JOURNAL ARTICLE

Cargill's Profit Surges 86% With Boost From Trump Tax Bill.

  • Published In: Bloomberg.com, 2025. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Ailworth, Erin; Gambale, Michael 3 of 3

Abstract

The article focuses on Cargill Inc.'s significant profit increase of 86% in the first quarter, attributed to favorable tax changes and improved performance across its business segments. The company's net income rose to $1.94 billion, bolstered by a one-time gain linked to President Trump's tax bill and strong demand in its cocoa and chicken ventures. Cargill's revenue also increased to $40.7 billion, driven by higher soybean processing margins and a recovery in grain sales, particularly in the US and Brazil. Additionally, the company is undergoing restructuring, having streamlined its business units and incurred costs related to this process. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2025/10, pN.PAG
  • Document Type:Article
  • Subject Area:Business and Management
  • Publication Date:2025
  • Accession Number:188781019
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