Cargill, Inc. is a privately held global corporation based in Minnetonka, Minnesota, a Minneapolis suburb, but incorporated in Wilmington, Delaware. Founded in 1865, it is now the largest privately held corporation in the United States in terms of revenue. If it were a public company, it would rank, as of 2015, number 15 on the Fortune 500, behind McKesson and ahead of AT&T.
Some of Cargill's major businesses are trading, purchasing, and distributing grain and other agricultural commodities, such as palm oil; trading in energy, steel, and transport; the raising of livestock and production of feed; producing food ingredients such as starch and glucose syrup, vegetable oils, and fats for application in processed foods and industrial use. Cargill also operates a large financial services arm, which manages financial risks in the commodity markets for the company. In 2003, it split off a portion of its financial operations into a hedge fund called Black River Asset Management, with about $10 billion of assets and liabilities. It owned 2/3 of the shares of The Mosaic Company (sold off in 2011), one of the world's leading producers and marketers of concentrated phosphate and potash crop nutrients.
Subject ID: 69468
MoreCargill, Inc. is a privately held global corporation based in Minnetonka, Minnesota, a Minneapolis suburb, but incorporated in Wilmington, Delaware. Founded in 1865, it is now the largest privately held corporation in the United States in terms of revenue. If it were a public company, it would rank, as of 2015, number 15 on the Fortune 500, behind McKesson and ahead of AT&T.
Some of Cargill's major businesses are trading, purchasing, and distributing grain and other agricultural commodities, such as palm oil; trading in energy, steel, and transport; the raising of livestock and production of feed; producing food ingredients such as starch and glucose syrup, vegetable oils, and fats for application in processed foods and industrial use. Cargill also operates a large financial services arm, which manages financial risks in the commodity markets for the company. In 2003, it split off a portion of its financial operations into a hedge fund called Black River Asset Management, with about $10 billion of assets and liabilities. It owned 2/3 of the shares of The Mosaic Company (sold off in 2011), one of the world's leading producers and marketers of concentrated phosphate and potash crop nutrients.
Subject ID: 69468
Subject ID: 69468