Articles tagged under: Cargill
Sikes Elected as Cargill’s Board Chairman
Published December 21, 2023
Cargill President/CEO Brian Sikes has been elected chair of the company’s board of directors. As of January 1, Sikes succeeds Dave MacLennan who will retire as executive chair. Sikes has been with Cargill since 1991 and was named president and…Cargill Income Down From One Year Ago
Published September 21, 2023
Cargill is reporting net income of $3.8 billion for the year ending May 31. That’s down from a record $6.7 billion in the previous year. Profits were hurt by losses in Cargill’s beef and chicken business.Cargill to Expand Soy Crush Capacity in Brazil
Published August 22, 2023
Cargill has made an offer to acquire three soy crush plants in Brazil. This deal needs antitrust approval from the Brazilian government. If that happens, Cargill will own nine soybean crush facilities in Brazil.Cargill Releases Year-End Financials
Published August 14, 2023
Cargill ended the fiscal year with revenues of $177 billion. That's up seven percent from fiscal year 2022. In the past year, Cargill invested in a joint venture with Wayne-Sanderson Farms and aquired Owensboro Grain Company.Cargill-Deere Collaboration
Published July 12, 2023
Cargill and John Deere are working together to streamline the digital and in-field experience for farmers using John Deere technology and participating in the Cargill RegenConnect program. The Cargill program provides farmers a financial incentive for the adoption of regenerative…Cargill Takes a Step Back from Russian Market
Published March 30, 2023
Cargill Inc. stated it would take a further step back from the Russian market by no longer handling the country’s grain at its export terminal, although its shipping unit will continue to carry grain from the country’s ports. Cargill says…Cargill Closes Lake Michigan Grain Facility
Published March 3, 2023
Cargill has permanently closed its grain facility at the Ports of Indiana-Burns Harbor on Lake Michigan. A report says Cargill will relinquish its control of the facility to the Ports of Indiana June 1. The search is on for a…Joint Venture Expands
Published January 13, 2023
CHS and Cargill are planning to expand the scope of their TEMCO export capabilities. A Cargill-owned export grain terminal in Houston will be added to this joint venture. TEMCO currently operates three facilities in the Pacific Northwest, Portland and Kalama/Tacoma,…Cargill Appoints Acting CFO
Published January 10, 2023
Joanne Knight has been named the acting chief financial officer for Cargill, replacing Jamie Miller who resigned. Knight currently is the vice president of finance for Cargill’s Agriculture Supply Chain business.