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Tag Archives cargill — page 7

(Dave Bedard photo)
Livestock

McDonald’s resuming all-Canadian beef supply

'Supply adjustment' ends next month, company says

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Updated, Aug. 18 — McDonald’s Canada’s pandemic-related “supply adjustment,” in which the burger chain cut its Canadian beef purchases to below 100 per cent, is set to end next month. The Canadian arm of the U.S. fast food giant announced Thursday it will resume its pre-pandemic policy of sourcing 100 per cent Canadian beef, starting […] Read more
(Ceres Global Ag video screengrab via YouTube)
Crops

Ceres to buy further into Saskatchewan grain handling

Company taking up Cargill elevator in northeast

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Minneapolis grain dealer Ceres Global Ag has made a deal to take its Prairie elevator network a step further northwest. The company announced Thursday it has an agreement in place to buy Cargill’s elevator and “associated assets” at Nicklen Siding, about 30 km north of Tisdale in northeastern Saskatchewan. The elevator, on Canadian National Railway […] Read more
(File photo by Dave Bedard)
Livestock, Markets

China suspends beef imports from Cargill plant

High River plant on long list of blocked facilities

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China has temporarily suspended imports of beef from Cargill’s major beef packing plant at High River, Alta., part of a long list of meat plants blocked in the last half of June. The Reuters news service on Monday published a list of meat packing plants from around the world which during June and early July […] Read more
(Zevei-Wenhui/iStock/Getty Images)
Livestock, Markets

U.S. senators question packers over exports to China during pandemic

USDA shows record pork exports to China in April, raising questions about rising U.S. meat prices

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Chicago | Reuters — Two prominent U.S. Senate Democrats are pressing America’s top meatpackers to disclose by month’s end how much pork, beef and chicken they shipped to China during the coronavirus outbreak while warning of possible meat shortages at home. The request from Senators Elizabeth Warren and Cory Booker increases scrutiny of companies such […] Read more
(File photo by Dave Bedard)
Crops, Markets

Grain exports flow fast as pandemic lockdowns clear rail capacity

Traffic accelerates on lower coal, crude volumes

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Winnipeg | Reuters — Canadian grain exporters are boosting sales in a slumping global economy, as demand for commodities like oil weakens and frees up railway space. Brisk crop movement in a country that relies heavily on rail is a bright spot during pandemic lockdowns, which have hammered most industries. “We’ve had an almost unlimited […] Read more
File photo of Smithfield Foods’ pork plant at Sioux Falls, S.D. on April 16, 2020. (Photo: Reuters/Shannon Stapleton)
Livestock, Markets

U.S. meatpacking workers often absent after plants ordered to reopen

"There's still so many risks"

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Chicago/Washington | Reuters — Smithfield Foods is missing about a third of its employees at a South Dakota pork plant because they are quarantined or afraid to return to work after a severe coronavirus outbreak, according to the workers’ union. Tyson Foods was forced to briefly close its Storm Lake, Iowa plant — a month […] Read more
(Dave Bedard photo)
Markets

Cargill halts public reporting of quarterly results

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Reuters — Privately held U.S. agribusiness Cargill said on Wednesday it will no longer issue public releases on quarterly earnings, halting the disclosures that the company has provided since 1996. Cargill, the largest privately held company in the United States, said it will continue to publicly disclose annual revenue and the percentage of operating cash […] Read more
Cargill-led fund to pay U.S. farmers for carbon capture
News

Cargill-led fund to pay U.S. farmers for carbon capture

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Reuters – Global commodities trader Cargill Inc. starting this spring plans to pay American farmers for capturing carbon in their field soils and reducing fertilizer runoff, an executive said. The Soil and Water Outcomes Fund, a partnership with the Iowa Soybean Association and third-party verification company Quantified Ventures, will then sell the environmental credits created […] Read more
[Dave Bedard file photo]
Livestock

Cargill to shut Montreal-area meat plant temporarily

Company says 64 workers tested positive for COVID-19

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Ottawa | Reuters — The Canadian arm of U.S. agribusiness Cargill said Sunday it would soon temporarily shut a Montreal-area case-ready meat plant after 64 workers tested positive for COVID-19. The plant is at Chambly, a South Shore suburb of Montreal, one of the worst hit cities in Canada. Cargill said it was winding down […] Read more
(File photo by Dave Bedard)
Livestock

Cargill’s High River plant reopens with two slaughter shifts

Cutting line to resume Wednesday

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Cargill’s southern Alberta beef packing plant, estimated to be responsible for over a third of Canada’s beef processing capacity, restarted Monday after a two-week COVID-19-related shutdown — but at a quicker pace than previously expected. The company said in a statement Monday it is resuming operations at the High River plant “with two shifts” in […] Read more

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