Reading Time: 2 minutes Workers on the verge of striking at Cargill’s major beef cattle slaughter plant at High River, Alta. will vote this week on a new contract offer from the company. However, the union bargaining committee for the workers, represented by the United Food and Commercial Workers (UFCW) Local 401, is recommending employees vote against the proposal. […] Read more
High River beef plant workers to vote on Cargill offer
UFCW bargaining committee is recommending nay
Cargill beef plant workers serve strike notice
Without a deal, High River workers will walk Dec. 6
Reading Time: 3 minutes Unionized workers at Cargill’s cattle slaughter and processing plant at High River, Alta. will start strike action next month unless a deal can be reached with the company, their union said Wednesday. A strike would begin at High River no sooner than Dec. 6 at 12:01 a.m. if a new collective bargaining agreement isn’t reached […] Read more
Cargill close to resolving slow grain payments to farmers
Producers delivering now can expect their money right away, but the firm is still working on some payments for previously delivered grain
Reading Time: 3 minutes Cargill is closer to fixing problems with paying farmers promptly for their delivered grain. “They [Cargill] have worked through most of the issues,” Canadian Grain Commission spokesman Remi Gosselin said in an interview Tuesday. “Our understanding at the grain commission is that there should be no issues on a go-forward basis for future deliveries and […] Read more
Cargill, ADM sell GrainBridge to ag software firm Bushel
'Network effect' expected in grains sector
Reading Time: 2 minutes An online service farmers use to manage grain sales with ADM’s elevators and processing plants across Canada — along with Cargill and ADM elevators in the U.S. — is under new ownership. ADM and Cargill, the two major U.S.-based agribusinesses that set up GrainBridge in 2019, announced Tuesday they’ve sold it to Bushel, a Fargo, […] Read more
U.S. grains: Soybeans, corn, wheat end firmer on bargain buying
Markets up off fall from Ida damage
Reading Time: 2 minutes Chicago | Reuters — U.S. soybean futures firmed on Thursday on bargain buying after a six-session slide and better-than-expected weekly export sales data, analysts said. Corn and wheat futures also edged higher, consolidating after recent declines. Chicago Board of Trade November soybeans settled up 5-1/2 cents at $12.83-1/4 per bushel, bouncing a day after hitting […] Read more
U.S. grains: Corn, soybeans sag on export worries after Ida
Wheat futures follow downward
Reading Time: 2 minutes Chicago | Reuters — U.S. corn futures fell about two per cent on Wednesday, with the benchmark December contract hitting a seven-week low as worries about shipping delays from the U.S. Gulf Coast triggered a round of long liquidation, analysts said. Soybean futures touched a two-month low and wheat followed the weaker trend. Commodity funds […] Read more
U.S. grains: Corn, soy, wheat sag as Ida damage spurs export concerns
Traders adjust positions on last day of month
Reading Time: 2 minutes Chicago | Reuters — U.S. grain and soybean futures touched their lowest prices in weeks on Tuesday as power outages and damage to export facilities from Hurricane Ida stoked concerns about the potential for extended disruptions to shipments, analysts said. Uncertainty over the length of facility closures at the Gulf Coast, which accounts for about […] Read more
U.S. grains: Prices down on rains, Ida shuts grain facilities
Iowa, Minnesota crops benefit from rain; Cargill says Ida damaged Louisiana terminal
Reading Time: 2 minutes Chicago | Reuters — Favourable rains in the U.S. Farm Belt combined with approaching harvests to push down Chicago Board of Trade grain and soybean futures on Monday, analysts said. Traders, meanwhile, assessed disruptions to U.S. crop exports from Hurricane Ida at a time when global supplies are tight and demand from China is strong. […] Read more
Cargill, Continental Grain to buy chicken producer Sanderson Farms for $4.5 bln
Reading Time: 2 minutes Reuters – Commodities trader Cargill Inc and agricultural investor Continental Grain Co will buy chicken producer Sanderson Farms Inc for $4.53 billion, the companies said on Monday, at a time when meat prices have been soaring due to strong demand. The deal would see Sanderson Farms, the third-largest poultry producer in the United States, join […] Read more
Rail shippers pick sides as CP, CN bid for Kansas City Southern
Richardson, Conagra among firms supporting both bids
Reading Time: 2 minutes Winnipeg | Reuters — North America’s freight rail customers, from grain shippers to logistics companies, are choosing sides as Canadian Pacific Railway and Canadian National Railway fight to buy Kansas City Southern. A takeout of KCS would be the first major North American railroad combination in more than 20 years and create the first network […] Read more
A message from April Stewart, Country Guide's Associate Editor
