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As one of the largest traders of agricultural raw materials in the world, Archer Daniels Midland is probably a direct or indirect link in more food supply chains than it is possible to quantify. Global sustainability director Timothy Venverloh explains how ADM is setting about making its business and those of the companies it supplies more sustainable.
Cargill this week opened its first animal protein plant in China. With demand for protein soaring in the country, the move looks a sound one from the US agribusiness giant. However, the poultry sector in China can be a challenging place to do business.
M&A was once more a focus on just-food as consolidation of the food sector continued. US natural and organic food group Annie's was snapped up by General Mills.
A lawsuit alleging Nestle, Cargill and Archer Daniels Midland "aided and abetted" child slavery in Cote d'Ivoire can proceed after an intervention by an appeals court in the US.
Tight cattle supplies have seen Cargill announce it is to close its Milwaukee beef processing plant with approximately 600 jobs at risk.
Pilgrim's Pride is reportedly upping its offer for the acquisition of Hillshire Brands to US$55 a share.
Hershey, Mars and Nestle - plus cocoa suppliers Barry Callebaut and Cargill - are among 12 companies to set up a new industry initiative to "accelerate" efforts to make farming in west Africa "more sustainable".
Five months after Cargill's rumoured interest to buy Archer Daniels Midland's cocoa and chocolate businesses came to nothing, the company today (2 September) announced a deal for part of the assets.
Agri-giant Archer Daniels Midland Company plans to sell its global chocolate operations by the end of the third quarter, the company said this week.
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