Cargill Archives - Page 11 of 41 - Manitoba Co-operator

Bean burgers made with canola protein powder at Burcon’s alternative meats protein lab in Winnipeg, Manitoba, Canada August 23, 2019. Picture taken August 23, 2019. REUTERS/Shannon VanRaes

Big Ag wants a cut of booming fake-meat market

By GFM Network News, Rod Nickel, Tom Polansek September 11, 2019

Winnipeg/Chicago | Reuters — Bunge, one the world’s biggest grain traders, recently disclosed the 1.6 per cent stake it had purchased in the fast-growing fake-meat startup Beyond Meat. The play looked smart after the stock surged more than 250 per cent since the faux burger and sausage maker’s initial public offering in May. Indeed, Beyond

Workers sit outside the Tyson Fresh Meats processing plant at Holcomb, Kan. on Aug. 12, 2019, three days after a fire heavily damaged the facility. (Photo: Reuters/Adam Shrimplin)

Beef cattle, Livestock, Markets

USDA to probe beef market after Tyson plant fire

By GFM Network News, Tom Polansek August 28, 2019

Chicago | Reuters — U.S. Agriculture Secretary Sonny Perdue ordered an investigation into widening prices between cattle and beef on Wednesday after a recent fire at a Tyson Foods slaughterhouse in Holcomb, Kansas, shut the plant. Cattle prices have tanked because the fire temporarily eliminated a key buyer of livestock. Producers have worried that meat

File photo of lentils being moved into bins in Saskatchewan. (Bobloblaw/iStock/Getty Images)

Crops

Cargill not taking glufosinate-desiccated lentils

By GFM Network News, Gfm Staff August 11, 2019

One of the world’s biggest grain companies has decided not to chance accepting Canadian lentils that were desiccated with a well known herbicide. Cargill announced Friday it will now have a “no tolerance” restriction on glufosinate ammonia in its grain delivery terms for lentils, including lentils that have had the Group 10 herbicide applied in

Hogs, Livestock

Cargill shuts China feed mills as swine fever spreads

By GFM Network News, Rod Nickel, Tom Polansek July 12, 2019

Chicago | Reuters — Cargill shuttered animal-feed mills in China in recent months partly because the rapid spread of a fatal hog disease has reduced demand, a company executive said Friday. The closures highlight the pain for global agriculture companies from the outbreak of African swine fever in China, the world’s top hog producer and

Markets, Weather

Cargill quarterly profit drops on trade tensions, U.S. floods

By GFM Network News, Karl Plume July 11, 2019

Chicago | Reuters — Global commodities trader Cargill reported a 41 per cent drop in adjusted quarterly profit on Thursday, citing supply disruptions stemming from the U.S.-China trade war and also flooding in the central United States that hit marketing and transportation of grains and livestock. Cargill, the largest privately held U.S. company, said adjusted

Crops, Markets, Weather

Major grain traders face one-two punch from U.S. floods, trade war

By GFM Network News, Karl Plume July 11, 2019

Chicago | Reuters — Severe U.S. weather likely dented earnings for large grain companies including Archer Daniels Midland and Bunge for a second straight quarter, adding to headwinds from a still-unresolved U.S.-China trade war, analysts and economists said. ADM and Bunge, as well as peers Cargill and Louis Dreyfus, known as the ABCD quartet of

Crops, Markets

U.S. CFTC awards nearly US$2.5 million to Cargill whistleblower

By GFM Network News, Reuters June 25, 2019

Chicago | Reuters — The U.S. Commodity Futures Trading Commission has awarded about US$2.5 million to a whistleblower in a 2017 case against global grain trader Cargill over alleged violations in how it handled trades, the agency said Tuesday. The award, while significant in size, was reduced “because of the whistleblower’s delay in reporting” the

Jim Smolik, shown here in a 2014 photo, contravened two sections of the Conflict of Interest Act, Ethics Commissioner Mario Dion says in a report released May 30, 2019. (Manitoba Co-operator photo by Allan Dawson)

Crops

Former CGC assistant chief commissioner broke conflict rules

By Allan Dawson, GFM Network News June 3, 2019

Jim Smolik, a former Canadian Grain Commission (CGC) assistant chief and acting chief commissioner, contravened post-employment obligations under the federal Conflict of Interest Act while working for Cargill Canada. That’s according to a 24-page report released May 30 by Conflict of Interest and Ethics Commissioner Mario Dion. Dion ruled Smolik breached Sections 33 and 35(2)

Beef cattle, Livestock

Cargill moves beyond pilot program for sustainable beef

Its foray into sustainable beef was successful enough that the company is  making it a standing program, with some improvements coming down the pipe

By Alexis Stockford May 22, 2019

Last year was good for Cargill’s sustainable beef pilot project — good enough that the company is turning it into a standing program. The pilot is currently the only source for beef verified under the Canadian Roundtable for Sustainable Beef (CRSB) standards. Producers audited to the standard can expect an extra payment for their cattle,

Ardent Mills’ flour mill at Rush City, Minn., about 80 km north of St. Paul. (ArdentMills.com)

Cereals, Crops

Ardent Mills to close four U.S. flour mills

By GFM Network News, Karl Plume May 10, 2019

Reuters — Ardent Mills will close three U.S. flour mills next month and a fourth in the first quarter of 2020, the flour miller and food ingredient maker announced Friday. The company, a joint venture between ConAgra Foods, Cargill and CHS, said the closures were necessary due to “anticipated demand and to enhance the efficiency

Daily Network News

Feds pause update on food from cloned livestock

U.S. livestock: Cattle futures end limit down

AAFC makes few changes to November S/D report

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