Cargill Inaugurates Grain Silo in Morocco

By Cargill, PRNE
Thursday, June 9, 2011

CASABLANCA, Morocco, June 10, 2011 -

Cargill has inaugurated its new grain and oilseed silo in
Morocco. The US $15 million, 67,000-metric-tonne storage facility is situated
close to the port of Casablanca and is well connected to transport networks
by rail.

The new silo will allow Cargill to improve the discharging
rates of its vessels, allowing it to better manage its logistics. It will
enable the company to grow its service to Moroccan customers in the flour
milling and compound feed industry, including the growing sector of large
scale customers who require whole vessel discharges and also small scale
customers purchasing smaller quantities of grain. It also will open up new
business opportunities for Cargill in Morocco.

The inauguration was attended by Mr Akhannouch, Moroccan
minister of agriculture, Mr Michael De Tar, acting United States (US) consul
general, as well as other senior Moroccan government officials and US
consular delegates.

"Morocco has a young, fast growing population with improved
access to education. People's rising spending power is influencing dietary
and food purchasing choices and this has led to an increasing consumption of
vegetable oils and animal protein, adding to the existing high wheat
consumption," said Larbi Hamdouch, general manager of Cargill's grain and
oilseeds operations in Morocco. "This investment highlights our commitment to
the country and its economy and will allow us to link more efficiently into
Cargill's global network to connect surplus grain, from other parts of the
world, to our Moroccan customers."

The facility, employing around 12 people, has been built to
the highest standards, using Cargill's global best practice technology to
achieve an efficient and safe operation. Its link to rail networks means that
truck traffic through the city of Casablanca will be reduced, bringing
environmental benefits to the community.

Notes for editors:

Cargill

Cargill is an international producer and marketer of food, agricultural,
financial and industrial products and services. Founded in 1865, the
privately held company employs 131,000 people in 66 countries. Cargill helps
customers succeed through collaboration and innovation, and is committed to
sharing its global knowledge and experience to help meet economic,
environmental and social challenges wherever it does business.

For more information, visit www.cargill.com.

Cargill in Morocco

Cargill has been active in Morocco since 1997 and has operations in the
trading, distribution and storage of grains and oilseeds, risk management and
technical services, specialty food ingredients including texturizers,
flavours and sweeteners. It operates from Casablanca, Fez and Essaouira,
employing around 120 people.

CONTACT:

Wendy Garbutt: +44(0)1932-861174, Wendy_Garbutt@Cargill.com

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