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Cargill books higher profits, warns of tough markets

Reuters — U.S. agricultural commodities trader Cargill on Thursday reported a rise in third-quarter profit on stronger results in food ingredients and grain handling, but warned about headwinds from oversupplied grain markets and low commodity prices. The privately-held company is exiting lower-margin operations, including its U.S. pork business, and expanding deeper into food ingredients and […] Read more