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Cargill, Inc.

Cargill, Inc.
Private
Industry Trading
Founded 1865; 152 years ago (1865)
Founder William Wallace Cargill
Headquarters Minnetonka, Minnesota, U.S.
Area served
Worldwide
Key people
Gregory R. Page
(Executive Chairman)
Dave MacLennan
(President and CEO)
Products Energy trading, crop and livestock, food, health and pharmaceutical, industrial & financial risk management, raw materials, electricity and gas
Revenue DecreaseUS$107.1 billion (2016)
IncreaseUS$2.377 billion (2016)
Total assets DecreaseUS$57.48 billion (2016)
Owner Cargill family (90%)
Number of employees
150,000 (2016)
Website www.cargill.com

Cargill, Inc. is an American 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 12 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 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.


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