $120.4 billion. Cash flow f

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