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011023 Cargill Profits Rise 40%

October 20, 2001

Minneapolis - Agribusiness giant Cargill Inc. said its first quarter earnings rose more than 40%, benefiting from improvement in its global grain and oilseeds businesses and in its beef processing operations.

Minneapolis-based Cargill, the largest privately held company in the United States, reported earnings for its fiscal first quarter ended August 31 increased to $288 million from $172 million in the same quarter a year ago.

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