Cargill has released its second quarter earnings for fiscal 2010. The financial results showed net earnings of $489 million for the quarter ended November 30. The earnings are down by 59% from the year ago period which earned $1.19 billion. The company’s six months period earned $1.01 billion, 62% less than the previous year’s six month period earnings of $2.68 billion. The earnings results exclude earnings from the company’s majority investment in The Mosaic Company. The full financial results may be found on the company’s website.
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Cargill is an international provider of food, agricultural, financial and industrial products and services. Founded in 1865, the privately held company employs 159,000 people in 68 countries. Cargill helps customers succeed through collaboration and innovation, and is committed to applying its global knowledge and experience to help meet economic, environmental and social challenges wherever it does business. For more information, visit http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.cargill.com&esheet=6142040&lan=en_US&anchor=http%3A%2F%2Fwww.cargill.com&index=1&md5=2462d4f96400441ab225abc50c644d9e.
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