Cargill Posts Loss After Wrong-Way Bets on Soybean Market

  • Energy, shipping and oilseed processing drag on results
  • Company has made $2.4 billion in asset sales to boost returns

Cargill Inc. posted an adjusted operating loss in the fourth quarter partly because of wrong-way bets in soybean markets, joining other traders caught off guard by volatility in the oilseed used in cooking oil and animal feed.

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