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Top stories on just-food this week

20 Nov 2009

This was the week when even the ongoing speculation over the future of Cadbury was trumped as the headline-grabbing story. That honour fell to UK retail's leading Dutchman, Marc Bolland, who is set to switch from Morrisons after three successful years for upmarket rival Marks and Spencer. The Bolland bombshell overshadowed the latest twist in the Cadbury saga, which saw Hershey and Ferrero indicate they could enter the fray - with a possible joint bid for the Dairy Milk maker a possibility. These are the top stories on just-food this week.

US: Imperial Sugar, Cargill and Sugar Growers in refinery JV

20 Nov 2009

Imperial Sugar, Sugar Growers and Refiners and Cargill have formed a three-way joint venture to build and operate a new cane sugar refinery in Gramercy, Louisiana.

BRAZIL: Marfrig swings to Q3 profit

27 Oct 2009

Brazilian food group Marfrig Alimentos has swung into the black during the third quarter of the year, with its numbers boosted by acquisitions.

US: Cargill earnings plummet 65%

13 Oct 2009

Cargill has posted a 65% drop in first-quarter profits as demand weakened and profits were hit by plunging earnings at majority-owned fertilizer maker Mosaic.

BRAZIL: Marfrig dismisses Frigorífico "talks"

1 Oct 2009

Brazilian food group Marfrig has played down reports that it has struck a deal to buy local beef processor Frigorífico Independência.

BRAZIL: Marfrig files for domestic share offer

24 Sep 2009

Brazilian food group Marfrig has filed plans for a domestic share offering in the wake of its US$706.2m acquisition of Cargill-owned poultry business Seara Alimentos.

BRAZIL: Marfrig in tie-up with Grupo Martins

22 Sep 2009

Brazilian food group Marfrig has announced a five-year tie-up with wholesaler Grupo Martins.

Top stories on just-food this week

18 Sep 2009

JBS's bold attempt to become the world's largest meat processor grabbed your attention this week, with its proposed acquisition of US poultry firm Pilgrim's Pride and its planned merger with Brazilian food group Bertin among the ten most-read stories on just-food. The continued rumblings over the future of Cadbury also caught your eye, as did the goings-on with Woolworths Ltd and Coles in Australia's grocery retailing sector.

BRAZIL/US: JBS to drive Pilgrim's poultry exports

17 Sep 2009

JBS, the Brazilian meat group set to become the world's largest protein company, is looking to drive the group's US poultry exports once it closes its US$2.8bn acquisition of Pilgrim's Pride.

BRAZIL/FRANCE: Marfrig not in talks with Doux

17 Sep 2009

Brazilian food group Marfrig, the new owner of former Cargill poultry business Seara Alimentos, has dismissed reports claiming it is also holding talks to buy Groupe Doux's local operations.

UPDATE: BRAZIL: Marfrig sees Cargill boost home and abroad

16 Sep 2009

Brazilian food group Marfrig said today (16 September) that its acquisition of Seara Alimentos, Cargill's local poultry and pork business, will expand its operations at home and overseas.

US: Cargill committed to meat despite Brazil sale

16 Sep 2009

US agribusiness giant Cargill remains committed to growing its meat businesses around the world, the company has told just-food, despite the sale of its pork and poultry unit in Brazil.

BRAZIL: Marfrig buys Cargill's Seara Alimentos

15 Sep 2009

Brazilian food group Marfrig has acquired Cargill-owned poultry business Seara Alimentos for US$706.2m.

BRAZIL: Marfrig, Cargill mum over "poultry talks"

14 Sep 2009

Brazilian food group Marfrig and Cargill both refused to be drawn on reports today (14 September) that they are in talks over the future of the US agribusiness giant's poultry business in the South American country.

NETHERLANDS: Cargill cocoa co-ops receive UTZ certification

10 Sep 2009

Two cocoa producing farmer co-operatives in the Côte d'Ivoire have beencertified under the cocoa sustainability programme.

US: Cargill reflects on year of "two halves"

18 Aug 2009

US food giant Cargill today (18 August) insisted it had seen the second-best year in its history despite seeing a slump in fourth-quarter earnings.

US: Cargill, Kraft launch grilling promotion

1 Jul 2009

US food giants Cargill and Kraft Foods have teamed up to launch a joint promotion as its domestic market prepares for the summer season.

VENEZUELA: Tetra Pak seeks Chavez talks

16 Jun 2009

Controversial Venezuelan president Hugo Chavez, scourge of a number of Western multinationals, has reportedly turned his attention to packaging giant Tetra Pak and threatened to ride roughshod over patents protecting the group's products.

Top stories on just-food this week

29 May 2009

The increasingly sour row over milk prices in Europe continued to grab your attention this week amid news the EU could provide some help to farmers. The latest numbers from Heinz, Northern Foods and Greencore also proved popular – especially as a bullish Greencore signalled its plans to expand further in the US. And the speculation surrounding Danone's reported interest in Parmalat also raised eyebrows. These are the top ten stories on just-food this week.

NETHERLANDS: Cargill opens chocolate plant

28 May 2009

US food ingredients giant Cargill today (28 May) opened a chocolate production facility in the Netherlands.

Top stories on just-food this week

17 Apr 2009

The latest numbers from two Cs - Carrefour and Cargill - proved among the more popular stories on just-food this week. Carrefour insisted it had put in a “resilient” performance during the first quarter of 2009 - despite seeing sales drop almost 3%. Cargill, the agribusiness giant, blamed the downturn for a slump in third-quarter profits. Elsewhere, sales of frozen food in the US are predicted to grow 25% by 2013, according to a US study and in the UK frozen foods are proving ever more popular in the credit cruch, further evidence of the popularity for frozen food on both sides of the Atlantic. These are the top stories on just-food this week.

US: Cargill Q3 profit plummets

14 Apr 2009

US food and agriculture giant Cargill today (14 April) posted third-quarter net earnings of US$326m, down 68% from last year’s profits of $1.03bn.

VENEZUELA: Cargill seeks talks after plant seized

6 Mar 2009

US food giant Cargill is looking for talks with the Venezuelan government after one of the company's rice plants was expropriated by the authorities.

US: Cargill posts earnings surge

14 Jan 2009

US food and agriculture giant Cargill yesterday (13 January) reported a 43% surge in net earnings for the first six months of its fiscal year, boosted by recent investments in the fertiliser industry.

US: Cargill to buy Nebraska meatpacking plant

15 Dec 2008

US food and agricultural conglomerate Cargill has signed a deal to buy a meatpacking pant in Nebraska from Carneco Foods.

US: Cargill sees earnings lift 55%

19 Aug 2008

Cargill today (19 August) a 55% increase in earnings from continuing operations, which rose to US$3.64bn for the full year.

EU: Cargill raided in EU cereals probe

11 Jul 2008

US-based agribusiness giant Cargill is at the centre of an EU probe into alleged price-fixing among traders and distributors of cereals and other agricultural products.

US: Cargill innovation centre complete

9 Jul 2008

Cargill, the US-based food and agribusiness group, has opened a snacks and cereal product innovation centre in Minneapolis.

Bunge acquisition provides food for thought

24 Jun 2008

The move from US agribusiness giant Bunge to buy smaller peer Corn Products International may have got a cool response from the market yesterday (23 June) but the deal will benefit both companies - and give their customers, the global packaged food giants, plenty of food for thought. Dean Best and Katy Humphries report.

US: Floods force Cargill to declare force majeure on contracts

19 Jun 2008

Cargill Inc. has been forced to declare “force majeure” on some of its corn syrup contracts after its corn-milling plant at Cedar Rapids, Iowa, had to shut down following the floods in the Midwest.





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