Articles tagged under: Cargill
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…Cargill 1Q Net Earnings Up Five Percent From Last Year
Published September 28, 2018
Cargill is reporting adjusted operating earnings for the first quarter of $883 million. That’s down from $888 million one year ago. Net earnings topped $1 billion. The oilseed processing business, which includes canola, soybeans and biodiesel, had solid gains. The…Cargill Invests in Brazilian Swine Data Company
Published September 14, 2018
Cargill has assumed a minority ownership stake in Agriness, a Brazilian company that has produced a cloud-based digital platform for swine production management. The system allows farmers to track performance issues like weight gain and production costs.Cargill Releases 4Q and Year-end Financials
Published July 13, 2018
Cargill is reporting net earnings for 2018 of $3.1 billion. That’s up nine percent from last year. For the fourth quarter, net earnings totaled $711 million, more than double last year’s $347 million. Cargill’s animal nutrition and protein segments were…DowDuPont Advisory Committee Adds Members
Published July 9, 2018
DowDuPont has announced new members of its advisory committees. For the Corteva Agriscience division, the new members are former Agriculture Secretary Mike Johanns and former Cargill CEO Greg Page. The committee will support the DowDuPont leadership team as it moves…Abengoa Sells Cane Plants to Cargill
Published June 14, 2018
Cargill has agreed to purchase two sugarcane processing plants in Brazil. These facilities are currently owned by the biofuels company Abengoa Bioenergia. which is going through bankruptcy. Brazilian media reports the sale is valued at $80 million.Cargill Buys Larger Share of Argentine Joint Venture
Published May 31, 2018
Cargill now has majority interest in its joint venture with the Argentine agribusiness firm called Ledesma. The Minnesota company paid $66.5 million to take control of Glucovil. Cargill owns 70 percent of the joint venture and has the option to…Cargill Reports 3Q Results
Published April 5, 2018
Cargill reports third quarter income of $559 million, down from $715 million one year ago. Cargill’s grain origination business improved slightly over the past year. Sales were strong for its beef and animal nutrition segments, which was welcome news in…