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The Latest Breaking News from Cargill

Russia's refusal to renew grain passage agreement revives concern over food prices

Russia said Monday it would not renew an agreement to safeguard cargo passage on a crucial Black Sea shipping corridor that for months has helped stabilizes global food prices.

Tribune News Service

Agribusiness giant Cargill not doing enough to fight deforestation, protect human rights, group says

A coalition of activist groups and researchers has released a report it hopes will increase pressure on agribusiness giant Cargill to do more to fight deforestation and human rights abuse

The Independent UK

Grain trader Cargill faces legal challenge in US over Brazilian soya supply chain

World’s biggest grain trader accused of ‘shoddy due diligence’ on deforestation and alleged rights violations

The Guardian - UK

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Firm that hired kids to clean meat plants keeps losing work

The slaughterhouse cleaning company that was found to be employing more than 100 children to help sanitize dangerous razor-sharp cutting equipment has continued to lose contracts with the major meat producers since the investigation became public last fall

The Independent UK

Cocoa- A New Multi-Year High in the Soft Commodity

Over the past months, cotton, sugar, coffee, and frozen concentrated orange juice futures rose to the highest price in years, with FCOJ reaching a new record peak. Meanwhile, cocoa futures were the latest soft commodity to join the bullish party, moving above $3,000 per ton to the highest price since…

Barchart

Cargill ends contract with meatpacking cleaning service that illegally hired minors

Cargill, one of the nation's largest beef producers, has cut ties with a Wisconsin-based janitorial service that employed underage workers in violation of federal labor law.

Tribune News Service

Brazil prosecutors seek $2.5 billion in damages from alleged orange juice cartel

Giants of the orange juice trade in Brazil have become defendants in a class-action lawsuit seeking $2.5 billion in damages over an alleged scheme to fix prices between 1999 and 2006, a prosecutor told Reuters.

Reuters

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In Africa's fields, a plan to pay fair wages for chocolate withers

Ivorian cocoa bean farmer Edouard Kouame Kouadio expects to die poor, despite rising demand for the raw material that feeds the world's insatiable appetite for chocolate.

Reuters

Cargill to stop handling Russian grains for export as war in Ukraine continues

Minnesota-based agribusiness Cargill said it will stop exporting Russian grains sourced by the company by the middle of this summer.

Tribune News Service

New Cargill CEO on role in global food chain: 'Food can't be weaponized'

With a Texan drawl and his V-neck sweater zipped up, Cargill's new CEO might seem uncomfortable with the plaster of white snow and hoar-frosted trees behind him outside the windows of the pyramid-shaped executive offices on the Wayzata campus of the global grain giant.

Tribune News Service

Cargill, CHS adding Houston terminal to joint venture TEMCO for grain shipments

A joint venture called TEMCO between Cargill and CHS will add a terminal in Houston, creating a new exit ramp for its heartland-grown grain headed to global markets through the Gulf of Mexico.

Tribune News Service

Cargill CFO steps down after 18 months

Cargill Inc. said Monday its chief financial officer, Jamie Miller, is resigning after a year and a half on the job to take a role at another company.

Tribune News Service

Photo of a black-bellied whistling-duck leads to a rabbit hole of mysteries

A photo of a black-bellied whistling-duck at Wolf Lake forwarded by Dave Gajewski led to the rabbit hole around the mysteries of the species and their advance north; a chance to step back and consider the big picture in the outdoors.

Chicago Sun-Times

Union Pacific railroad shipping limits generate complaints

Federal regulators and shippers are questioning Union Pacific’s decision to temporarily limit some businesses’ shipments as part of its effort to clear up congestion across the railroad

The Independent UK

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Tribune News Service

Judge rejects motion to dismiss class action on turkey pricing

A federal judge has declined to dismiss an antitrust case against several turkey suppliers including agribusiness giants Cargill and Hormel Foods Corp.

The Guardian - UK

McDonald’s and Walmart beef suppliers criticised for ‘reckless’ antibiotics use

Exclusive: Most important antibiotics for human health still used in supply chains of major US food companies, risking spread of superbugs

The Guardian - UK

Food firms’ plans for 1.5C climate target fall short, say campaigners

Major producers of soya and beef accused of failing to deliver on pledges to stop deforestation

Salon

Big Meat takes a page from Big Oil

Big Meat is using astroturfed research to obfuscate the effect of meat on the planet. Why are we letting them?

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Daily Mirror

'One of Britain's most-loved waterways is at risk of turning into an open sewer'

The Wye, one of Britain's most-loved waterways between Wales and England, now contains vast amounts of manure pollute, writes Nada Farhoud

The Guardian - UK

Chicken in British supermarkets ‘linked to deforested Amazon’

Investigation found that JBS poultry were fed on soya beans and corn from deforested areas

The Guardian - UK

World’s central banks financing destruction of the rainforest

Corporate bonds intended to inject liquidity into markets profited companies engaged in deforestation

The Guardian - UK

Small number of huge companies dominate global food chain, study finds

Two firms control 40% of global commercial seed market, compared with 10 companies 25 years ago, ETC Group says

The Guardian - UK

Record profits for grain firms amid food crisis prompt calls for windfall tax

Sales at world’s top four traders have soared, raising concerns of profiteering and speculation

The Guardian - UK

Leading grain traders ‘sourcing soy beans from Brazilian farm linked to abuse’

Bunge and Cargill, behind more than 30% of soy exports to EU and UK, accused of exposing suppliers to link with indigenous rights violations

The Independent UK

Billions pour into bioplastics as markets begin ramping up

Billions of dollars in investments are pouring into companies changing the recipe for plastic

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