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In February 2018, Cargill completed the purchase of Pro Pet, a pet food manufacturing company. Pro Pet had three manufacturing facilities, one in Owatonna, Minnesota, one in Kansas City, Kansas, and one in St. Marys, Ohio. [52] In November 2018, Cargill sold its 13 crop input locations in Ontario, Canada to La Coop Fédérée. [53]
(Reuters) -Global trading house Cargill said on Tuesday it plans to cut around 5% of its staff, or about 8,000 jobs after revenue slumped in its most recent fiscal year as crop prices hit multi ...
Cargill Meat Solutions is a subsidiary of the Minneapolis-based multinational agribusiness giant Cargill Inc, [1] [2] that comprises Cargill's North American beef, turkey, food service and food distribution businesses. Cargill Meat Solutions' corporate office is located in Wichita, Kansas, United States. Jody Horner is the division's president. [3]
In 2021, JBS, National Beef, Cargill, and Tyson were sued by grocers and wholesalers, which accused the four companies of working together to drive up the price of beef. [53] In 2024, McDonald's Corporation sued Cargill and the same three other companies, along with their subsidiaries, for alleged price fixing .
The Cargill-MacMillan family is the fourth richest family in the United States on Forbes' list. [1] [41] In 2016 their revenue was estimated at USD$49 billion, [10] and $113.5 billion in 2019. [5] [6] By 2019, Cargill Inc had been listed as America's largest private company since 1986, in all but two years that Forbes has maintained the list. [5]
In August 2021, it was announced that Sanderson Farms was sold to global food corporation Cargill, in a joint venture with Continental Grain Co. for $4.5 billion. The sale will combine Sanderson Farms with Continental subsidiary Wayne Farms to create a new, privately held chicken production company. [6]
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The lysine price-fixing conspiracy was an organized effort during the mid-1990s to raise the price of the animal feed additive lysine. It involved five companies that had commercialized high-tech fermentation technologies, including Archer Daniels Midland (ADM), Ajinomoto , Kyowa Hakko Kogyo , Sewon America Inc. and Cheil Jedang Ltd .