Insights and Stories on Cargill

Feb. 8, 2017 at 7:14 pm CST

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 Wednesday announced a $582,000 investment toward Cargill’s installation of a “value-added” processing system converting raw byproduct into a “protein-rich animal […]

By Staff

Jan. 10, 2017 at 2:49 pm CST

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 American grain and oilseed crops. The privately held company said adjusted operating earnings jumped nearly 80 per cent in the […]

By Karl Plume

Nov. 21, 2016 at 9:22 pm CST

Reuters — Forty-five large investors collectively managing C$1.6 trillion in assets are pressing some of the nation’s largest meat producers to set policies for reducing water pollution in their feeding, slaughtering and processing operations. The investors, who are members of sustainability non-profit advocate Ceres and the Interfaith Center on Corporate […]

By Lisa Baertlein

Oct. 20, 2016 at 6:58 pm CDT

U.S. agrifood giant Cargill is set to step out of the Canadian egg processing business and sell its Toronto-area plant to another processor in the same line of work. The company announced Thursday it plans to sell its egg processing plant at Etobicoke to Global Egg Corp., which also operates […]

By Staff

Oct. 4, 2016 at 2:59 pm CDT

Reuters — Global commodities trader Cargill reported a sharply higher quarterly net profit on Tuesday, helped by rising beef demand and stronger grain trading and processing margins. The privately held company’s net income rose 66 per cent to $852 million in the first quarter ended Aug. 31 from $512 million […]

By Karl Plume