Cargill expands risk management services to base metals
MINNEAPOLIS – Cargill is expanding its commodity price risk management solutions and products to include base metals derivatives.
“At the core of our business is working with customers to understand and mitigate their commodity price risk and structure customized solutions to meet their needs,” said Mike LeSage, who heads Cargill’s Risk Management business unit. “Given the increasing market volatility in metals, we believe there is substantial opportunity to provide companies with risk management tools to stabilize pricing and ultimately expand or defend market share.”
Cargill Financial Services Europe Limited (CFSEL) will be applying for a Category 2 membership with the London Metal Exchange (LME).
About Cargill Risk Management
Cargill has provided risk management products and services to corporate clients, institutional investors and commodity producers since 1994. In addition to agricultural commodities, Cargill provides global risk management solutions in energy, metals and currency through its 17 offices in 12 countries. For more information, visit: www.cargillriskmanagement.com.
Cargill provides food, agriculture, financial and industrial products and services to the world. Together with farmers, customers, governments and communities, we help people thrive by applying our insights and nearly 150 years of experience. We have 145,000 employees in 67 countries who are committed to feeding the world in a responsible way, reducing environmental impact and improving the communities where we live and work. For more information, visit Cargill.com and our News Center.