Cargill Archives - Page 13 of 20

U.S. livestock: CME live cattle sag despite fundamentals

By Reuters, GFM Network News May 2, 2018

Chicago | Reuters — Chicago Mercantile Exchange live cattle nearby contracts on Wednesday were weakened by funds that sold, or “rolled,” June positions into back months ahead of similar moves early next week, said traders. Nearby market losses trumped futures’ bullish discount to cash prices, strong wholesale beef values and triple-digit beef packer profits. June […] Read more

A controlled atmosphere stunning system for chicken processing. (Marel.com)

Livestock, Machinery, Poultry/Eggs

Cargill to replace chicken plant’s stunning system

By Grainews Staff, GFM Network News April 14, 2018

Agrifood firm Cargill has budgeted $22 million to swap out an electric stunning system at its London, Ont. chicken processing plant in favour of a new controlled atmospheric stunning (CAS) system. The CAS system, expected to be up and running this spring, “will help reduce handling stress with chickens, resulting in a higher-quality, more consistent […] Read more

Crops

Cargill selling Ontario grain, inputs businesses

By Grainews Staff, GFM Network News March 22, 2018

Quebec agrifood co-operative La Coop federee is set to stake a larger claim in Ontario’s grain and crop input sector with a deal for Cargill’s assets there. Cargill’s Winnipeg-based Canadian arm announced Thursday it will sell its Ontario grain and crop input outlets and its joint-venture stake in South West Ag Partners to La Coop […] Read more

Where Food Comes From (WFCF) is now the second auditing body for the Canadian Beef Sustainability Acceleration (CBSA) pilot. (WhereFoodComesFrom.com)

Beef Cattle, Livestock

Sustainable beef pilot passes first-quarter mark

By Grainews Staff, GFM Network News March 16, 2018

The packer behind the pilot of a Canadian value chain for certified sustainable beef says its first three months are proof the model is scalable as well as functional. The pilot’s first quarter “proved that a significant volume of beef can be successfully traced through a certified supply chain for the participating customers,” Gurneesh Bhandal, […] Read more

Corn, Crops, Reuters

ADM, Syngenta settle suit over biotech corn exports

By GFM Network News February 16, 2018

Chicago | Reuters — U.S. grain merchant Archer Daniels Midland has settled a lawsuit with Syngenta over the seed company’s launch of a biotech corn strain that roiled grain exports to China, according to regulatory documents filed on Friday. ADM sued Syngenta four years ago for selling the corn variety known as Agrisure Viptera or […] Read more

Cargill’s elevator at Oakner, Man., about 10 km south of Hamiota. (Hamiota.com)

Crops

Cargill to expand western Manitoba elevator

By Grainews Staff, GFM Network News January 18, 2018

Agrifood firm Cargill expects to provide more marketing opportunities for western Manitoba growers — particularly of soybeans — with a major elevator expansion. The U.S. company’s Winnipeg-based Canadian arm on Thursday announced it will put up $15 million to add 9,000 tonnes of storage capacity to its 13,500-tonne capacity elevator at Oakner, Man., about 70 […] Read more

Crops, Reuters

Rush on to reverse U.S. tax boon for ag co-ops

By Tom Polansek, GFM Network News January 12, 2018

Chicago | Reuters — Republican U.S. senators are working with some of the world’s biggest agricultural merchants to undo a last-minute provision in the tax overhaul that threatens to distort the grains market and starve private firms of corn, soy and wheat supplies. It was included during final revisions of the tax bill that passed […] Read more

CHS Inc., the biggest farm co-operative in the U.S., is seen gaining a competitive edge against private and publicly-traded grain firms from changes to tax law affecting sales of U.S. farmers’ crops and livestock. (CHS Inc. photo)

Crops, Markets, Reuters

Major U.S. grain firms fear harm from new tax law

By Mark Weinraub, Tom Polansek, GFM Network News January 10, 2018

Chicago | Reuters — The new U.S. tax law is poised to drive more control over the nation’s grain supply to farmer-owned co-operatives, provoking concern among ethanol producers and privately run grain handlers that they could be squeezed out of the competition to buy crops. Until now, the co-operatives, private companies and publicly traded firms […] Read more

Crops, Markets, Reuters

Cargill profit falls as grain glut limits trading

By GFM Network News January 3, 2018

Chicago | Reuters – Cargill Inc reported a 6 percent drop in quarterly profits on Wednesday as a global glut of grains limited trading opportunities for the food-commodities merchant. Four years of bumper grain and oilseeds harvests have squeezed profits for Cargill and main rivals Archer Daniels Midland Co, Bunge Ltd and Louis Dreyfus Corp […] Read more

Crops, News

Cargill expands its ProPricing program

This pricing program is now available to western Canadian canola and soybean growers

By Angela Lovell November 14, 2017

Cargill is expanding its ProPricing grain marketing program to canola and soybeans growers in Western Canada for the 2017-18 season. Cargill has been offering ProPricing in Western Canada only for hard spring red wheat over the past four years, but felt it was a logical time to expand into other western Canadian grown commodities. “Basically, […] Read more

Daily Network News

U.S. researchers bet on hybrid, GMO seeds to make wheat profitable again

Hormuz-driven fertilizer shortage could raise grain prices, Goldman Sachs says

Prairie forecast: Arctic air keeps spring warming at bay

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