Articles tagged under: Cargill

Cargill Reports Boost in 3Q Earnings

Published April 1, 2019

Cargill is reporting third quarter net earnings of $566 million on revenue of $26.9 billion. Cargill’s third quarter earnings increased 14 percent, while revenue was down four percent from last year. Cargill says adjusted operating earnings were up eight percent…
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Cargill Malt Business to be Sold

Published December 20, 2018

Pending regulatory approval, Cargill is selling its malt business to a French-based cooperative named Boormalt. Cargill has 15 malt plants around the world. Earlier this year, Cargill announced plans to close its Jamestown, North Dakota plant. With less demand for…
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ND Native to Chair Corteva Agriscience Board

Published November 1, 2018

Former Cargill CEO Greg Page will serve as the non-executive board chairman for Corteva Agriscience. DowDuPont has announced the boards for its three divisions. Page will serve on the advisory committee for Corteva Agriscience until the split is made with…
Latest NewsAg Business

Cargill Names New CFO

Published October 30, 2018

As of December 1, David Dines will replace Marcel Smits as Cargill’s chief financial officer. Dines is now the president of Cargill’s risk management division. Smits will take over as the head of Cargill Asia Pacific.
Latest NewsAg Business

Technology Joint Venture Announced

Published October 30, 2018

ADM and Cargill plan to form a joint venture called Grainbridge LLC. This effort will provide software for production, economics and grain marketing. One of the first products will ADM and Cargill transactions, including contracts, scale tickets and payment information.
Latest NewsAg Business

Four Big Ag Firms Move to Digitization

Published October 26, 2018

ADM, Bunge, Cargill and Louis Dreyfus are cooperating to standardize and digitize global their agricultural shipping business. The big four agribusiness companies will replace a manual, paper-based system with emerging technologies like artificial intelligence and blockchain. The goal is to…
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