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Tag Archives Cargill — page 4

File photo outside Cargill’s beef slaughter and packing plant at High River, Alta. on May 6, 2020. (Photo: Reuters/Todd Korol)
Beef cattle, Livestock

Strike averted at Cargill’s High River beef plant

Deal that hikes wages by 21 per cent and offers large bonuses receives majority backing

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Workers at Cargill’s beef packing plant in southern Alberta have voted in favour of a contract that will hike wages by 21 per cent and provide improved health benefits. “The contract is the best of its kind and presented unprecedented gains in this time of economic and political uncertainty,” United Food and Commercial Workers (UFCW)
CME January 2022 feeder cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)
Livestock, Markets

U.S. livestock: CME cattle, hog futures finish higher

Investors' COVID concerns eased

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Chicago | Reuters — Chicago Mercantile Exchange livestock futures finished higher on Wednesday as the markets recovered after dropping the previous session to their lowest prices in more than a week. Prices rose as investors’ concerns eased about the Omicron coronavirus variant, which rattled commodity and financial markets on Tuesday, traders said. Chicago Board of
File photo outside Cargill’s beef slaughter and packing plant at High River, Alta. on May 6, 2020. (Photo: Reuters/Todd Korol)
Beef cattle, Livestock

Cargill beef plant workers to vote on new negotiated offer

High River workers otherwise headed for strike or lockout Monday

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Workers at Cargill’s major beef slaughter and packing plant in Alberta will vote this week on a new offer which it’s hoped will avert a strike or lockout, both due to start Monday. The new offer follows a “marathon” of negotiations Tuesday between Cargill representatives and the bargaining committee for United Food and Commercial Workers
File photo outside Cargill’s beef slaughter and packing plant at High River, Alta. on May 6, 2020. (Photo: Reuters/Todd Korol)
Beef cattle, Livestock

Cargill serves lockout notice on High River workers

Company 'willing to keep meeting' after offer rejected

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Updated — Whether in a strike or a lockout, workers at one of Canada’s biggest beef slaughter plants took another step toward the picket line this week by voting to reject the company’s latest contract offer. A vote conducted Tuesday and Wednesday by the United Food and Commercial Workers (UFCW) Local 401 went to the
(Dave Bedard photo)
Beef cattle, Livestock

High River beef plant workers to vote on Cargill offer

UFCW bargaining committee is recommending nay

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Workers on the verge of striking at Cargill’s major beef cattle slaughter plant at High River, Alta. will vote this week on a new contract offer from the company. However, the union bargaining committee for the workers, represented by the United Food and Commercial Workers (UFCW) Local 401, is recommending employees vote against the proposal.
UFCW Local 401 board member and Cargill employee Joseph Kog (l) and Local 401 president Thomas Hesse with their strike notice on Nov. 10, 2021. (GoUnion.ca)
Beef cattle, Livestock

Cargill beef plant workers serve strike notice

Without a deal, High River workers will walk Dec. 6

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Unionized workers at Cargill’s cattle slaughter and processing plant at High River, Alta. will start strike action next month unless a deal can be reached with the company, their union said Wednesday. A strike would begin at High River no sooner than Dec. 6 at 12:01 a.m. if a new collective bargaining agreement isn’t reached
(Dave Bedard photo)
Crops

Cargill close to resolving slow grain payments to farmers

Producers delivering now can expect their money right away, but the firm is still working on some payments for previously delivered grain

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Cargill is closer to fixing problems with paying farmers promptly for their delivered grain. “They [Cargill] have worked through most of the issues,” Canadian Grain Commission spokesman Remi Gosselin said in an interview Tuesday. “Our understanding at the grain commission is that there should be no issues on a go-forward basis for future deliveries and
(GFM file photo)
Crops, Markets

Cargill, ADM sell GrainBridge to ag software firm Bushel

'Network effect' expected in grains sector

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An online service farmers use to manage grain sales with ADM’s elevators and processing plants across Canada — along with Cargill and ADM elevators in the U.S. — is under new ownership. ADM and Cargill, the two major U.S.-based agribusinesses that set up GrainBridge in 2019, announced Tuesday they’ve sold it to Bushel, a Fargo,
CBOT November 2021 soybeans (candlesticks) with 20-, 50- and 100-day moving averages (yellow, green and black lines). (Barchart)
Crops, Markets

U.S. grains: Soybeans, corn, wheat end firmer on bargain buying

Markets up off fall from Ida damage

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Chicago | Reuters — U.S. soybean futures firmed on Thursday on bargain buying after a six-session slide and better-than-expected weekly export sales data, analysts said. Corn and wheat futures also edged higher, consolidating after recent declines. Chicago Board of Trade November soybeans settled up 5-1/2 cents at $12.83-1/4 per bushel, bouncing a day after hitting

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