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UPDATE 2-Cargill 2nd-qtr profit drops 13 pct amid commodities slump

2016-01-08 10:03:39| Food - Topix.net

Global commodities trader Cargill Inc on Thursday reported a 13 percent drop in quarterly earnings before special items, citing lower commodities prices and weaker demand in some markets. A milder-than-normal start to the winter in North America curbed earnings from products such as road salt and pressured prices of natural gas and power, which hurt the privately held company's energy trading results.

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