Cargill Invests in Soybean Processing
Cargill is expanding its soybean processing capacity to meet the increasing demand for food and fuel. Upgrades are being made at seven plants. The total investment is valued at $475 million.
Articles tagged under: Cargill
Cargill Executive Expects an Exciting Year for Soybeans
In an interview with U.S. Soybean Export Council CEO Jim Sutter, Cargill’s Ag Supply Chain Division Head Joe Stone said he expects an exciting 2021 for soybeans. "I don't think we've hit the top for market prices yet, because of…
Regenerative Agriculture Supported
Cargill is supporting a plan to implement regenerative agriculture practices across 10 million acres of North American farmland over the next ten years. The use of cover crops and conservation tillage will be advocated. Cargill will offer incentives to shift…
A Small Increase in Cargill’s FY20 Income
Cargill wrapped up its fiscal year with revenues of $115 billion, up one percent from last year. Cargill, which is a privately held company, quit releasing most of its quarterly and annual financial information.
Chicago-Based Grocer Sues ‘Big Four’ Meatpackers
A class action federal lawsuit is accusing top U.S. meatpackers, Cargill, JBS, National Beef and Tyson, of artificially increasing the price of meat to boost profit margins. The claim has been filed in Minneapolis by Central Grocers. The Chicago-based grocery…
Cargill No Longer Offering Quarterly Reports
Cargill will no longer issue quarterly financial reports or annual profits. The company's board of directors decided the quarterly reporting reflects too much short-term market volatility. Cargill is privately held and it is not bound by the Federal Trade Commission…
Swenson Moves Into New Post at Cargill
Matt Swenson has been named the director of CEO communications for Cargill. For the past year and a half, Swenson was a senior specialist for Cargill's executive communications team. Previously, Swenson managed communications for Minnesota Governor Mark Dayton.
Ag Industry Represented on Administration Economic Recovery Panel
President Donald Trump is taking input from all sectors regarding a post-COVID-19 economy. For agriculture, Trump’s Great American Economic Revival Industry Group includes American Farm Bureau Federation President Zippy Duvall, Cargill CEO David MacLennan, Corteva CEO Jim Collins and Deere…
Cargill Postpones Q3 Earnings Report
Minneapolis-based Cargill will not release its third quarter earnings report March 31 as scheduled. A Cargill spokesperson says the company is focused on making the right decisions to keep the food system moving forward during the coronavirus pandemic. Cargill is…
Cargill Facilities in China Re-Open
Cargill says its plants and facilities have re-opened in China following coronavirus-driven shutdowns and quarantines. Cargill says its crop processing, chicken processing plants and financial-market operations have reopened. Cargill says none of its employees are known to have contracted coronavirus,…
