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Mosaic Stake Lifts Cargill's Earnings

8:28 AM MDT | October 14, 2010 | Rebecca Coons

Cargill reported net earnings of $883 million in its fiscal first quarter ended August 31, up 68% compared with the same period last year, as earnings rose in three out of Cargill's five businesses. Excluding the earnings from its majority state in Mosaic, Cargill earnings gained 51%, to $693 million. Revenue rose 6%, to $27.8 billion....

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