CHICAGO (Reuters) – Commodities dealer Cargill Inc [CARG.UL] reported a 41% stoop in adjusted quarterly revenue on Thursday, citing provide disruptions stemming from the U.S.-China commerce struggle and in addition flooding within the central United States that hit advertising and transportation of grains.
FILE PHOTO: A Cargill emblem is pictured on the Provimi Kliba and Protector animal vitamin manufacturing unit in Lucens, Switzerland, September 22, 2016. REUTERS/Denis Balibouse/File Photograph
The privately held firm’s adjusted working revenue fell to $476 million within the fourth quarter ended Could 31 from $809 million a 12 months earlier. (bit.ly/2XGioon)