Standard&Poor's Ratings Services derives its 'A' corporate credit rating on Cargill Inc. from: Our anchor of 'a-', based on our "strong" business risk and "intermediate" financial risk profile assessments for the company. Our comparable rating analysis, which had a positive one-notch impact on the rating outcome. Global agribusiness leader; Geographic and product diversity; and Generally prudent risk management practices that mitigate earnings volatility risk associated with the company's commodity trading operations. Significant working capital swings, depending on the level of grain inflation; Improved credit measures likely to be sustained; and Large highly-liquid inventory balances that are netted against working capital-related debt balances. The stable outlook reflects our expectation that the company will sustain its improved operating performance and
