a sharp decline in Cargill quarterly earnings

Saturday, 27 July 2019 00:00 Written by  font size decrease font size decrease font size increase font size increase font size

The US-China Trade war has made difficulty for Cargill Company.

 

Earlier this month, Cargill reported a sharp decline in its quarterly earnings. The decline, which experts believe has not been unprecedented over the past four years. 

Market commentators believe that US trade disputes with China, sudden changes in the climate in the West and Centre the United States and the decline in demand for pork in China, following the outbreak of African swine fever are the key factors in this decline.

Meanwhile, market commentators have reported their uncertainty about the company's earnings during the fourth quarter of this year.

The company's executives are working to increase their business environment and reduce their revenues in recent months, to ensure the use of high-priority sources.

Cargill is one of the largest Feed companies in the world.

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