Skip to content

Cargill’s Annual Revenue Surges 23% to Record $165 Billion

  • Sales peak comes in year of ‘extreme events’ for industry
  • Cargill’s revenue jump follows higher sales from ADM, Bunge
Cargill Inc.'s New Yuzhny Deepwater Grain Terminal
Photographer: Vincent Mundy/Bloomberg
Updated on

Commodities giant Cargill Inc. said annual revenues soared 23% to a record $165 billion in a fiscal year marked by “extreme events.”

Cargill reported its new sales benchmark for the year ending May 31 Wednesday in the company’s annual report, showing that the trend of strong sales from the world’s grain merchant companies continues in the face of supply-chain woes, rising food inflation and disruptions from war.