Kaas:

Cargill reports third-quarter fiscal 2008 earnings:
MINNEAPOLIS – Cargill today reported net earnings of $1.03 billion in the 2008 third quarter ended Feb. 29, up 86 percent from $553 million in the same period a year ago. Earnings in the first nine months totaled $2.9 billion, a 69 percent increase from $1.71 billion a year ago.......!
“Cargill posted a third consecutive strong quarter in a year in which the dimensions of change in global agriculture are striking,” said Greg Page, Cargill chairman and chief executive officer. “Demand for food in developing economies and for energy worldwide is boosting demand for agricultural goods, at the same time that investment monies have streamed into commodity markets. Relative to demand, world grain stocks today are at their lowest levels in 35 years. Prices are setting new highs and markets are extraordinarily volatile. In this environment, Cargill’s team has done an exceptional job measuring and assessing price risk, and managing the large volume of grains, oilseeds and other commodities moving through our supply chains for customers globally.”

.....Kortom, we zijn er nog lang niet, maar we zijn op de goede weg..!