Commodity trader Glencore has said it wants to be a "true leader" in global grain trading after completing its acquisition of Viterra in a deal worth US$6bn. Glencore said this week its completion of the deal hands it "immediate critical ...
Tags: Commodity trader Glencore, global grain trading, acquisition
Cargill has announced a U.S. $1.35 million, three-year partnership with the Aga Khan Foundation (AKF) to provide support for the Bilibiza Agriculture Institute (IABil) in order to enhance and expand educational possibilities for farmers in ...
Tags: Cargill, Aga Khan Foundation, Bilibiza Agriculture Institute
American agribusiness company Cargill plans to set up a corn milling facility in India, with an investment of $73m. The first phase of the facility at Davangere, Karnataka will begin by the third quarter of 2014. It will produce modified ...
Tags: Cargill, Agriculture, Corn, Corn Processing Facility
Truvia business has signed a strategic agreement with Grupo Herdez for the distribution and marketing of its Truvia sweetener in Mexico. Truvia is a stevia-based sugar substitute developed jointly by Coca-Cola and Cargill. Recently, ...
Tags: Truvia sweetener, Truvia, sugar, sweetener
American agribusiness company Cargill has entered into an agreement with India-based Wipro to acquire its edible oil brand Sunflower Vanaspati for an undisclosed amount. Sunflower Vanaspati brand offers vanaspati - a vegetable oil that ...
Tags: Cargill, Wipro, acquisition, edible oil
Brazilian meat giant Marfrig has appointed former Cargill CFO Sergio Rial to lead its processed food division, Seara Foods. Rial will become CEO of the unit, which includes Marfrig's European meat business Moy Park and US arm Keystone ...
Tags: Marfrig, Sergio Rial, food division, Seara Foods
Australian food manufacturer Goodman Fielder has agreed to offload its Integro commercial oils business to local grain trader GrainCorp. Goodman Fielder announced the A$170m (US$176.5m) deal today (28 August). The company, which is ...
Tags: Goodman Fielder, oils business, GrainCorp, Cargill
Cocoa processors including Cargill and Archer Daniels Midland could be encouraged to follow the example of Nestle and launch investigations into their cocoa supply chains, the head of the Fair Labor Association has told just-food. Auret ...
Tags: Cocoa Processors, Nestle, cocoa supply
Agricultural commodities group Cargill has booked a 300% jump in first-quarter profit, which was boosted by higher demand for its services due to a drop in yields resulting from poor weather, particularly in the US. The company said ...
Tags: first-quarter profit, grain availability, grain growing
Cargill CFO Sergio Rial is to leave the US agribusiness giant at the end of the month, the company announced today (2 November). Rial is returning to his native Brazil for "personal reasons", Cargill said. David MacLennan, the group's ...
Tags: Cargill, interim basis, food businesses
Cargill has recalled over 29,000 pounds of ground beef in the US over fears it would be contaminated with salmonella. The company said the recall of 29,339lbs of beef in the north-east of the country was initiated as a result of its own ...
Tags: Beef, health, salmonella
Cargill has said that it remains confident in its prospects, despite a 56% drop in full-year profits. For the 12 months to the end of May, Cargill saw profits slide to US$1.17bn. Fourth-quarter profits plunged by 82% to $404m, marking the ...
Tags: Profits Slump, Slump, record profits
Cargill, which recalled almost 30,000 pounds of ground beef in the US this weekend, has been linked to five cases of salmonella. According to the US Department of Agriculture, the Food Safety Inspection Service launched an investigation ...
US agribusiness giant Cargill has launched a Cocoa Promise pledge that it says strengthens its global commitment to cocoa farmers. Cargill said the programme, launched today (21 October), builds on its work over the past ten years and ...
Tags: Cocoa, livelihoods, cocoa beans, cocoa farming
US agribusiness giant Cargill has launched its stevia sweetener Truvia in Venezuela. Cargill announced the launch of the natural sweetener into the South American market yesterday (18 July), following what it claims is "a year of ...
Tags: Truvia, sweetener Truvia, natural sweetener, sweetener, food