Cargill

Cargill Planning To Cut Around 8,000 Jobs

Global trading house Cargill said that it plans to cut around 5% of its staff, or about 8,000 jobs after revenue slumped in its most recent fiscal year as...

Bunge Profit Tops Estimates On Grain, Oilseed Volumes; 2024 Outlook Intact

Bunge exceeded Wall Street expectations for third-quarter profit as large global harvests provided the grain trader and processor enough volumes of soy, co...

France's Danone Cuts Out Brazilian Soy Ahead Of Tough New EU Rules

Danone has stopped sourcing soy from Brazil and now buys from countries in Asia, its finance chief told Reuters, ahead of a European Union rule requiring c...

Louis Dreyfus Company's First Half Profit Drops As Grain Supply Swells

Louis Dreyfus Company (LDC) posted higher first-half sales volumes and a drop in profit, as the commodity group faced rising supply and lower prices of som...

Cargill Internal Memo Describes Structural Overhaul To Streamline Company

Cargill will undergo structural changes after missing internal earnings goals, with plans to streamline operations into three units instead of five.

Bunge Global Misses Quarterly Profit Expectations

Bunge Global missed Wall Street expectations for second-quarter profit as the world's largest oilseed processor suffered from lower crushing margins.

Traders Face $1bn Loss On Faltering Ghana Cocoa Supply, Sources Say

Trading houses face losses of at least $1 billion on cocoa derivatives after major producer Ghana failed to deliver beans this year, forcing trad...

Bunge, Viterra Offer To Sell EU Assets Seeking EU Approval For Merger

US grains merchant Bunge and Glencore-backed Viterra have offered to divest assets in two EU countries aimed at winning EU antitrust approval for thei...