Cargill reports second-quarter fiscal 2012 earnings

Cargill today reported $100 million in earnings from continuing operations in the fiscal 2012 second quarter ended Nov. 30, 2011, an 88 percent decrease from $832 million in the same period a year ago. In the first six months, earnings from continuing operations were $336 million, compared with $1.53 billion in last year’s first half. Both the year-ago figures exclude earnings from Cargill’s former majority investment in The Mosaic Company.