Cargill Revenue Hits Four-Year Low Amid Restructuring Efforts

Cargill's revenue has dropped to a four-year low of $154bn, down from $160bn the previous year, as the company continues to restructure in the face of declining crop prices and a shrinking US cattle herd. The firm has cut jobs and simplified its business units in a multi-year effort to fuel growth. Lower crop prices are affecting the industry as a whole.

Cargill Inc., the largest private company in the US, has reported a significant decline in revenue, falling to its lowest level in four years. According to an annual report posted on its website, Cargill's revenue for the year ended May 31, 2025, stood at $154 billion [1]. This marks a decrease from the previous year's $160 billion and the lowest revenue since 2021, when it was reported at $134 billion.

The Minneapolis-based company has been grappling with declining crop prices and a shrinking American cattle herd, which have posed substantial challenges to its operations. These factors have not only affected Cargill but also its competitors, including Archer-Daniels-Midland Co., Bunge Global SA, and Louis Dreyfus Co., who are also struggling with lower crop prices.

In response to these challenges, Cargill has been restructuring its business. The company has reduced the number of business units from five to three and has cut about 8,000 jobs at the end of last year. These measures are part of a multi-year effort to simplify and modernize the company's operations, as stated by Chief Executive Brian Sikes in the annual report [1].

Despite the ongoing restructuring, Cargill's revenue has continued to decline, reflecting the broader industry challenges posed by lower crop prices. The company's strategic decisions aim to fuel growth and better serve its customers, but the impact of these measures on future financial performance remains to be seen.

References:
[1] https://www.bloomberg.com/news/articles/2025-08-12/cargill-s-revenue-falls-to-4-year-low-amid-declining-crop-prices