Daily Network News

More News →

Tag Archives Cargill

(File photo by Dave Bedard)
General, Markets, Reuters, Weather

Cargill quarterly profit drops on trade tensions, U.S. floods

By
Chicago | Reuters — Global commodities trader Cargill reported a 41 per cent drop in adjusted quarterly profit on Thursday, citing supply disruptions stemming from the U.S.-China trade war and also flooding in the central United States that hit marketing and transportation of grains and livestock. Cargill, the largest privately held U.S. company, said adjusted […] Read more
(Dave Bedard photo)
Crops, Markets, Reuters, Weather

Major grain traders face one-two punch from U.S. floods, trade war

By ,
Chicago | Reuters — Severe U.S. weather likely dented earnings for large grain companies including Archer Daniels Midland and Bunge for a second straight quarter, adding to headwinds from a still-unresolved U.S.-China trade war, analysts and economists said. ADM and Bunge, as well as peers Cargill and Louis Dreyfus, known as the ABCD quartet of […] Read more
Jim Smolik, shown here in a 2014 photo, contravened two sections of the Conflict of Interest Act, Ethics Commissioner Mario Dion says in a report released May 30, 2019. (Manitoba Co-operator photo by Allan Dawson)
Crops

Former CGC assistant chief commissioner broke conflict rules

By
Jim Smolik, a former Canadian Grain Commission (CGC) assistant chief and acting chief commissioner, contravened post-employment obligations under the federal Conflict of Interest Act while working for Cargill Canada. That’s according to a 24-page report released May 30 by Conflict of Interest and Ethics Commissioner Mario Dion. Dion ruled Smolik breached Sections 33 and 35(2) […] Read more
Ardent Mills’ flour mill at Rush City, Minn., about 80 km north of St. Paul. (ArdentMills.com)
Cereals, Crops, Reuters

Ardent Mills to close four U.S. flour mills

By
Reuters — Ardent Mills will close three U.S. flour mills next month and a fourth in the first quarter of 2020, the flour miller and food ingredient maker announced Friday. The company, a joint venture between ConAgra Foods, Cargill and CHS, said the closures were necessary due to “anticipated demand and to enhance the efficiency […] Read more
(Photo courtesy Canada Beef Inc.)
Beef Cattle, Livestock, Markets, Reuters

R-CALF suit alleges U.S. packers conspired to suppress fed cattle prices

By
Reuters — Four of the largest U.S. beef-packing companies were accused in a lawsuit on Tuesday of violating federal antitrust law by conspiring to drive down prices they paid ranchers for cattle, even as retail beef prices hovered near record levels. Tyson Foods, Cargill, the JBS USA unit of Brazil’s JBS and National Beef Packing […] Read more
A freighter is loaded with grain from a terminal at Vancouver’s Burrard Inlet. (Maxvis/iStock/Getty Images)
Crops, Machinery

Regulator rips CN’s use of freight embargoes at West Coast

By
Canadian National Railway has been found in breach of its service obligations on grain and other traffic by a federal regulator aiming to crack down on the company’s use of freight embargoes. The Canadian Transportation Agency on Monday released its determination on “possible freight rail service issues in the Vancouver area” last fall. The regulator […] Read more
Louis Dreyfus’ oilseed processing plant at Yorkton, Sask. (LDC.com)
Crops

Grain trade regional tie-ups seen more likely over mega-deals

By ,
Paris | Reuters — The agricultural trading industry can expect more consolidation at a regional level in an effort to improve margins, but big deals between global merchants are becoming more difficult, Louis Dreyfus’ CEO said. Merchants have been grappling with lower profits from sourcing and shipping commodities such as grain and oilseeds, prompting cutbacks […] Read more

Canadian Cattlemen Presents: Depth of Field

Glacier Farmmedia Podcast

AgCanadaTV

AGCanadaTV: In case you missed it; your national ag news recap for August 29, 2025

Sponsored By:
More Videos →

Latest Market News

More Market News →