Cargill’s Revenue Hits 4-Year Low Amid Declining Crop Prices
Trucks queue to load soy from a Cargill Inc. warehouse near Silvania, Goias state, Brazil, in February.
Photographer: Dado Galdieri/BloombergCargill Inc. revenue declined to the lowest in four years as the largest private company in the US continues to restructure in the face of declining crop prices and a shrinking American cattle herd.
The company posted revenue of $154 billion in the year ended May 31, according to an annual report posted on its website. That’s down from about $160 billion a year earlier and the lowest since 2021, when revenue was reported at $134 billion.