Chicago | Reuters –– The first shipment of U.S. beef to China under a new trade deal went airborne on Wednesday, a Nebraska meat company said, just two days after […] Read more
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Tag Archives cargill
U.S. beef speeds to China by air as ban ends
Cargill expects grain glut to last long time
Seoul | Reuters –– Commodity firm Cargill expects international grain markets to remain oversupplied for a long time due to bountiful harvests and a rise in storage, the head of […] Read more
ADM sees weaker ag services outlook on trading woes
Chicago | Reuters — U.S. agricultural trader Archer Daniels Midland (ADM) on Tuesday cautioned that massive global grain stocks are making it difficult to turn a profit trading grain internationally, […] Read more
Bunge profit dives as grain glut hits margins
Chicago | Reuters –– U.S. agricultural trader Bunge reported on Wednesday a sharply lower first-quarter profit and cut its full-year earnings forecast as slow crop sales by farmers in South […] Read more
Cargill to exit U.S. cattle feeding business
Chicago | Reuters — Cargill said on Wednesday it will exit the business of feeding cattle to direct capital toward other investments, the latest transformation for the global commodity trader. […] Read more
Bird flu redirects trade flow of U.S. chicken, eggs, grains
Chicago | Reuters –– Global outbreaks of bird flu in poultry have altered the flow of U.S. chicken meat, eggs and grain around the world, adding to challenges faced by […] Read more
Cargill’s Q3 profit up on ingredient, protein demand
Chicago | Reuters — Global commodities trader Cargill reported a higher quarterly profit on Wednesday as strong earnings from its food ingredients and protein units more than offset lagging results […] Read more
Macquarie to buy Cargill’s global oil business
Houston | Reuters — Australian bank Macquarie Group is planning on buying Cargill’s global oil business, according to people familiar with the matter, marking the second energy business the global […] Read more
Ontario backs feed processing at Cargill beef plant
Ontario’s provincial government plans to put up over half a million dollars for Cargill to process byproducts from its Guelph beef plant for feed. Provincial Agriculture Minister Jeff Leal on […] Read more
Cargill profit jumps on meat demand, big U.S. crops
Reuters — Global commodities trader Cargill on Tuesday reported a sharply higher adjusted quarterly profit led by strong results from its beef and turkey businesses and robust demand for North […] Read more
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