6 ms·
Isn't the title of this a bit misleading? Cargill doesn't sell corn flakes, it (possibly) sells physical grain to Kellogg's, or derivative products to hedge Kel
by scarletham 13y ago
Isn't the title of this a bit misleading? Cargill doesn't sell corn flakes, it (possibly) sells physical grain to Kellogg's, or derivative products to hedge Kellogg's exposure.
- josefresco 13y agoIf the point was to attract a more general audience to the subject matter I'd say the title was accurate enough.
- nonchalance 13y agoYou clicked the link -> mission accomplished
- crucini 13y agoAgreed. The folks who sell corn flakes could refer to either a) Grocery and general merchandise stores or b) Consumer packaged goods companies.
- protomyth 13y agoI would say the title is an indication of how bad the article actually is. It is a shame they wrote such an information free article. Cargill is a fairly interesting company and like all big and small grain companies, they hedge their inventory. Grain is a very low margin business and it is very important to protect both the company and the farmer from market volatility. This does tend to put these companies in the financial instruments business and they do tend to expand past agriculture. disclaimer: worked for Cargill at one time and will not go into any depth other than to say the article is a bit information lite and the title is horrible, ill-informed dreck that I expect.