Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Investor-ex! who wrote (24408)	8/16/1998 3:03:00 AM
From: flickerful	Read Replies (1) \| Respond to of 94695

ex..... cargill is not only the largest privately held company in the world, but it is widely regarded to be also the most secretive.... <<8/12 - Cargill Earnings Down in '98 Cargill reported $468 million in earnings for the 1997-98 fiscal year, down 43 percent from the previous year. Sales fell eight percent to $51 billion and cash flow was down 15 percent to $1.6 billion for the year, which ended May 31. The company cited global excess capacity in grain handling and processing, the drop-off in Asian demand caused by economic turmoil there, greater market unpredictability caused by El Nino and losses in Cargill's consumer finance businesses, which the company has exited. >> i am driving myself crazy trying to recall the name of the book which prominently featured cargill, the russian wheat debacle & surplus in the states, and....of course, armand hammer. it was in published in the mid 70's. was it THE GRAIN MERCHANTS? anyone? thanks.... randy ps [there is to be a new book on the grain scions called "the american grain family"]