Cargill's Protein Push Helps It Navigate Mounting Trade Turmoil
- Agribusiness giant grows earnings even as soy margins narrow
- Firm notes ‘trade tensions and other supply chain disruptions’
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Cargill Inc. Chief Executive Officer Dave MacLennan’s bet on a rising appetite for protein is helping the agribusiness giant return to profit growth even as global trade disruptions mount.
On Thursday, America’s biggest closely held company posted an increase in earnings for the first time since its fiscal quarter ended May 31, 2018.