Cargill Inc. Chief Executive Officer Greg Page, who runs the largest agricultural company in the U.S., has a good idea whom to blame for the global surge in food prices at the end of 2010: governments.
Corporate leaders urged President Barack Obama to swiftly overhaul U.S. immigration laws, positioning the business community for a confrontation with House Republicans seeking to slow legislative action.
President Barack Obama is trying to rally business support for his immigration proposals at a White House meeting today with a dozen chief executive officers, including Goldman Sachs Group Inc.’s Lloyd Blankfein and Yahoo! Inc.’s Marissa Mayer.
Cargill Inc., the commodity trader that’s the largest closely held U.S. company, reported fiscal second-quarter profit fell 88 percent because of commodity market “challenges” and the drop in sugar prices.
JBS SA, the world’s largest beef producer, is set to post the highest quarterly profit since 2008 as Brazilian meatpackers are shielded from surging grain and cattle prices that eroded the margins of global peers.