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ASIA – Cargill is investing in Israeli cultured meat company, Aleph Farms which has raised US$11.65 million in a series A round of funding. According to Cargill, the investment diversifies its protein interests to meet future consumer demand and complements its focus on animal protein. The round was led by VisVires New Protein and also…
USA – Cargill’s animal nutrition business is voluntarily recalling select Southern States feed due to aflatoxin levels that exceed the U.S. Food and Drug Administration (FDA) action levels, according to World Grain. The affected products were manufactured at Cargill’s Cleveland, North Carolina, U.S., facility. Cargill first learned of the issue when it received a notification…
ASIA – Leading agribusiness company, Cargill has said that it will invest US$112 million at its corn processing facility in Songyuan, Jilin, China in capacity expansions. This is part of the joint initiative between Cargill and Songyuan government to build the Sino-US Cargill Biotech Industrial Park, featuring the Cargill Food Safety and Technology Center. The…
USA – Cargill has expanded its sustainably sourced range with new coatings and fillings made with Rainforest Alliance Certified coconut oil sourced through a mass balance model. According to Cargill, the new range was developed in response to consumers’ growing demands for sustainably sourced ingredients. Through the Mass balance model, the company sources a volume…
USA – The global agribusiness giant, Cargill has appointed Joe Stone to lead the company’s global Agricultural Supply Chain, effective June 1. Joe will succeed GJ van den Akker who has decided to retire as enterprise lead for Cargill’s Agricultural Supply Chain in 2020 after 30 years with the company. Joe Stone is currently enterprise…
USA – Cargill’s net earnings in the 2019 third-quarter rose 14% as starches and sweeteners declined on low ethanol prices in North America, and higher energy and raw material costs in Europe. Adjusted operating earnings were US$604 million, up 8% from the previous year, bringing the earnings for the first nine months to US$2.34 billion,…
USA – The global agribusiness giant, Cargill has joined forces with US based non-profit, Heifer International to launch a global initiative improve nutrition and bolster livelihoods among smallholder farmers. Dubbed Hatching Hope Global Initiative, the program will engage women poultry farmers to tackle hunger and poverty ‘through the power of poultry’. It aims to improve…
USA – The global agribusiness giant, Cargill has launched a new digital platform called myCargill.com to streamline and enhance customer buying experiences in edible oils. The e-commerce platform will also provide access to key information such as food safety data and technical product specifications. Customers will be able to manage orders in a fast and…
USA - Archer Daniels Midland Company (ADM) and Cargill have announced that they have finalized the formation of Grainbridge, LLC, a joint venture focused on developing digital tools in grain trading. Grainbridge will work to help North American farmers consolidate information on production economics and grain marketing activities into a single digital platform, in order…
USA – Grain and consumer foods supplier, Cargill and Krones, global equipment and packaging provider have joined forces to launch a new edible oil line in Sidney, Ohio, United States. The new line said to be ‘the most efficient’ in North America expands Cargill’s capabilities in edible oil manufacturing while presenting an opportunity to grow…