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China rejected some of CargillUS: "External" issues hit Cargill profits

9 April 2014

Cargill has blamed "external" effects - including problems with corn shipments to China - for a slump in earnings in its third quarter.

US: Cargill, Copersucar to form sugar JV

31 March 2014

Cargill and Copersucar have announced plans to combine their global sugar operations in a 50-50 joint venture.

On the money: Marfrig eyes growth opportunities despite 2013 losses

12 March 2014

Marfrig CEO Sergio Rial was upbeat about the progress he saw at the Brazil-based meat processor yesterday (11 March), insisting the company was "more stable" than in previous years despite falling into the red in 2013.

Confectionery: Chocolate and the scrutiny on sugar

10 March 2014

Sugar is under the spotlight, with academics and NGOs emphasising what they see as its central role in growing obesity. Such views are gaining more mainstream media attention, which has profound implications for the food industry and, in particular, for the chocolate sector. However, what are the prospects for low-sugar chocolate? Jonathan Thomas investigates.

Quote, unquote: just-food's week in words

17 February 2014

Nestle and Mondelez International were among the major food manufacturers reporting 2013 results last week, although perhaps the most notable financial update was ConAgra Foods' second profit warning in five months. Elsewhere, there was speculation over the future ownership of UK grocer Morrisons and United Biscuits continued its international expansion with an investment in Nigeria.

US: ConAgra cuts profit forecast again

11 February 2014

Shares in ConAgra Foods plunged more than 7% today (11 February) as the US food giant company announced it was lowering its forecast for annual earnings for the second time.

INDIA: Cargill buys Leonardo olive oil from Dalmia

10 February 2014

Cargill has added to its edible oil portfolio in India through the acquisition of the Leonardo brand of olive oil from local group Dalmia Continental.

BRICs and beyond: Local factors hindering grocery retail in India

30 January 2014

Poor logistics, including a lack of infrastructure and trained manpower, keep modern branded food retail from actualising its potential in India, industry experts have warned.

INDIA: Retailers must target smaller cities, food giants say

28 January 2014

India's smaller towns and cities are a potential lucrative and largely untapped market for branded food retailers, food giants Nestle and Cargill have said.

Quote, unquote: just-food's week in words

27 January 2014

Last week, the race to buy Australian dairy Warrnambool Cheese and Butter Factory took a decisive turn when Murray Goulburn - and WCB investor - accepted the bid from rival suitor Saputo's takeover bid in what has been an ongoing saga. ConAgra Foods and US retailer Trader Joe's were accused of breaking competition law, while Cargill settled discrimination claims out of court. There were rumours French meats firm Jean Caby was undergoing a restructure and that United Biscuits could either float or be sold. And there were job losses at Kellogg, UK baker Bright Blue and US meat giant Tyson Foods. Here is the week in quotes.

US: Cargill settles discrimination claims with $2.2m payout

23 January 2014

Cargill has agreed a $2.2m settlement after facing allegations it discriminated against the colour, race and gender of potential job applicants.

US: Cargill H1 profits down, reports Q2 progress

10 January 2014

Cargill has reported a fall in half-year profits but said earnings improved in three-quarters of its business in its second quarter.

just-food's review of 2013: the year's most-read analysis

19 December 2013

Our discussion of Whole Foods' battle to see off newly-listed rivals Sprouts Farmers Market and Fairway, Unilever's ongoing moves to rationalise its portfolio, the impact Chinese demand was having on global infant formula supplies and the continued M&A in the sector were among the most popular analysis articles on just-food this year.

BELGIUM: Cargill to double capacity at chocolate site

16 December 2013

Cargill has started work on doubling the production capacity of a chocolate manufacturing site in Belgium.

Sustainability Watch - Timothy Venverloh, Archer Daniels Midland

27 November 2013

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.

UK: Cargill eyes UK growth through capacity expansion

6 November 2013

Agribusiness giant Cargill is to invest GBP35m (US$56.3m) in its UK poultry processing facility in Hereford in a bid to strengthen its position in the country.

US: Drought hits quarterly profits at Cargill

9 October 2013

US agribusiness giant Cargill today (9 October) reported a 41% fall in first-quarter profits due in part to the impact of last year's severe drought in the US.

US: Cargill "in final stages" of ADM cocoa deal

2 October 2013

US agribusiness giant Cargill is reported to be close to securing a deal to acquire Archer Daniels Midland's cocoa business.

Interview: Cargill enters China's challenging poultry sector

27 September 2013

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.

US: Cargill COO MacLennan to become CEO

11 September 2013

US agribusiness group Cargill has promoted its COO David MacLennan to the role of chief executive.

US: Cargill invests to boost efficiency at beef plant

4 September 2013

Cargill is spending US$48m on an automated distribution system at its beef plant in Kansas to "better serve" its retail and industrial customers.

THAILAND: Cargill to upgrade Saraburi poultry processing site

4 September 2013

US agribusiness giant Cargill is investing THB300m (US$10m) in upgrading its poultry processing facility in Saraburi, Thailand, with completion expected for July 2014.

US: Annual profits almost double at Cargill

7 August 2013

US agribusiness giant Cargill saw profits almost double in its last financial year, with its food ingredients arm reporting record earnings.

Editor's choice: the highlights on just-food last week

22 July 2013

China has once more dominated the headlines, as we brought you coverage of our recent trip to the country where we were given the opportunity to meet with Nestle CEO Paul Bulcke.

Quote, unquote: just-food's week in words

22 July 2013

Last week we published our interview with Nestle CEO Paul Bulcke from China where he spoke about how Nestle is driving global sales growth and its focus on delivering science-based nutrition solutions.

Deal or no deal: Cargill touted as ADM cocoa suitor

18 July 2013

Reports emerged earlier this month that US agribusiness giant Cargill is exploring the possibility of buying Archer Daniels Midland's (ADM) cocoa business. While not confirmed, such a purchase would create a global giant in the sector. Michelle Russell takes a closer look.

Editor's choice: the highlights on just-food last week

8 July 2013

The story of the week centred around China's probe into the alleged fixing of infant formula prices in China, an investigation that has taken in the likes of Nestle and Danone. Elsewhere, consumer goods giant PZ Cussons has decided to move further into food with its acquisition of Australian baby food business Rafferty's Garden. And our latest executive interviews included Australian free-from business Freedom Foods Group and UK baker Finsbury Food Group.

Quote, unquote: just-food's week in words

8 July 2013

Last week saw just-food following China's investigation into the alleged fixing of infant formula prices, which has involved Danone, Nestle and Mead Johnson. We also spoke with a number of company executives about their growth plans including the MD of Australia-based Freedom Foods Group, Rory McLeod, who outlined the company's plans and explained why gluten-free needs to focus more on taste. We also spoke with Finsbury Foods CEO John Duffy about the potential the company sees in bread. Elsewhere, Ocado released its first-half results and FMCG giant PZ Cuzzons struck a surprise deal to buy Australian baby food business Rafferty's Garden.

SWITZ: Barry Callebaut volumes beat market forecasts

4 July 2013

B2B chocolate giant Barry Callebaut today (4 July) reported an 8% increase in sales volumes for the first nine months of its financial year, with growth, it said, across all regions.

US: States "join probe of Cargill, ConAgra, CHS flour deal"

4 July 2013

A group of states have reportedly jointed a federal anti-trust investigation into a joint venture agreement between Cargill, ConAgra Foods and CHS.







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