Cargill’s 2016 Annual Report Highlights its Vision for Driving Change

“A pivotal year.” These words headline the letter from Cargill Chairman and CEO Dave MacLennan and Executive Vice President and CFO Marcel Smits to readers of Cargill’s 2016 Annual Report.

Fiscal 2016 was a dynamic year inside and outside of Cargill. Long-term shifts in population, urbanization and climate have reshaped global food and agriculture, even as disruptive forces are at work in the market today.

“We are transforming Cargill to be more agile, with capabilities essential to our customers’ success. We are leading the advance toward a more sustainable food system that nourishes people and protects the planet,” said MacLennan and Smits in the report’s opening letter.

Cargill’s financial and corporate responsibility performance is combined into one report for the first time this year, reflecting how the company operates its business to create results and lasting impact. Stories throughout the report illustrate how Cargill is:

• Navigating change: Outlining recent market dynamics, impacts of urbanization and the evolution of the food economy through interviews with Cargill experts, customers and an agricultural economist.
• Driving innovation: Reviewing how Cargill is responding to shifts in consumer preference, approaches to addressing currency shifts, advances in bio industrials and empowering the next generation of food and agriculture leaders.
• Advancing sustainability: Focusing on investing in scalable solutions, applying insights from protecting rainforests to the Amazon to new regions in Paraguay, sharing details of Cargill’s acquisition of EWOS, the global leader in sustainable salmon and trout nutrition, and key examples of performance in the areas of food security, sustainability and nutrition.

Cargill is also sharing added insights on its performance and goals on Twitter. The company’s annual report is available online, along with a variety of supplemental pieces, including an introductory video from MacLennan and video interviews with other Cargill leaders.

About Cargill

Cargill Incorporated is an international provider of agricultural, food/food processing, industrial, trading and financial products and services. The agricultural services division provides crop and livestock producers worldwide with customized farm services and products. Food ingredients and applications division serves global, regional and local food manufacturers, food service companies and retailers with food and beverage ingredients, meat and poultry products and food applications.

The industrial division supplies fertilizer, salt and steel products and services, and develops industrial applications for agricultural feedstocks. The organizing and processing division connects producers and users of grain, oilseeds and other agricultural commodities through origination, processing, marketing and distribution capabilities and services. The risk management and services division provides Cargill customers and the Company with risk management and financial solutions in world markets.

Source: Cargill Incorporated

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