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Cargill
Cargill, Incorporated is a privately held, multinational corporation, and is based in the state of Minnesota in the United States. It was founded in 1865, and has grown into the world's largest privately held corporation (in terms of revenue). Were it a publicly held company, it would rank in the top 20 companies in the Fortune 500. Cargill's business activities include purchasing, processing, and distributing grain and other agricultural commodities, and the manufacture and sale of livestock feed and ingredients for processed foods and pharmaceuticals. It also operates a large financial services arm, which manages financial risks in the commodity markets for the company. It has recently split out a portion of its financial operations into a hedge fund called Black River Asset Management, with about $10 billion of assets and liabilities.
Facts about the size of Cargill's business:
It earned revenues in 2004 of $62.9 billion USD.
It is responsible for 25 percent of all United States grain exports.
It supplys approximately 22 percent of the United States domestic meat market.
It employs over 100,000 people at 1,100 locations in 60 countries.
The company exports more product from Argentina than any other company.
It is the largest poultry producer in Thailand.
All of the eggs used in McDonald's restaurants in the United States pass through Cargill's plants.
Its central position in the world's food production system means that it helps to feed billions of consumers.
Despite its size, the corporation is still a family owned business; descendants of the founders (from the Cargill and MacMillan families) own about 85% of the company. This means that most of its growth has been due to reinvestment of the company's own revenues, rather than public financing.
Warren Staley is the chief executive officer of Cargill. Like all the senior executives, he has been with the company for over 30 years. He is the seventh CEO in its 165 year history, and the second who was not a member of the Cargill-MacMillan family.
Cargill's long-term business strategy is to shift its business from trading and processing large volumes of agricultural commodities, to higher margin activities. One of them is the research and development of advanced processing techniques, particularly at its plant in Eddyville, Iowa. For example, in a joint project with Hoffman-LaRoche, it has developed a process for converting a waste by-product of grain processing into vitamin E. It also produces fuel-grade ethanol, citric acid, and phytosterol esters from grain. The company intends to work as consultants for its customers to create new ingredients and new food processing methods.
Cargill is an active proponent of free trade policies. It lobbied for China's membership in WTO, as well as for increased trade with Cuba and Brazil. Cargill's position is based on its understanding of economic priciples. First, lesser trade barriers in countries where Cargill does business will lower prices on Cargill's products, and likely increase their volume of business. Second, the decreases in the cost of food in developing countries will indirectly result in higher income per capita. Cargill benefits from increasing income per capita, because as consumers become wealthier, they tend to eat a diet richer in wheat, protein, vegetable oil, and processed foods. This improves opportunities for Cargill to sell its products. Cargill identifies the transition from $1,000 to $6,000 in mean income per capita as a very profitable phase in a country's development.
In 2003, the company received a 100% rating on the Corporate Equality Index (CEI) released by the Human Rights Campaign.
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of Minnesota in the United grade States. It was founded in 1865, and deicing has grown into cargill loses the world's cargill largest privately held corporation (cargill cargill in terms of revenue). Were genealogy park it a close publicly held
company, it would cargill rank in
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pharmaceuticals. It iowa also
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the company. It has recently split out a cargill portion
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Black incorporated River Asset Management, with about $10 billion of assets and inc liabilities.
cargill inc
Facts turkey about the size of cargill Cargill's business:
It earned
revenues in 2004 of $62.9 billion USD.
It is responsible for 25 percent of all
United States cargill grain exports.
It mn, supplys approximately
22 percent of the United States domestic oklahoma cargill meat market.
It clair employs over 100,cargill 000 build marketing+nebraska cargill people
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100 locations in 60 countries.
The cargill company
exports more mankato product from salt newark Argentina than any feeds other company.
It is investment the largest poultry jobs producer in Thailand.
All of brazil announces grain the eggs basf used in McDonald's restaurants in the salt turkey United States pass through food Cargill's cargill plants.
Its central arcadia elevator position in the cathy world's macsteel food of production system means that it out helps to feed billions cargill of inc. consumers.
Despite its cease size, the corporation is still a family owned business; descendants of the founders ( from the Cargill and MacMillan families) own l about 85% cargill of the company. This means that most of its cargill cargill growth has
been due s to south reinvestment of
the company's own revenues, cargill cargill rather cargill than public financing.
Warren Staley is the
chief executive officer of
Cargill. Like
don all the
cargill cargill cargill senior phosphogypsum executives, he has company been with nutrition the
company for over 30 years. He is cargill oil the seventh CEO in its cargill 165 year history, and the second who was not a
member of cargill
the Cargill-MacMillan cargill family.
soy Cargill's investor long-cargill term business strategy is cargill to shift its business from
cargill trading
and processing large volumes of agricultural commodities, to calvin higher plan wax margin activities. One blair cargill of them cargill is the research and cargill development of advanced steven processing
cargill techniques, cargill particularly at its plant in Eddyville, Iowa. For example, in a joint project with Hoffman-LaRoche, it has developed ethanol a cargill process for converting kosher a waste by-product of grain processing into vitamin E. It also produces cargill fuel-grade to ethanol, ne cargill citric acid, and phytosterol and
esters from grain. The david company intends to work as sioux consultants for its customers to and create new
new technician ingredients and , new food processing methods.
cargill Cargill and
is an cargill active proponent cargill of free city
trade policies. cargill It fair lobbied for China's services membership in WTO, city as well as for increased trade with Cuba and Brazil. atlanta,ga Cargill's
position is based on its webb understanding of economic priciples. First, lesser trade to
barriers clair in countries where Cargill inc does business will lower prices fertilizer on Cargill's products, and
likely increase calyon their volume of business. Second, the
decreases in the
cargill
cost swot of
food in developing countries will
indirectly result in chevrolet animal higher crystal income per capita. Cargill cargill benefits from increasing income per newark capita, because as consumers become wealthier, they korea tend to eat a diet foods richer in wheat, protein, cargill vegetable white oil, and
processed foods. This improves opportunities for Cargill
clary to cargill sell value its biodiesel products. Cargill identifies the transition from $1,000 to $6,000 shed cargill in mean income per dakota
martha capita as a research very profitable operations phase in cargill a country's development.
In 2003, the company received a 100% rating technology on the Corporate
Equality Index (
CEI) released cargill by the Human cargill constable Rights cargill Campaign.
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