Cargill to shed rubber and coffee

7 June 2000



Cargill to shed rubber and coffee

US agribusiness giant Cargill is to dispose of its coffee and rubber businesses, reports the Financial Times.

Instead the Minneapolis-based group will focus on its value-added businesses.

The economic crises in Asia and Brazil in the 1990s hit commodities and prompted some industry consolidation.

Cargills trading and dealing operations include grain, sugar and cocoa.