Cargill Archives - Page 15 of 22

Strong beef demand lifts Cargill profit for quarter

By Karl Plume September 27, 2017

Chicago | Reuters — Global commodities trader Cargill reported a 14 per cent rise in quarterly profit on Wednesday as strong beef demand and ample supplies of cattle lifted earnings for its animal nutrition and protein segment for a fifth straight quarter. The gains in protein offset a weaker year-on-year result for Cargill’s origination and […] Read more

Crops, Markets

Prairie canola, soy now in Cargill ProPricing portfolio

By Canadian Cattlemen Staff September 22, 2017

Canola and soybean growers in Western Canada are now able to get in on Cargill’s ProPricing grain marketing program for the 2017-18 season. The U.S. agrifood company’s Winnipeg-based Canadian arm announced Sept. 14 it would offer its first-ever canola contract in its ProPricing portfolio, allowing eligible growers to hand off a portion of their canola […] Read more

Crops, Markets, Reuters, Weather

Cargill CEO sees Harvey not likely weighing much on farm freight

By David Alire Garcia September 1, 2017

Mexico City | Reuters — Global commodities trader Cargill does not expect a significant impact on freight costs or logistics from the massive flooding caused by Hurricane Harvey in Texas and Louisiana, its top executive said Friday. Cargill CEO David MacLennan said while it was still too early to assess the full impact of the […] Read more

Reuters

Bunge leaves door open to selling itself, cuts 2017 forecast

By Karl Plume August 2, 2017

Chicago/Reuters – Bunge Ltd kept the door open on Wednesday to a sale of the company as it reported a 34 percent drop in quarterly earnings and cut its full-year outlook, but its chief executive officer predicted a grains market rebound that would reverse the slide. CEO Soren Schroder said planned cost cuts should also […] Read more

Reuters

Cargill considering bid for JBS’ Pilgrim’s Pride

By Bruno Federowski July 26, 2017

Sao Paulo / Reuters – Global commodities trader Cargill Inc is considering bidding for Pilgrim’s Pride Corp, a U.S.-based chicken processor controlled by scandal-ridden Brazilian group JBS SA, newspaper O Estado de S. Paulo reported on Wednesday. A JBS representative said Pilgrim’s Pride is not for sale. An emailed request for comments from Cargill went […] Read more

Beef Cattle, Livestock, Reuters

Abu Dhabi fund not eyeing bid for JBS, source says

By Guillermo Parra-Bernal, Stanley Carvalho June 16, 2017

Abu Dhabi/Sao Paulo | Reuters — Shares of JBS SA erased gains on Friday after a source denied that Abu Dhabi sovereign wealth fund Mubadala Development Co. PJSC was arranging partners to make a bid for control of the world’s largest meatpacker. A person with direct knowledge of Mubadala’s strategy told Reuters that, despite a […] Read more

Beef Cattle, Livestock, Reuters

U.S. beef speeds to China by air as ban ends

By Tom Polansek June 14, 2017

Chicago | Reuters –– The first shipment of U.S. beef to China under a new trade deal went airborne on Wednesday, a Nebraska meat company said, just two days after Washington finalized details to resume exports, ending a 14-year ban. Greater Omaha Packing Co. said it shipped beef by plane to China from Nebraska, a […] Read more

Crops, Markets, Reuters

Cargill expects grain glut to last long time

By jane-chung, GFM Network News May 12, 2017

Seoul | Reuters –– Commodity firm Cargill expects international grain markets to remain oversupplied for a long time due to bountiful harvests and a rise in storage, the head of the global commodity trader said on Friday. Bumper crops have flooded many markets, dragging on prices for grains and hitting profits at agribusiness giants including […] Read more

Crops, Reuters

ADM sees weaker ag services outlook on trading woes

By Karl Plume May 3, 2017

Chicago | Reuters — U.S. agricultural trader Archer Daniels Midland (ADM) on Tuesday cautioned that massive global grain stocks are making it difficult to turn a profit trading grain internationally, sending its shares plummeting despite reporting a higher first-quarter profit. The warning highlighted a string of trading woes at ADM, which has shed several key […] Read more

Crops, Reuters

Bunge profit dives as grain glut hits margins

By Karl Plume May 3, 2017

Chicago | Reuters –– U.S. agricultural trader Bunge reported on Wednesday a sharply lower first-quarter profit and cut its full-year earnings forecast as slow crop sales by farmers in South America squeezed margins in its core agribusiness unit, sending shares tumbling. White Plains, N.Y.-based Bunge said net income available to shareholders plunged 82 per cent […] Read more

Potash maker Nutrien to sell stake in Argentina’s Profertil for $600 million

U.S. grains: Corn backs away from gains at close

U.S. livestock: Profit-taking pressures cattle futures

Daily Network News

Potash maker Nutrien to sell stake in Argentina’s Profertil for $600 million

U.S. grains: Corn backs away from gains at close

U.S. livestock: Profit-taking pressures cattle futures

Tag Archives Cargill

Strong beef demand lifts Cargill profit for quarter

Prairie canola, soy now in Cargill ProPricing portfolio

Cargill CEO sees Harvey not likely weighing much on farm freight

Bunge leaves door open to selling itself, cuts 2017 forecast

Cargill considering bid for JBS’ Pilgrim’s Pride

Abu Dhabi fund not eyeing bid for JBS, source says

U.S. beef speeds to China by air as ban ends

Cargill expects grain glut to last long time

ADM sees weaker ag services outlook on trading woes

Bunge profit dives as grain glut hits margins

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