Cargill Archives - Page 11 of 20

Beef Cattle, Livestock, Markets, Reuters

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

By GFM Network News 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 […] Read more

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

Crops, Machinery

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

By GFM Network News 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 […] Read more

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

Crops

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

By Reuters, GFM Network News 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 […] Read more

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)

General, Markets, Reuters, Weather

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

By GFM Network News 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 […] Read more

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

General, Markets, Reuters

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

By Rod Nickel, GFM Network News 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 […] Read more

General, Markets, Reuters

Cargill’s net earnings down as trade fight bites

By GFM Network News 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 […] Read more

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, Reuters

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

By GFM Network News 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 […] Read more

Barley, Crops

European malting giant to buy Cargill Malt business

By 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 […] Read more

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 Glacier FarmMedia staff, GFM Network News 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 […] Read more

General, Markets, Reuters

Beef demand, crush margins boost Cargill’s Q1 ledger

By GFM Network News September 27, 2018

Reuters — Grains trader Cargill reported a nearly five per cent rise in quarterly profit on Thursday as global demand for beef and improved oilseed crushing results offset challenges in several business units. But Cargill also faced various headwinds across the company — particularly in its protein and food ingredients units, both of which have […] Read more

U.S. livestock: Cattle futures hit new highs on resilient consumer demand

Corteva raises annual profit forecast after strong first-half performance

U.S. grains: Wheat hits 5-year low, corn at contract lows as supply pressure builds

GFM Network News

U.S. livestock: Cattle futures hit new highs on resilient consumer demand

Corteva raises annual profit forecast after strong first-half performance

U.S. grains: Wheat hits 5-year low, corn at contract lows as supply pressure builds

Tag Archives Cargill

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

Beef demand, crush margins boost Cargill’s Q1 ledger

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