FNB News - Cargill wins two 2024 BIG innovation awards fnbnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fnbnews.com Daily Mail and Mail on Sunday newspapers.
/PRNewswire/ Four new leaders are joining Cargill s executive team. They were selected for their expertise aligned to evolving customer and employee needs.
How a Billion-Dollar Farm-Tech Startup Stumbled, Then Revamped - Governors Wind Energy Coalition governorswindenergycoalition.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from governorswindenergycoalition.org Daily Mail and Mail on Sunday newspapers.
Provided by Dow Jones By Jacob Bunge Soaring crop prices are changing fortunes for the biggest U.S. agricultural companies, delivering windfalls for grain trading giants while saddling meat producers with sharply higher costs. Executives at Tyson Foods Inc. and Pilgrim s Pride Corp. said rising grain costs this year would pressure their chicken businesses, and could lead to increased prices for consumers. Costlier feed, typically the priciest part of raising a bird, comes as meatpackers are spending hundreds of millions of dollars on Covid-19 safety measures. The change in pricing in grains has been nothing less than enormous, and that is going to weigh on the business, said Stewart Glendinning, Tyson s chief financial officer, on a Thursday conference call. The grain market rally led Tyson, the biggest U.S. meat company by sales, to project lower results from its core chicken business this year, after in November forecasting an improvement.