Agriculture company Cargill Philippines Inc. projects 2012 profits will grow by double digits with increased sales of animal feed, according to Cargill country representative Philip G. Soliven.

According to Soliven, the company expects growth of 10 percent to 20 percent, driven by activity in processing wheat grains for the animal feed industry. The company also plans to further promote business activities in Mindanao, Philippines, Soliven said.