Exclusive-Cargill internal memo describes structural overhaul to streamline company

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Cargill Notícia

Memo,Internal Company,Food Enterprise

Global trading house Cargill will undergo structural changes after missing internal earnings goals, with plans to streamline operations into three units...

Global trading house Cargill will undergo structural changes after missing internal earnings goals, with plans to streamline operations into three units instead of five, according to an internal company document seen by Reuters and two company sources. Agricultural merchants like privately held Cargill are facing challenges as prices of the commodity crops they trade approach four-year lows and crop processing margins have fallen.

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