To my surprise, Cargill showed up on the list of the top 100 companies that dominate federal subsidies along with corporations like Bank of America and the Bank of Ireland.
Cargill ranked #93 on the list of corporations that receive federal loans, loan guarantees and bailout assistance and stands alone as the only ag-related company. Their total take was $5.1 billion. The closest neighbors on the list: #94 Synovus Financial. #92 is Best Bank.
I am just starting to check on the figures and why Cargill needed $5 billion in subsidies when the company boasts of being one of the world’s Pillars of Plenty.
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