Cargill Inc. posted on Jan. 7 a quarterly profit rise of more than 19 percent, as global demand for meat rose from contributing factors such as the African swine fever epidemic.
Earnings increased in Cargill’s animal nutrition and protein, and industrial and financial services, but declined in origination and processing, and food ingredients and applications.
Adjusted operating earnings were $1.02 billion, up from $853 million last year.
