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

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

Beef cattle, Livestock, Markets

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

Daily Network News

Porcine Epidemic Diarrhea found on a southern Alberta farm

Indonesia opens market to Canadian pork, expands beef access

IGC February report adjusts world data

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