Insights and Stories on Cargill

Jan. 7, 2016 at 3:00 pm CST

Chicago | Reuters –– Slumping commodities prices and weak demand in some markets took their toll on profits for global commodities trader Cargill in the quarter ending Nov. 30, sending earnings and revenue down 13 per cent and 10 per cent, respectively. Privately held Cargill, celebrating its 150th birthday this […]

By Karl Plume

Jan. 1, 2016 at 8:35 pm CST

Denver | Reuters — Nearly 200 workers, mostly Somali immigrants, have been fired from a meat-packing plant in Colorado after staging a walkout to protest what they said were insufficient prayer accommodations, the company and Islamic advocacy groups said Thursday. The Council on American-Islamic Relations (CAIR) said the workers were […]

By Keith Coffman

Dec. 29, 2015 at 7:42 pm CST

Reuters — Global commodities trader Cargill will sell its crop insurance business to the Silveus Insurance Group next month, the two companies said Tuesday. The deal will close the second week in January, said Tyler Silveus, CEO for Silveus, based in Warsaw, Indiana. “We are not disclosing terms of the […]

By Julie Ingwersen

Dec. 9, 2015 at 2:24 pm CST

Sao Paulo | Reuters –– Louis Dreyfus Commodities and Cargill won an auction on Wednesday to operate a grain terminal at Santos Port for 25 years, while Fibria SA and Marimex won rights to operate pulp areas there leased from Brazil’s government. The three port areas were the first of […]

By Priscila Jordao

Nov. 13, 2015 at 4:33 pm CST

London | Reuters –– Cargill Inc., one of the world’s largest privately held corporations, has launched a restructuring that includes job cuts, one company source and four industry sources said Friday, the latest casualty of a downturn in the farm economy. The 150-year-old company, a top commodities trader, is also […]

By Sarah McFarlane