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The Latest Breaking News from Cargill

Big meat is gobbling up fake meat companies

Conglomerates have bought out several smaller companies as the meat substitute market is predicted to grow rapidly

The Guardian - US

3 Stocks That Bill Gates Owns in Size

Bill Gates, the fourth richest person in the world, is keenly followed by the investor community concerning investments made through his firm Cascade Investment, L.L.C. The three stocks that the firm holds in large quantities are Sanderson Farms (SAFM), FedEx (FDX), and United Parcel Service (UPS). So, we think it…

StockNews.com

How a Minnesota ag firm is helping Ukrainian farmers plant in war-scarred fields

Dave Gebhardt says the flat fields of Ukraine — Europe's breadbasket — look like those rolling, green corn and soybean acreages surrounding the farm he grew up on near Rochester, Minnesota.

Tribune News Service

From analysis to the latest developments in health,
read the most diverse news in one place.

Alarming mountains of fertilizer waste

The U.S. houses hundreds of millions of tons of phosphogypsum in open-air stacks, but regulation is inconsistent

Salon

Cargill suspends palm oil purchases from Malaysia’s Sime Darby

Cargill Inc, one of the world’s biggest agricultural traders, stopped buying palm oil products from Sime Darby Plantation Bhd. after the US said it found indicators of forced labour in the Malaysian grower.

Bangkok Post

'Agricultural Mafia' clears land to grow soya as rainforests destroyed

Soybean is used in animal feed so that pigs, cattle and chickens grow faster and bigger. The UK contributes to the problem, importing 500,000 tons of Brazilian soya each year

Daily Mirror

Local Bounti Agrees To Acquire Indoor Farming Company Pete's For ~$122M

Local Bounti Corp (NYSE:LOCL) has agreed to acquire California-based complementary indoor farming company Hollandia Produce Group Inc, which operates under the name Pete's, for $122.5 million. The transaction will comprise $92.5 million in cash, expected to be provided under Local Bounti's existing lending facility with Cargill, and the remaining $30.0 million payable in shares. The…

Benzinga

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Cargill is 'scaling back' in Russia, but continuing food and feed operations

The parade of western firms constraining business in Russia has — until now — had a notable absence: Minnesota-based Cargill, one of the country's largest foreign agribusiness investors.

Tribune News Service

Cargill-chartered ship on Black Sea 'hit by a projectile' amid Ukraine invasion

Global farm commodities trader Cargill Inc said on Thursday that an ocean vessel it chartered was "hit by a projectile" on the Black Sea, but that the ship remained seaworthy and all crew were safe and accounted for.

Reuters

Cargill, other US grain traders monitor conflict in ag-rich Ukraine

U.S. agribusinesses with large operations and investments in Ukraine — often called the breadbasket of Europe — are preparing for a worsening situation as Russia escalates the conflict.

Tribune News Service

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