date:Apr 09, 2014
The rejection of certain U.S. corn shipments to China and weather-related disruptions to railway service in North America affected Cargill results negatively as net earnings dropped 28% in the third quarter ended Feb. 28. A trading loss related to a price spike in U.S. power markets in late January, part of which has been recovered, also trimmed earnings, said David MacLennan, president and chief executive officer, when financial results were given April 8.
External events affected our quarterl