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Cargill Announces Acquisition of Owensboro Grain Company
Cargill and Owensboro Grain Company, a fifth-generation family-owned soybean processing facility and refinery located in Owensboro, Ky., today announced that they have entered into a definitive agreement where Cargill will add Owensboro Grain Company (OGC) to its North American agricultural supply chain business.
Owensboro Grain Company was founded in 1906 as a small grain merchant and today operates a fully integrated soy processing facility, producing soy products, including protein meal and hull pellets for animal feeds, crude and degummed oil, lecithin, various blends of refined vegetable oil for human consumption, biodiesel...
Cargill Appoints Brian Sikes President & Chief Executive Officer; Dave MacLennan as Executive Chair
Cargill today announced Brian Sikes has been elected President and Chief Executive...
Cargill and CARE International Partner to Improve Sustainable Agriculture in Dak Lak, Vietnam
Cargill and CARE International signed a Memorandum of Understanding (MoU) for a two-year program, ‘She Thrives’, at a ceremony held in Hanoi today. ‘She Thrives’ aims to improve sustainable livelihoods among rural smallholders, particularly women and ethnic minorities from Dak Lak province in Vietnam by connecting farmers and producers to the tools and resources they need to enhance their livelihoods sustainably.
This program focused on the central highlands’ province of Dak Lak will commence immediately and run through August 2024. Over the next two years, it...
Cargill Named in Fast Company’s Second Annual List of “Brands That Matter”
Fast Company announced today its second annual Brands That Matter list, honoring brands that communicate and demonstrate brand purpose. These companies and nonprofits have achieved relevance through cultural impact and social engagement, and authentically communicated their missions and ideals.
Cargill is honored in the ‘Enduring Impact: 15+ Years in Business’ category for their more than 155 years of commitment to feeding the world and doing what’s good not just for today or tomorrow, but for generations to come.
The final list, which includes large multinational conglomerates...
Virginia (Ginni) M. Rometty Elected to Cargill’s Board of Directors
Virginia (Ginni) M. Rometty, former Chairman, President and CEO of IBM, has been elected to the Cargill Board of Directors.
“Ginni led the reinvention of IBM for the era of cloud and data, by realigning their portfolio through organic and acquired growth. She also is a steadfast advocate for advancing diversity in the workplace, pioneering efforts that brought IBM into a more inclusive future. Through these efforts, Ginni has become a leading voice on technology ethics, business transformation and the workplace of the future. We are thrilled to bring her..."
Cargill Launches Asia Pacific Digital Business Studio to Accelerate Food and Agriculture Innovation
Cargill’s first digital business studio in Asia expands the company’s innovation investments in the region
Cargill is partnering with the Singapore Economic Development Board (EDB) to launch its first digital business studio in Asia. The studio is designed to support local founders with investments that bring Cargill solutions to the market and accelerate innovation for the food and agriculture industry in Asia-Pacific.
Through this three-year partnership, Cargill will develop a portfolio of at least five new startups in Singapore. The startups will focus on pressing...
Cargill Grants $10 Million to World Food Program USA to Combat the World’s Growing Hunger Crisis
Cargill has made a $10 million grant to World Food Program USA in support of the United Nations World Food Programme’s response to the global hunger crisis, escalated by the collateral impact of the Ukrainian war. This generous grant, the largest donation ever made by Cargill to World Food Program USA, comes at a moment of unprecedented need as 345 million people face severe hunger and 50 million teeter on the brink of famine around the world. The grant will support the...
Cargill and Continental Grain Complete Acquisition of Sanderson Farms
Cargill and Continental Grain Company today announced the completion of the previously announced acquisition of Sanderson Farms, Inc. by a joint venture between Cargill and Continental Grain. The acquisition was announced on August 9, 2021.
Sanderson Farms shareholders are receiving $203.00 per each share of common stock they owned as of immediately prior to the completion of the transaction. As a result of the completion of the transaction, Sanderson Farms' shares will no longer trade on the NASDAQ beginning July 22, 2022...
World Food Program USA Appoints Cargill and Kastner Executives to its Board of Directors
World Food Program USA (WFP USA) today named Pilar Cruz, Corporate Senior Vice President and Chief Sustainability Officer at Cargill, and Brandon Rochon, Chief Executive Officer of Kastner and Chief Creative Officer of Fluent Group, to its distinguished Board of Directors. World Food Program USA has grown dynamically in recent years to meet the urgent needs of the United Nations World Food Programme. As part of that growth, it has strategically sought to expand its Board of Directors. As industry leaders in their respective fields of...
Cargill to Build New Soybean Processing Facility in Southeast Missouri
Cargill has unveiled plans to build a new soybean processing facility located in Pemiscot County, Mo. near Hayti and Caruthersville to support growing domestic and global demand for oilseeds driven by food, feed and fuel markets. The facility will be the first of its kind for Southeast Missouri with an annual production capacity of 62 million bushels of soybeans. Cargill anticipates breaking ground on the project early next year with plans to be operational in 2026. The new facility will add approximately 45 full-time positions to the region when...
Cargill Expands RadiPure® Pea Protein into the META & India Markets
As more consumers aim to add plant-based foods to their diets, Cargill is expanding RadiPure® pea protein in Middle East, Turkey, Africa (META) & India, a move that will help food and beverage manufacturers in the region respond to evolving marketplace trends.
"No individual protein source can solely feed the world. While consumers are looking for alternatives to increase their protein intake, they do not want to compromise on taste and texture. Our RadiPure® pea protein helps us meet this growing demand in the market," Banu Oksun...
Burger King, Cargill, NFWF Partner to Support Cattle Ranchers Through Regenerative Ag Practices
On April 12, Burger King and Cargill announced a partnership with the National Fish and Wildlife Foundation (NFWF), the largest private conservation grant provider in the U.S., to support cattle ranchers committed to addressing climate change through regenerative agriculture practices in Colorado, Kansas, Nebraska, New Mexico, Oklahoma and Texas. This five-year initiative with up to $5 million in funding, brings together two major beef brands dedicated to emissions reduction, reinforcing the important role beef and cattle play in helping the Great Plains thrive...
Aramark and Pittsburgh Penguins Bring First Temperature-Controlled Food Lockers to PPG Paints Arena
The Pittsburgh Penguins are testing the latest innovation in food locker delivery systems at PPG Paints Arena as part of a collaboration with Aramark, the arena’s exclusive food and beverage concessionaire, and Cargill, provider of food pickup system Chekt.
The new self-service concept, which launched at PPG Paints Arena in late February 2022, allows fans to select and order food and beverage items from an exclusive menu directly at their seats and pick up from one of 24 dual-chamber, temperature-controlled food...
Four New Leaders Join Cargill's Executive Team
Four new leaders are joining Cargill's executive team. They were selected for their expertise aligned to evolving customer and employee needs and their potential to drive the company's innovation and sustainability strategies around the world.
"The food system is constantly and quickly changing. To continue delivering innovative ideas and solutions for our customers, we must change as well. These leaders are guided by values and purpose, committed to our customers and passionate about feeding a growing population in a safe, responsible and sustainable way," said Dave MacLennan, Cargill chairman and CEO...
Research Finds More Consumers Weighing Sustainability Claims on Packaged Food Choices
Sustainability considerations now influence the majority of the world’s grocery shoppers when buying packaged foods such as potato chips and cookies, according to Cargill’s most recent global FATitudes™ survey. The proprietary research finds 55% of consumers indicate they’re more likely to purchase a packaged food item if it includes a sustainability claim, a four-point jump since the company last fielded this research in 2019.
“Our latest findings clearly demonstrate that messages surrounding sustainability are having an impact on consumers,” said Nese Tagma, managing...
Cargill Expands Portfolio of AI Powered Innovations to Give Poultry Producers Actionable Insights
Poultry producers are always looking for ways to improve the efficiency and health of their flocks. Advancements in technology, like artificial intelligence, can help accelerate these improvements, identify previously unknown problems and anticipate outcomes. Cargill is assembling a portfolio of AI-driven innovations through proprietary development and strategic partnerships to go beyond nutrition and help customers optimize their operations with actionable insights.
Galleon Microbiome Analysis – a comprehensive broiler microbiome health assessment tool
There is an interdependency between the condition of the gut microbiome and the flock’s health...
Cargill to Acquire Croda’s Bio-based Industrial Business, Expanding Natured-Derived Solutions
Cargill has reached an agreement with Croda to acquire the majority of its performance technologies and industrial chemicals business for EUR 915,000,000 (1.03bln USD) on a cash-free, debt-free basis. The investment would dramatically expand Cargill’s bioindustrial footprint to better serve industrial manufacturers searching for “greener” ingredient solutions.
The transaction, which is subject to regulatory approvals, is expected to close in Summer 2022. Cargill will comply with applicable information and consultation requirements with our employee representative bodies.
“The bioindustrial space is a priority for Cargill, as we..."
Protein Markets Contend with More Than Just "Seasonal" Issues Heading Into Q4
ANALYSIS: Shell Egg Prices Crack New Record Highs Amid Strong Demand, Depleted Inventories
This Week in Retail: Seasonal Trends Start to Shift
Urner Barry Releases September Soy & Wheat Report
Urner Barry Releases September Pulse Protein Report