Cargill Archives - Page 3 of 22 - Canadian Cattlemen

A plate of honey dijon glazed chicken wings. (SandersonFarms.com)

Livestock, Markets, Poultry/Eggs, Reuters

Cargill, Continental close U.S. chicken deal

By Reuters, GFM Network News July 24, 2022

Washington | Reuters — Cargill and Continental Grain said on Friday that they had closed their deal to buy Sanderson Farms, the third largest chicken producer, in a deal worth some US$4.53 billion. Under the deal, which was announced last August, Sanderson is being combined with Continental Grain subsidiary Wayne Farms. Sanderson will cease trading […] Read more

Canola, Crops, Reuters

Cargill plans to close U.K. rapeseed crush plant

Fewer U.K. farmers growing crop

By Reuters, GFM Network News June 15, 2022

London | Reuters — Cargill plans to close its rapeseed crush facility in Hull, eastern England, the global commodities trader said Tuesday. The mill, which Cargill has been operating since 1985, has the capacity to crush 750 tonnes of seed a day to produce 420 tonnes of rapeseed meal and 323 tonnes of crude rapeseed […] Read more

Livestock, Markets, Reuters

CEOs of four large U.S. meatpackers to testify in Congressional hearing

Beef prices up for consumers, down for ranchers

By Kanishka Singh, GFM Network News April 14, 2022

Washington | Reuters — The chief executives of U.S. meatpackers Cargill, Tyson Foods, JBS and National Beef Packing have agreed to testify at a Congressional hearing discussing cattle markets and price increases for consumers, House agriculture committee chairman David Scott said Wednesday. “It is very important, very vital, and very urgent that we hear the […] Read more

Beef Cattle, Livestock

Quebec group seeks to sue beef packers over pricing

Group's class-action application alleges price-fixing dating back to 2015

By Geralyn Wichers, GFM Network News March 30, 2022

A Quebec consumer protection group intends to launch a class action lawsuit against four major beef processors in Canada and the U.S., alleging a “meat pricing conspiracy.” “At a time of high inflation, it is unacceptable to make the price of beef even more expensive than it already is,” Sylvie De Bellefeuille, a lawyer for […] Read more

Crops, Reuters

Bunge says sanctions may have ‘adverse effect’ on Russian operations

By Karl Plume, GFM Network News March 2, 2022

Reuters — Global agricultural commodities trader Bunge said continued conflict in Ukraine and stinging sanctions on Russia could have an “adverse effect” on its operations in the breadbasket region. Bunge and rival agribusinesses ADM and Cargill suspended operations in Ukraine last week after Russia invaded its neighbour. But none have stopped their business in Russia […] Read more

A file photo of cargo ships and harbour cranes in the Ukrainian port of Kherson on the Dnieper River. (Ioanna_alexa/iStock/Getty Images)

Crops, Markets, Reuters

Ukraine shuts ports as conflict threatens grain supplies

By Gleb Stolyarov, Natalia Zinets, Polina Devitt, GFM Network News February 24, 2022

Moscow/Kyiv | Reuters — Ukraine’s military has suspended commercial shipping at its ports after Russian forces invaded the country, an adviser to the Ukrainian president’s chief of staff said, stoking fear of supply disruption from leading grain and oilseeds exporters. Russia earlier ordered the Azov Sea closed to the movement of commercial vessels until further […] Read more

U.S. President Joe Biden and U.S. Attorney General Merrick Garland attend a video conference with farmers, ranchers and meat processors to discuss meat and poultry supply chain issues, from an auditorium on the White House campus in Washington, D.C. on Jan. 3, 2022. (Photo: Reuters/Jonathan Ernst)

Livestock, Markets, Reuters

Biden unveils plan to boost competition in U.S. meat industry

By Leah Douglas, GFM Network News January 4, 2022

Reuters — The United States will issue new rules and US$1 billion in funding this year to support independent meat processors and ranchers as part of a plan to address a lack of “meaningful competition” in the meat sector, President Joe Biden said Monday. The initiative comes amid rising concerns that a handful of big […] Read more

File photo outside Cargill’s beef slaughter and packing plant at High River, Alta. on May 6, 2020. (Photo: Reuters/Todd Korol)

Beef Cattle, Livestock

Strike averted at Cargill’s High River beef plant

Deal that hikes wages by 21 per cent and offers large bonuses receives majority backing

By Glenn Cheater, GFM Network News December 5, 2021

Workers at Cargill’s beef packing plant in southern Alberta have voted in favour of a contract that will hike wages by 21 per cent and provide improved health benefits. “The contract is the best of its kind and presented unprecedented gains in this time of economic and political uncertainty,” United Food and Commercial Workers (UFCW) […] Read more

CME January 2022 feeder cattle (candlesticks) with 20-, 50- and 100-day moving averages (pink, dark red and black lines). (Barchart)

Livestock, Markets, Reuters

U.S. livestock: CME cattle, hog futures finish higher

Investors' COVID concerns eased

By Tom Polansek, GFM Network News December 1, 2021

Chicago | Reuters — Chicago Mercantile Exchange livestock futures finished higher on Wednesday as the markets recovered after dropping the previous session to their lowest prices in more than a week. Prices rose as investors’ concerns eased about the Omicron coronavirus variant, which rattled commodity and financial markets on Tuesday, traders said. Chicago Board of […] Read more

Beef Cattle, Livestock

Cargill beef plant workers to vote on new negotiated offer

High River workers otherwise headed for strike or lockout Monday

By Dave Bedard, GFM Network News December 1, 2021

Workers at Cargill’s major beef slaughter and packing plant in Alberta will vote this week on a new offer which it’s hoped will avert a strike or lockout, both due to start Monday. The new offer follows a “marathon” of negotiations Tuesday between Cargill representatives and the bargaining committee for United Food and Commercial Workers […] Read more

U.S. grains: Corn futures lower as farmers sell, soy choppy

U.S. livestock: Cattle regain losses, hogs rise

U.S. cattle ranchers criticize government for delayed reporting of human screwworm case

Daily Network News

U.S. grains: Corn futures lower as farmers sell, soy choppy

U.S. livestock: Cattle regain losses, hogs rise

U.S. cattle ranchers criticize government for delayed reporting of human screwworm case

Tag Archives Cargill

Cargill, Continental close U.S. chicken deal

Cargill plans to close U.K. rapeseed crush plant

CEOs of four large U.S. meatpackers to testify in Congressional hearing

Quebec group seeks to sue beef packers over pricing

Bunge says sanctions may have ‘adverse effect’ on Russian operations

Ukraine shuts ports as conflict threatens grain supplies

Biden unveils plan to boost competition in U.S. meat industry

Strike averted at Cargill’s High River beef plant

U.S. livestock: CME cattle, hog futures finish higher

Cargill beef plant workers to vote on new negotiated offer

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