Cargill Inc.
Nourishing Ideas. Nourishing People.
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| Private | |
| Industry | Trading |
| Founded | 1865 |
| Founder | William Wallace Cargill |
| Headquarters | Minnetonka, Minnesota, U.S. |
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Area served
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Worldwide |
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Key people
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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 |
 US$109.6 billion (2017) |
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US$2.835 billion (2017) |
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| Total assets |
 US$55.8 billion (2017) |
| Owner | Cargill family (90%) |
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Number of employees
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150,000 (2016) |
| Website | www |
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 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 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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