Insights and Stories on Cargill

Aug. 9, 2016 at 5:40 pm CDT

Chicago | Reuters –– U.S. meat processor Cargill has stopped using an important antibiotic for people to prevent disease in turkeys, the company said Tuesday, the latest food maker to drop the drug amid concerns about the impact on human medicine. Cargill has not used the drug, gentamicin, to prevent […]

By Tom Polansek

Jul. 8, 2016 at 6:52 pm CDT

Reuters — Cargill, a top U.S. meat processor, said Friday it will sell two Texas beef cattle feedlots to Amarillo-based Friona Industries pending final agreements and regulatory reviews. Under the deal, Friona will acquire Cargill’s cattle feedlots at Bovina and Dalhart, Texas. Cargill said in a statement it will retain […]

By Reuters

Jul. 6, 2016 at 1:17 pm CDT

Chicago | Reuters –– U.S. grain trader Cargill has agreed to sell its ag retail business in the United States to crop input seller and distributor Agrium, the companies said Wednesday. Calgary-based Agrium, North America’s largest retail seller of crop inputs such as seed, fertilizer and pesticides, will acquire 18 […]

By Karl Plume

May. 6, 2016 at 7:20 pm CDT

Reuters — Across the U.S. Farm Belt, top grain handlers have banned genetically modified crops that are not approved in all major overseas markets, shaking up a decades-old system that used the world’s biggest exporting country as a launchpad for new seeds from companies such as Monsanto. Bold yellow signs […]

By Karl Plume, Tom Polansek

Apr. 7, 2016 at 5:25 pm CDT

Reuters — U.S. agricultural commodities trader Cargill on Thursday reported a rise in third-quarter profit on stronger results in food ingredients and grain handling, but warned about headwinds from oversupplied grain markets and low commodity prices. The privately-held company is exiting lower-margin operations, including its U.S. pork business, and expanding […]

By Karl Plume