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Cargill CEO Concerned with Long-Term Health of Ag in Trade Dispute

Dan Industry News Release, Trade

The CEO of Cargill says he is concerned with the long-term health of U.S. agriculture due to impacts from the U.S.-China trade dispute. Cargill CEO David McLennan told Bloomberg News a long-term dispute with China could squeeze the U.S. out as China turns to other sellers of soybeans, as the nation is doing now. Soybean prices are near the lowest …

cargill

Cargill Still Concerned About Likelihood of Trade War

Dan Industry News Release, Trade

Cargill remains concerned that the U.S. and China trade discussions will escalate into a trade war. In Comments sent to U.S. Trade Representative Robert Lighthizer, Cargill officials say the tariffs proposal by the U.S. targeting China will “not effectively advance the goal of addressing distortive trade practices,” according to Reuters. Cargill sent a five-page letter to Lighthizer as the USTR …

cargill

Cargill Installs Controlled Atmosphere “Stunning” System in Canada Operation

Dan Industry News Release, Poultry

Cargill announced that it’s installing a $22 million Controlled Atmospheric Stunning system at its poultry facility in London, Ontario. Cargill credits the investment to increasing customer and consumer demand for better animal welfare standards in food production. There are also electric stunning systems available to processing plants. Both electric and atmospheric systems are acceptable, approved, and proven as more humane …

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Cargill Enters Plant-Based Protein Market

Dan Industry News Release

Cargill has signed a joint venture agreement with the largest North American producer of pea protein, stepping into the plant-based protein market. The agreement with Puris, is called a “game changer in terms of taste and vertical integration” in plant-based protein, according to Cargill officials. Meat industry publication Meatingplace reports Cargill’s financial backing and market reach will drive significant expansion …

cargill

Cargill, Hershey, Leave Grocery Manufacturers Association

Dan Industry News Release

Ag giant Cargill, along with the Hershey Company, are the latest to drop out of the Grocery Manufacturers Association, joining at least eight other major companies in retreat. The two join Tyson Foods, Campbell Soup Company and others who have recently left Washington, D.C.’s largest food industry association. Politico reports many of the companies that have left are viewed as …

cargill

Cargill Launches Fedbytrade Campaign

Dan Economy, Industry News Release, Trade

Cargill is launching a new campaign to provide stories that consumers can understand regarding how trade helps feed the world. The new initiative is called FedbyTrade, highlighting how companies are speaking up against the Trump Administration’s public criticisms of trade and the trade deficits. The campaign is designed to provide facts about trade and trade deals. Cargill is also encouraging …

cargill

Cargill Aiming for Birth to Burger Beef Audit

Dan Cattle, Industry News Release

Cargill plans to launch new technology in tracking cattle to develop a verified sustainability standard for consumers. Called the Cargill Canadian Beef Sustainability Acceleration pilot, the effort should move the company’s customers a step closer to providing consumers with beef from operations that have been audited from ‘birth to burger’ using an industry developed sustainability standard, according to meat industry …

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Cargill Investing in Clean Meat Startup

Dan Industry News Release

Cargill is investing in Memphis Meats Inc., a company that makes meat from self-reproducing animal cells. The investment is the first by a traditional meat company into the so-called “clean meat” sector, according to the Wall Street Journal. Neither company has disclosed the size of the investment, but Memphis Meats said Wednesday Cargill’s investment was part of $17 million in …

animal feed

Cargill Purchases Southern States Cooperative Animal Feed Business

Dan Cattle, Industry News Release, Livestock

Cargill has reached an agreement to acquire the animal feed business of Southern States Cooperative. Withholding terms of the deal, Cargill released a statement last week saying it expects the transaction to close within 90 days. Cargill says the transaction will better serve its customers in the United States and is part of the company’s Feed and Nutrition’s growth strategy. …