NEW YORK (Standard&Poor's CreditWire) April 7, 1999--Standard&Poor's today assigned its 'A-1' commercial paper rating to Cargill Inc.'s 4(2) Extendible Commercial Note Program and its single-'A'-plus rating to the company's $250 million senior notes due 2009. The single-'A'-plus long-term corporate credit and senior unsecured debt ratings, as well as the 'A-1' short-term corporate credit and commercial paper ratings, for the company were affirmed. The outlook is stable. Cargill's investment-grade rating is supported by its position as one of the world's leading agribusiness companies, with major market positions in agricultural processing and merchandising, industrial production, and financial services. The company's product and geographic diversity, as well as a vast communication and transportation network, helps optimize commodity movements and
