“We have not and will not build a terminal until all required permits are in place and we have consulted with local communities.” – Cargill.

Cargill faces Brazil criminal probe over Amazon port project

Investigation centres around whether land acquisition was proper

Reuters – Brazilian federal prosecutors are investigating transactions involving grains trader Cargill and a Brazilian partner after they found “irregularities” in the acquisition of disputed land where the U.S. company plans to build a massive river port in the Amazon rainforest. A spokesperson for the federal prosecutors’ office in Brazil’s Para state said they opened


(Dave Bedard photo)

Cargill agrees to sell stake in Russian grain terminal

Buyer says deal under government review

Reuters — U.S.-based commodities trader Cargill said on Thursday it had agreed to sell its stake in a Russian grain terminal to Russia’s Delo Group. “In line with Cargill’s earlier announcement to stop the export of Russian grain in July 2023, we can confirm we have reached an agreement with Delo to sell our 25

The maritime industry accounts for nearly three per cent of global carbon dioxide emissions.

The rebirth of sail-based shipping?

Cargill charters ship to test modern wind power at sea

Reuters – A dry bulk ship chartered by Cargill has launched on its first voyage to study how harnessing wind power can cut greenhouse gas emissions and energy use in the shipping sector, the U.S. commodities group said Aug. 21.  The maritime industry, which accounts for nearly three per cent of global carbon dioxide emissions

Liberia-flagged bulker K Sukret, carrying grain under the Black Sea Grain Initiative, waits for inspection in the southern anchorage of Istanbul on May 17, 2023. (Photo: Reuters/Mehmet Emin Caliskan)

Black Sea grain shipments shrink amid Ukraine deal doubts, Cargill exec says

'Grey/black' fleet seen handling more Russian traffic

London | Reuters — South American grain exports are set to overshadow Black Sea shipments this year as doubts grow over a U.N.-backed Ukraine deal and international traders cut commercial activities in Russia, a top executive with major commodities group Cargill said. The Black Sea grain deal, which allows the safe passage of grains through


(Dave Bedard photo)

Cargill to sell China poultry unit

Reuters – U.S. agribusiness giant Cargill said it is selling its poultry business in China to private equity firm DCP Capital, exiting a Chinese meat market that has become increasingly challenging for foreign players. The sale of the unit, known as Cargill Protein China, is subject to regulatory approvals but is expected to close this

‘Regen ag’ is all the rage, but it’s not going to fix our food system

Its being touted by companies, but other schools of thought are being pushed to the margins as a consequence

Decades of industrial agriculture has had its costs. Soils have deteriorated and plant and animal species are disappearing. Landscapes are degraded and small-scale farmers are struggling. It’s little wonder we’re looking for more sustainable and just ways of growing food and fibre. Regenerative agriculture is one alternative creating a lot of buzz, especially in rich,

Brazilian meatpacker JBS SA’s logo on a tower in Jundiai, northwest of Sao Paulo in southeastern Brazil, on June 1, 2017. (File photo: Reuters/Paulo Whitaker)

JBS to pay US$25 million in latest beef price-fixing settlement

Settlement calls for co-operation in cases against other defendants

Reuters — JBS SA has agreed to pay US$25 million to commercial beef purchasers that accused the meat-packing company of conspiring with industry rivals to restrict market supply in order to keep prices artificially high. The proposed settlement in Minnesota federal court was disclosed on Friday from plaintiffs’ lawyers representing a class of businesses that


CBOT May 2023 soft red winter wheat with 20-day moving average, MGEX May 2023 hard red spring wheat (yellow line) and K.C. May 2023 hard red winter wheat (orange line). (Barchart)

U.S. grains: Wheat up on Cargill’s Russia decision

Corn firm ahead of U.S. planting report; soy up on Argentina concerns

Reuters — Chicago wheat futures rallied and closed higher on Wednesday, after global grain trader Cargill said it would take a further step back from the Russian market by no longer handling the top wheat supplier’s grain at its export terminal from July. Cargill’s shipping unit will continue to carry grain from the country’s ports,

(Dave Bedard photo)

Cargill plans to halt grain export activities in Russia

Viterra also set to halt grain trading in Russia, sources say

Moscow/Chicago | Reuters — Cargill said Wednesday it would take a further step back from the Russian market by stopping handling Russian grain from its export terminal from July, although its shipping unit will continue to carry grain from Russian ports. Most international grain traders have stopped new investment in Russia since last year following