Cargill Statistics: Cargill, Inc. is the largest privately held global food corporation based in Wayzata, Minnesota, The United States. The company was founded in 1865. It engages in the primary business of manufacturing, trading, purchasing, and distributing agricultural commodities such as grain, palm oil, processed & packaged foods, bio-industrial products, and trading in energy and metals like steel. Also, their financial and industrial business is serving customers across the globe.
The industry works alongside farmers, manufacturers, retailers, and governments to fulfill the agricultural demand in a safe & sustainable way. It operates through the following segments processing beef, poultry, value-added meats, and egg items for food producers, food service organizations, and food retailers. The salt made by this industry is utilized in food, agribusiness, water softening, and deicing. The company has significant operations in the US and Canada, Central America, China, Southeast Asia, and the UK. The company operates globally in around 70 countries with more than 155,000 employees.
Cargill at a Glance:
- Cargill began in 1865 as a single grain storehouse in Conover, Iowa. Today it is a global supplier of food, agricultural, and risk management products and services with 153,000 employees in 66 countries.
- Cargill is the second-largest privately held business in the United States after Koch Industries. In 2006, Cargill’s sales of $75.2 billion would have ranked it 18th on the Fortune 500 list. The company says that the descendants of the MacMillan and Cargill families hold slightly more than 90 percent of the company with the rest held by management and employees.
- Cargill currently has 76 business units organized in five broad areas: agriculture services, food ingredients and applications, industrial products, commodity trading and processing, and financial and risk management services.
- In recent years, rating agencies estimate that 30 percent or more of Cargill’s net earnings have come from its financial services, which include commodity hedging, a hedge fund (Black River Asset Management), and venture capital (Cargill Ventures) and value investing (CarVal Investors).
- Cargill is a leading trader in dozens of markets across the world’s food and energy supply chains. It handles a quarter of all U.S. grain exports, produces more than 20 percent of U.S. beef and pork (EXCEL), ships more than 6 million tons of sugar a year, and is a world leader in cocoa and chocolate (Gerkens, Wilbur, Peter’s).
- Cargill has leading positions in animal feeds (Nutrena), seeds (Renessen), ingredients (Degussa), salt, flour, malt, sweeteners, starches, and many other products. It grows beef cattle and turkeys. Its 66 percent-owned Mosaic unit is the world’s top producer of phosphate fertilizer. It is also one of North America’s most prominent physical shippers of natural gas and electric power.
- On Dec. 30, 2014, Cargill acquired the Poliplant Group…operations that comprise approximately 50,000 hectares of contiguous smallholder and company land adjacent to Cargill’s existing palm oil operations in West Kalimantan, Indonesia.
- Cargill was the leading animal feed company in the world as of 2016, with a production volume of approximately 19.5 million metric tons.
Statistics:
Cargill, Inc. became the most significant private U.S. company in 2019 by revenue among the top 20 companies:
Revenue and Profit of Agricultural Company Cargill Worldwide From 2010 to 2020
Distribution of Cargill Employees in 2019, by Region
Employees by Geography
Value of Total Assets Owned by Cargill Agrícola S.A. in Brazil from 2012 to 2017
Cargill Sales and Other Revenues by Destination
Cargill’s Meat Processing Plants:
Cargill Has Been Criticized Severely for ESG Issues:
Cargill became one of the world’s worst companies due to its health-hazardous impact, The people who have been sickened or died from eating contaminated Cargill meat, the child laborers who grow the cocoa Cargill sells for the world’s chocolate, the Midwesterners who drink water polluted by Cargill, the indigenous people displaced by vast deforestation to make way for Cargill’s animal feed, and the ordinary consumers who’ve paid more to put food on the dinner table because of Cargill’s financial malfeasance all have felt the impact of this agribusiness giant. Their lives are worse for having come into contact with Cargill.
Adding to this, this company is destroying the environment, as claimed by various conservation organizations, by doing deforestation for soy production speeds up environmental change through the emission of carbon, obliterates wildlife habitat, and disturbs hydrological cycles, restricting the accessibility of water.
Cargill’s 9 Business Sectors With Countless Brands.
Animal Nutrition Innovation Centers of Cargill
Recent Developments:
2021
- Cargill completes $100M cocoa processing expansion in Côte d’Ivoire.
- BASF and Cargill expand their partnership into developing and marketing innovative enzyme-based solutions for the animal feed industry.
- Cargill announces its intention to partner with a Dutch animal feed maker on a new animal nutrition production facility in the Netherlands.
- Cargill and Continental Grain Company to Acquire Sanderson Farms for $203 per Share in Cash and Create a Leading U.S. Poultry Company.
- Cargill expands its global pectin footprint with the opening of a $150 million processing facility in Brazil.
- Cargill and Continental Grain Company to Acquire Sanderson Farms for $203 per Share in Cash and Create a Leading U.S. Poultry Company.
- Cargill is upgrading soy processing operations to increase access and speed for U.S. farmers and demand customers.
- The National Fish and Wildlife Foundation, Sysco, and Cargill to scale sustainable grazing practices across 1 million acres of grassland in the Southern Great Plains.
- Cargill and Ecolab Support Emerging Technologies Across Food Supply Chain with New Tech-stars Farm to Fork Accelerator Class.
