FILE PHOTO: A Cargill logo is pictured on the Provimi Kliba and Protector animal nutrition factory in Lucens, Switzerland, September 22, 2016. REUTERS/Denis Balibouse/File Photo
(Reuters) – Commodities trader Cargill Inc [CARG.UL] reported a 41% slump in adjusted quarterly profit on Thursday, as the U.S.-China trade war led to supply disruptions and flooding in the central United States hit marketing and transportation of grains.
The privately held company’s adjusted operating profit fell to $476 million in the fourth quarter ended May 31 compared with $809 million a year earlier.
Reporting by Shanti S Nair and Debroop Roy in Bengaluru; Editing by Arun Koyyur