USA - Cargill has invested US$20 million to expand its Big Lake, Minnesota egg processing facility in a bid to meet increasing customer and consumer demand for a greater variety of cooked egg products. The Big Lake expansion includes capabilities to pasteurize, mix and cook a number of additional egg products for foodservice and protein…
MINNEAPOLIS - Cargill has reported financial results for the fiscal 2018 third quarter and first nine months ended Feb 28, 2018, reporting a 22% decrease in its net income from last year’s US$715 million. According to the company, these earnings included a net charge of US$161 million related to the recently enacted U.S. Tax Cuts…
USA - Cargill has reported a 2% rise in revenues to US$27.85 billion increasing the year-to-date figure to US$84.32 billion led by solid increase in adjusted operating earnings in the Animal Nutrition and Protein segment in the fourth successive quarter. For the fiscal 2018 third quarter and first nine months ended Feb. 28, 2018, earnings…
CANADA - Cargill Protein has invested US$17.2 million in state-of-the art chicken processing technology at its Ontario facility in a determination to ensure humane handling of food animals. To address customers and consumer concerns on animal welfare, the firm has installed a Controlled Atmospheric Stunning (CAS) system to be replacing electric method, attributed to convulsive…
USA - Cargill has launched a new de-oiled rapeseed lecithin, an allergen-free and label-friendly ingredient that finds application in bakery and snacks to meet increasing consumer demand. According to Juergen Detert, technical service manager for Cargill Starches, Sweeteners & Texturizers, and the new range offers great emulsification performance without compromising on taste or texture and…
CANADA - Cargill has announced that through its Winnipeg-based Canadian arm, it has agreed to sell its grain and crop input assets in Ontario to an agri-food company, La Coop federee. The Amierican commodities conglomerate will sell 13 grain assets and crop inputs retail assets to La Coop, whose operations involve seeds, fertilizers, and crop…
USA - Cargill has started production of a new sweetener called EverSweet, derived from tasting sweet compounds found in the stevia leaf, Reb M and Reb D as it turns its focus on healthier offerings. The sweetener is a delicious new alternative to be used in food and beverages that seeks to achieve reduced or…
USA - Cargill Protein, the meat solutions category of Cargill said the company has improved its capacity and supply chain capacity by centralizing its regional warehousing in Texas. The hub targets to serve retail, foodservice and food ingredients customers, bringing together logistics from San Antonio, Texas, and Oklahoma City, Okla., operations. Cargill said that they…
EGYPT - The American global food processing and commodities trading corporation, ADM has entered into a definitive partnership with Cargill to launch a new soybean joint venture initiative in Egypt, subject to regulatory review. The joint venture aims at meeting increasing customer demand for soybean meal and oil in the region. As part of the…
USA - Cargill has teamed up with Precision BioSciences in a partnership that will create low saturate, high oleic canola oil with an aim to deliver the lowest saturated levels in the market. The collaboration involves use of Precision’s ARCUS genome-editing technology to further reduce saturated fat in canola oil. ARCUS editing platform helps to eliminate…
