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📊FAO MEAT INDEX122.3 +8.7%
🥩US BOXED BEEF$7.80/kg +$0.12
🐓BRAZIL CHICKEN$2.80/kg -$0.05
🐷EU PORK€2.40/kg +€0.08
🐑AU LAMB$8.50/kg +$0.20
🐃INDIA BUFFALO$3.80/kg +$0.04
🐟NORWAY SALMON€6.40/kg -€0.15
🦐INDIA SHRIMP$3.20/kg -$0.08
🥚US EGGS$1.89/dz -$1.12
🌽CBOT CORN$4.85/bu +$0.06
🌾CBOT SOYBEAN$10.20/bu +$0.14
🐓INDIA BROILER₹165/kg +₹3
📊FAO MEAT INDEX122.3 +8.7%
🥩US BOXED BEEF$7.80/kg +$0.12
🐓BRAZIL CHICKEN$2.80/kg -$0.05
🐷EU PORK€2.40/kg +€0.08
🐑AU LAMB$8.50/kg +$0.20
🐃INDIA BUFFALO$3.80/kg +$0.04
🐟NORWAY SALMON€6.40/kg -€0.15
🦐INDIA SHRIMP$3.20/kg -$0.08
🥚US EGGS$1.89/dz -$1.12
🌽CBOT CORN$4.85/bu +$0.06
🌾CBOT SOYBEAN$10.20/bu +$0.14
🐓INDIA BROILER₹165/kg +₹3
Intelligence / Feed Intelligence / Companies / Cargill Animal Nutrition
Multi-SegmentGlobalPrivate

🇺🇸 Cargill Animal Nutrition

Wayzata, Minnesota, USA · Est. 1865

The animal nutrition division of Cargill — the world's largest privately-held company. Cargill Animal Nutrition is the #1 compound feed manufacturer globally by volume, producing approximately 70 million MT/year across 300+ facilities in 30 countries. In India, Cargill operates aqua feed plants in Andhra Pradesh competing directly with Avanti Feeds in the vannamei shrimp feed market — and has recently expanded poultry feed distribution. Its global procurement advantage (owning grain origination in USA, Brazil, and Argentina) gives it structural cost advantages over India-only competitors.

Revenue
$25.0B
2023
Capacity
70M MT
MT / year
EBITDA Margin
6.5%
operating margin
Employees
35,000
headcount
Revenue History
USD Million (estimated segment)
Animal Nutrition segment (estimated; Cargill total ~$177B)
$0$13.5B$27.0B2020202120222023$25.0B
Revenue by Feed Segment
Segment Breakdown
Poultry Feed
38%
Aqua Feed
22%
Ruminant Feed
28%
Swine Feed
12%
Intelligence
Key Facts
#1 compound feed manufacturer globally — 70M MT/yr across 300+ plants in 30 countries
India aqua feed operations in AP compete directly with Avanti Feeds for vannamei shrimp farmer market
Grain origination advantage: Cargill owns the soy/corn supply chain from farm to feed mill
Private company — no public filings; financials are estimated from sector reports and Cargill group disclosures
Investment Highlight
Not publicly listed — but its India expansion signals high conviction in India aqua feed growth; direct competitive threat to Avanti Feeds
Geographic Footprint
Operating Countries
USABrazilThailandIndiaIndonesiaVietnamEUChinaMexico
Company At a Glance
Revenue
$25.0B
2023
Scope
Animal Nutrition segment (estimated; Cargill total ~$177B)
Capacity
70M MT
per year
Feed Mills
300
plants
EBITDA Margin
6.5%
operating
Employees
35,000
headcount
Founded
1865
161 years
Data Provenance
Source
Cargill Annual Report 2023 (group), CLFMA of India, industry analyst estimates, Reuters
Reporting Period
Calendar year 2023
Last Verified
July 2026
~ Estimated — derived from available data
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