Cargill | Company Overview & News (2024)

FAQs

What is the overview of Cargill? ›

Cargill Inc (Cargill) is an agribusiness company. The company provides products and services in the food, financial products, agricultural, industrial, and risk management fields.

Cargill remains a family-owned business, as the descendants of the founder (from the Cargill and MacMillan families) own over 90% of it.

Cargill, Incorporated is a privately held, multinational corporation based in Minnetonka, Minnesota. The corporation's major businesses are trading, purchasing and distributing grain and other agricultural commodities. In 2023, Cargill generated revenue of about 177 billion U.S. dollars.

Today the company is a major player in grain, producing corn syrup, starch and livestock feed, and is involved in meatpacking and energy trading. There are at least 100 family members that together own an estimated 88% of the company. According to Forbes, 21 of the family members are billionaires.

We are committed to nourishing the world in a safe, responsible and sustainable way. Whether it's making alternative proteins for food manufacturers or helping farmers raise healthier animals with AI, we put as much care into how things are sourced as what we provide.

Outside of the U.S., the rights to the Purina and Chow brands for animal feeds are licensed to Cargill by Nestle Purina PetCare.

Cargill and Continental Grain Company completed their long-delayed $4.53 billion purchase of Sanderson Farms, the companies said in a statement. The acquisition was announced on August 9, 2021, and creates the third-largest U.S. poultry processor.

The report said that Cargill was the dominant company that exposed deforestation to the indigenous tribes, making them vulnerable for the loss of their lands. The report also said that Cargill had slave labourers working at these soya farms 16 hours a day, seven days a week.

Kathy Cargill — the spouse of billionaire James Cargill II, one of the heirs to food-industry behemoth Cargill Inc. — started raising eyebrows over the past year after splurging about $2 million on 10 homes in Park Point, a picturesque neighborhood along a 7-mile-long Lake Superior sandbar in Duluth.

Is Cargill bigger than Apple? ›

The World's Largest Private Company

While the title of the world's largest public company has changed over the last couple of decades, from ICBC to JPMorgan Chase to Apple, the most valuable private American company has enjoyed its status largely unchallenged. Cargill is the most valuable private company in the world.

The highest-paying job at Cargill is a Marketing Manager with a salary of ₹77.5 Lakhs per year. The top 10% of employees earn more than ₹24.44 lakhs per year. The top 1% earn more than a whopping ₹60 lakhs per year. What is the minimum salary in Cargill?

Cargill in the United States of America (USA) is headquartered just outside of Minneapolis, Minnesota.

Brian Sikes was elected to serve as Board Chair of Cargill in Jan. 2024 and has served as President and Chief Executive Officer since Jan. 2023.

Cargill's purpose is to be the leader in nourishing the world in a safe, responsible and sustainable way. Our position within the global food system provides both the opportunity and the responsibility to create lasting change.

Cargill Vision Statement

Our purpose is to be the global leader in nourishing people. Our mission is to create distinctive value. Our approach is to be trustworthy, creative and enterprising. Our performance measures are: engaged employees, satisfied customers, enriched communities, and profitable growth.

Our sustainability strategy is focused on three areas: Climate, Land and Water, and People. Within each of these areas, we have a clearly defined approach with commitments and programs to drive positive change and maximize our impact within our operations, supply chains, and communities.

While the title of the world's largest public company has changed over the last couple of decades, from ICBC to JPMorgan Chase to Apple, the most valuable private American company has enjoyed its status largely unchallenged. Cargill is the most valuable private company in the world.