Oct 4 Global commodities trader Cargill Inc
on Tuesday reported a 66.4 percent rise in net
quarterly profit, helped by lower beef prices due to increased
cattle supplies and renewed demand.
The privately held company said net income rose to $852
million in the first quarter ended August 31 from $512 million a
Excluding items, the Minnesota-based company's operating
profit rose to $827 million from $611 million a year earlier.
Revenue fell marginally to $27.1 billion from $27.5 billion.
(Reporting by Karl Plume in Chicago and Arathy S Nair in