Aussie Deal Made Between Viterra and Cargill
Viterra is acquiring five grain handling facilities from Cargill in Australia. The deal is subject to Australian regulators. The price tag for the acquisition was not announced.
Articles tagged under: Cargill
An Earnings Decline for Cargill
Cargill wrapped up its fiscal year with revenues of $160 billion, down from $177 billion a year ago. Last week, Cargill announced a reorganization a week ago, reducing the number of business units from five to three.
A Reorganization for Cargill
Cargill is planning to streamline its operations from five business units to three. The new three business units will focus on food, agriculture and trading and a specialized portfolio. The head of Cargill’s protein and salt business, Jon Nash, will…
A Milestone for Cargill Canola Project
Cargill has announced the construction of its new canola facility in West Regina, Saskatchewan has moved beyond the halfway point. This crush plant will be able to process 1 million metric tons of canola per year. The plant is expected…
Developing Genetics for Winter Camelina and Pennycress
Cargill and the University of Minnesota have announced new research collaboration. The focus will be on the development of new seed varieties of winter camelina and pennycress designed for the unique conditions of the Upper Midwest. Sustainable aviation fuel and…
CHS to Acquire Eight Grain Assets from Cargill
CHS has signed an intent-to-purchase agreement with Cargill to acquire eight grain elevators in five states. The assets included in the sale include facilities in Pipestone and Maynard, Minnesota; Parker, South Dakota and locations in Illinois, Nebraska and Colorado. CHS…
USDA & Cargill Settle Packers and Stockyards Case
USDA and Cargill Meat Solutions have reached a settlement agreement on a violation of the Packers and Stockyards Act that occurred in March of 2022. Cargill self-reported that its beef grading cameras were installed incorrectly, resulting in inaccurate yield grades…
Sikes Elected as Cargill’s Board Chairman
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
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
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.
