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An attack of angst : Assessing a new management team ; Erv Kelm as chief executive officer ; Farm policy uproar and Cargill’s middents plan ; “Food for peace” ; The European economic community and its common agricultural policy ; Two uneasy years ; “Can chase help us?” ; Tightening the organization ; Nutrena and Tradax brought closer to Cargill ; A russian bombshell: wheat purchases ; “Comfort levels” rise markedly

A return, an unexpected result : The futures market ; May 1963 - the company goes long ; A digression about previous dealings in oats ; A Spanish sale and the last day of trading ; CEA charges: manipulation of price ; The company becomes a crusader ; The wheat case: a reprise ; “Boss town” of the country ; Cargill’s centennial celebration ; A more substantive look at this 100-year-old company ; Some postscripts ; How should the company organize internationally?

India’s hunger, beachhead in Japan, a tragedy : “Aggressive diversification” ; Innovating in Japan’s backyard ; Cargill aspires to be a “first mover” ; Cargo carriers - a “cash cow”? ; Corn milling: small beginnings - but wow! ; Salt: backhaul success ; Fire ; Aftermaths ; A new calamity ; The green revolution ; Riding a rollercoaster: the international grains arrangement ; Cargill’s 1967-1968 results: keeping the pace? ; “Serious difficulties”

Three strong years : “Startling” disclosures ; Cargill seeds in Argentina ; Working again in Brazil ; Cargill seeds in the United States ; Blight! ; Cargill fights the blight ; “Market domination” in seed? ; A seed sale to Iraq has unfortunate results ; Dedication to training, generation two ; Bomb threats ; “Three strong years” - the substance ; Cargill performance versus the industry ; The seven major food processors ; Cargill passes continental?

A surprise: the Russians again buy grain : Cargill and continental score again ; Startingly large deals are struck ; The Russians want credit ; “The Russians are here” ; Cargill’s struggle for sales ; A next tranche ; The markets wake up ; Export subsidies are terminated - not cleanly ; Two-tier system and telephone calls to the “big six” ; Path of disclosure or lack thereof ; The special importance of the July sales ; A “revolving door” controversy ; Were the farmers “cheated of profits”? ; Travails of the wheat export subsidy program ; A fall season of high politics ; Hassles about shipping the wheat ; The remarkable record crop year, 1972-1973

Years of high drama ; How much in dividends? ; Deepening management ; Loosening constraints ; “No dabbling in small ventures” ; New acquisitions, new directions ; The soybean embargo of 1973 ; How the industry - and Cargill - handled the soybean crisis ; Required to report - but to whom? ; Inflation becomes a bugaboo ; Allegations of “boxcar blackmail” ; Small-quantity problems in Iowa ; A new player - the house committee on small business ; Settling the “boxcar blackmail” issue - ex parte no. 307

The “grain scandal” : The controversy broadens ; Fred Seed speaks ; Cargill tries an “op ed” ; The Russians - again! ; Reaffirming Cargill’s integrity ; The Cargill affirmative action program ; Are “overages” a sign of cheating? ; Finally, Cargill also is drawn in ; A new grain standards law

The multinational hearings : Cargill’s attempt to take over the Missouri Portland cement company ; Senator Church’s unpleasant surprise ; The Russians queried ; Swiss authorities intrude ; The GAO report informs ; The heady days of June ; Senator Percy urges a change of heart ; The executive session ; The first day: newspaper headlines ; Cargill on the stand ; Will large profits be misinterpreted? ; Tradax revisited ; The church subcommittee calls it quits ; The federal trade commission backs off ; Assessing the subcommittee on multinational corporations hearings ; The knotty question of bribery abroad ; Revelations abound ; Cargill discloses its irregular payments ; “Soviet graindoggle” ; The farmers pull a surprise

The Cargill culture - a reprise : The Kelm years ; Two decades: preparation, fruition ; The 1970s - halcyon, then turbulent ; Diversification, becoming global ; Organizational déjà vu ; Was the “Cargill culture” still relevant? ; Transition, family leadership again ; The Kelm years - an afterword