Cargill Archives - Page 12 of 41 - Manitoba Co-operator

Walmart creating own Angus beef supply chain

By GFM Network News, Tom Polansek April 24, 2019

Reuters — Walmart Inc. is taking control of the supply chain for Angus beef sold in some of its stores, cutting out meat processors as the company looks to offer higher quality products in an intensely competitive grocery industry. The world’s largest retailer said Wednesday the move would allow it to ensure supplies of quality

Beef cattle, Livestock, Markets

R-CALF suit alleges U.S. packers conspired to suppress fed cattle prices

By GFM Network News, Jonathan Stempel April 23, 2019

Reuters — Four of the largest U.S. beef-packing companies were accused in a lawsuit on Tuesday of violating federal antitrust law by conspiring to drive down prices they paid ranchers for cattle, even as retail beef prices hovered near record levels. Tyson Foods, Cargill, the JBS USA unit of Brazil’s JBS and National Beef Packing

A freighter is loaded with grain from a terminal at Vancouver’s Burrard Inlet. (Maxvis/iStock/Getty Images)

Crops

Regulator rips CN’s use of freight embargoes at West Coast

By GFM Network News, Gfm Staff April 15, 2019

Canadian National Railway has been found in breach of its service obligations on grain and other traffic by a federal regulator aiming to crack down on the company’s use of freight embargoes. The Canadian Transportation Agency on Monday released its determination on “possible freight rail service issues in the Vancouver area” last fall. The regulator

Louis Dreyfus’ oilseed processing plant at Yorkton, Sask. (LDC.com)

Crops

Grain trade regional tie-ups seen more likely over mega-deals

By GFM Network News, Reuters March 26, 2019

Paris | Reuters — The agricultural trading industry can expect more consolidation at a regional level in an effort to improve margins, but big deals between global merchants are becoming more difficult, Louis Dreyfus’ CEO said. Merchants have been grappling with lower profits from sourcing and shipping commodities such as grain and oilseeds, prompting cutbacks

Nebraska State Police tweeted aerial footage on March 15, 2019 showing cattle stranded on tiny islands in floodwaters around Fremont, about 50 km northwest of Omaha. (Nebraska State Police photo via @NEStatePatrol on Twitter)

Markets, Weather

U.S. farm belt slammed by floods, heavy snow from bomb cyclone

By GFM Network News, Karl Plume March 18, 2019

Reuters — A harsh late-winter storm broadsided a vast swath of the U.S. agriculture industry this week as heavy snow closed roads and buried cattle in the Plains while excessive rain flooded Midwest fields and swamped grain elevators. A “bomb cyclone” hurled hurricane-force winds, sparked tornadoes and dumped heavy snow and rain across the Plains

Strip steak with mushrooms. (Photo courtesy Canada Beef Inc.)

Markets

Pacific pact spurs Canadian ag sales to Japan as U.S. watches

By GFM Network News, Rod Nickel January 10, 2019

Winnipeg | Reuters — At the Canadian embassy in Tokyo last month, beef promoters flew in a chef from Canada to cook New York strip steaks for hungry Japanese importers and restaurant suppliers. The annual Canadian beef buffet reception attracted 126 people, up sharply from the usual 30 to 40. A trade deal among Pacific

Markets

Cargill’s net earnings down as trade fight bites

By GFM Network News, P.J. Huffstutter January 3, 2019

Chicago | Reuters — Grains trader Cargill on Thursday reported a 20 per cent drop in its fiscal second-quarter 2019 net earnings, as global trade tensions hit the bottom line along with challenges in the Chinese hog sector and a struggling U.S. dairy business. Three of the company’s four business units reported results that were

A sign, declaring the U.S. National Archive closed due to a partial federal government shutdown, is shown on Dec. 22 in Washington, D.C. (File photo: Reuters/Joshua Roberts)

Crops, Markets

Is China buying U.S. soy? Washington shutdown keeps traders guessing

By GFM Network News, Julie Ingwersen December 28, 2018

Chicago | Reuters –– Commodity traders are in the dark because of the partial U.S. government shutdown, unable to see daily and weekly reports of agricultural exports to obtain clues as to whether China is following through with promises to buy grain and soy amid the ongoing trade war. Traders have been anxiously awaiting proof

Crops

European malting giant to buy Cargill Malt business

By Dave Bedard, GFM Network News December 20, 2018

Cargill’s Prairie Malt plant in western Saskatchewan is destined for new European ownership under a deal publicly proposed Thursday. The Boortmalt Group, the malting arm of French agricultural co-operative Axereal, has announced its “intention to enter into an agreement” to buy Cargill Malt from the U.S. agrifood firm for an undisclosed sum. Boortmalt, which bills

Cargill’s ag input centre at Harrow, Ont., will need to find a new owner under order from federal regulators. (VisitHarrow.ca)

Crops

La Coop federee’s Ontario grain play cleared

By GFM Network News, Gfm Staff November 14, 2018

La Coop federee’s plans to expand into southern Ontario’s grain handling and crop input retail sectors are now down by four retail sites. The federal Competition Bureau said Tuesday it has an agreement in place for its approval of a deal which will see Cargill’s Ontario grain and ag retail outlets and its joint-venture stake

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

Tag Archives Cargill

Walmart creating own Angus beef supply chain

R-CALF suit alleges U.S. packers conspired to suppress fed cattle prices

Regulator rips CN’s use of freight embargoes at West Coast

Grain trade regional tie-ups seen more likely over mega-deals

U.S. farm belt slammed by floods, heavy snow from bomb cyclone

Pacific pact spurs Canadian ag sales to Japan as U.S. watches

Cargill’s net earnings down as trade fight bites

Is China buying U.S. soy? Washington shutdown keeps traders guessing

European malting giant to buy Cargill Malt business

La Coop federee’s Ontario grain play cleared

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