Insights and Stories on Cargill

Mar. 29, 2023 at 5:32 pm CDT

Reuters — Chicago wheat futures rallied and closed higher on Wednesday, after global grain trader Cargill said it would take a further step back from the Russian market by no longer handling the top wheat supplier’s grain at its export terminal from July. Cargill’s shipping unit will continue to carry […]

By Cassandra Garrison

Mar. 29, 2023 at 12:24 pm CDT

Moscow/Chicago | Reuters — Cargill said Wednesday it would take a further step back from the Russian market by stopping handling Russian grain from its export terminal from July, although its shipping unit will continue to carry grain from Russian ports. Most international grain traders have stopped new investment in […]

By Karl Plume, Olga Popova

Nov. 21, 2022 at 8:07 pm CST

Reuters — Cargill Inc. said on Monday Brian Sikes will take over as the global commodities trader’s new president and CEO effective Jan. 1. Sikes will succeed Dave MacLennan, who has served as Cargill’s CEO and chairman since 2013. MacLennan will now assume the role of executive chair of Cargill’s […]

By Reuters

Sep. 20, 2022 at 8:33 pm CDT

One of Canada’s biggest ag co-operatives is moving ahead on plans to “optimize assets” by shedding its stake in grain handling in southwestern Ontario and focusing more closely on retail ag inputs. Sollio Agriculture, the agribusiness arm of Quebec-based Sollio Cooperative Group, on Tuesday announced it will start “an orderly […]

By Dave Bedard

Aug. 10, 2022 at 2:16 pm CDT

Reuters — Global commodities trader Cargill on Tuesday reported that its fiscal year 2022 revenue jumped 23 per cent from a year earlier to a record US$165 billion. The strong result was the latest for a global agricultural commodities trader after rivals ADM and Bunge reported solid earnings last month […]

By Reuters