Marubeni posted a record loss of $1.8 billion for the past year. That’s after a net profit of $2.1 billion a year earlier. Marubeni is a Japanese conglomerate that is involved in everything from grain trading to oil and aerospace. The U.S. agribusiness division includes Gavilon, Columbia Grain and Pacificor. Gavilon and Columbia Grain work together to source grain, exporting the product to Japan and other countries through Pacificor’s shipping facilities.
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