GFM Network News

More News →

Tag Archives Cargill

(Kansas City Southern video screengrab via YouTube)
Crops, Reuters

Rail shippers pick sides as CP, CN bid for Kansas City Southern

Richardson, Conagra among firms supporting both bids

By ,
Winnipeg | Reuters — North America’s freight rail customers, from grain shippers to logistics companies, are choosing sides as Canadian Pacific Railway and Canadian National Railway fight to buy Kansas City Southern. A takeout of KCS would be the first major North American railroad combination in more than 20 years and create the first network […] Read more
Kyle Jeworski, Viterra’s CEO for North America, speaks in a December 2020 promotional video announcing the company’s worldwide rebranding. (Viterra video screengrab via YouTube)
Canola, Crops, Markets

Viterra plans major canola crusher for Regina

Expected capacity would make facility largest in world

By ,
Grain handler and processor Viterra is taking its plans to build the world’s biggest canola crusher to its Prairie home town. The North American arm of Rotterdam-based Viterra said Monday it’s in the “feasibility” stage of designing and finalizing plans for what it bills as the “world’s largest integrated canola crush facility” in the northeast […] Read more
Excerpt from a digital rendition of Cargill’s proposed $350 million canola crushing plant proposed for the Regina area. (Image courtesy Cargill)
Canola, Crops, Markets

Cargill to crush canola at Regina

New plant to process up to one million tonnes per year

By ,
The Canadian arm of agrifood giant Cargill plans to further expand its reach in the Prairie canola market with a new crush plant at Regina and upgrades elsewhere. The company announced Thursday it would start construction on the $350 million plant “early next year” and expects to have it operating by early 2024, employing about […] Read more
CME June 2021 lean hogs with Bollinger (20,2) bands. (Barchart)
Livestock, Markets, Reuters

U.S. livestock: Hogs limit-down on profit-taking

Cattle futures continue lower

By ,
Chicago | Reuters — U.S. lean hog futures sank by their daily exchange-imposed trading limit on Thursday as profit-taking overwhelmed the market following blistering rallies, analysts said. The setback is a turnaround from gains that have lifted profits for pig farmers after they struggled last year when the COVID-19 pandemic reduced restaurants’ demand for meat […] Read more
A worker at Cargill’s London, Ont. chicken plant demonstrates the deboning process for a 2014 McDonald’s video on the meat used to make McNuggets. (McDonald’s Canada video screengrab via YouTube)
Livestock, Poultry/Eggs

Cargill shuts Ontario chicken plant against COVID

Other packers being sought to take birds

By ,
Agrifood firm Cargill is seeking slaughter space for Ontario chickens at other processors after temporarily closing its London poultry packing plant Tuesday against an outbreak of COVID-19 among workers. The company said Tuesday it was “taking this step out of an abundance of caution as our local workforce deals with the community-wide impacts of COVID-19.” […] Read more
(Lovelyshot/iStock/Getty Images)
Beef Cattle, Livestock, Markets

Ontario calls off final intake for beef set-aside

'Threshold not met' for further cattle intake

By ,
Ontario has called off the last intake for its federal/provincial beef cattle set-aside program. The Beef Emergency Feed Maintenance Initiative, an AgriRecovery program launched after the temporary shutdown of Cargill’s beef slaughter plant at Guelph, was to have its “final potential intake week” opening Monday (Jan. 18), for cattle to be set aside starting Jan. […] Read more
Beef cattle feeding in Ontario. (DebraLee Wiseberg/iStock/Getty Images)
Beef Cattle, Livestock, Markets

Ontario’s beef set-aside AgriRecovery plan underway

Applications for first intake due Dec. 22

By ,
A set-aside program has formally been launched to help Ontario’s 6,800-odd cattle producers maintain market-ready animals while Eastern Canada’s biggest beef slaughter plant remains closed. Federal and provincial officials on Monday announced applications are now open for the Canada-Ontario COVID-19 AgriRecovery Beef Emergency Feed Maintenance Initiative, with applications for the first intake period due by […] Read more
(Dave Bedard photo)
Beef Cattle, Livestock, Markets

Guelph beef plant idled against COVID-19 outbreak

Cattle set-aside plan en route, BFO says

By ,
Agrifood giant Cargill is temporarily halting production at its beef processing plant at Guelph, Ont. in the wake of a significant COVID-19 outbreak among employees. The company announced it would “begin the process to temporarily idle” the Dunlop Drive plant effective Thursday (Dec. 17). “This was a difficult decision for our team who are operating […] Read more

Special Podcast

AgCanadaTV

AGCanadaTV Special Feature: Wheat harvest preparations

Sponsored By:
More Videos →

Daily Newsletter

You'll receive current daily news every morning free, as well as market updates and special features.