cargill

The Global Transportation Hub (GTH) in Regina’s west-end will soon be home to a UFA Petroleum Cardlock location.  The United Farmers of Alberta Co-operative Ltd. (UFA) announced last week they are expanding to the GTH. CEO of UFA Fred Thun says ground work began last fall and expect to complete the project in late 2025 […]

Bunge has posted a larger-than-expected quarterly profit and warns that 2025 earnings could sink to the lowest level in six years as trade tensions and biofuel policy uncertainty drag on the agricultural sector. Bunge’s 2024 profit fell short of expectations after weak oilseed processing margins slashed fourth-quarter earnings in its core agribusiness segment. Bunge shares […]

The union representing workers at terminals in Metro Vancouver issued 72-hour strike notice on Saturday and will be in a position to strike at 7 a.m. local time Tuesday. In a notice to members posted onto its Facebook Page, the Grain Workers Union Local 333 claimed its bargaining committee made the decision to strike after […]

One Cargill strike might be over, but another might be waiting in the wings. Workers at the ready made plant in Calgary, that processes beef from the plant in nearby High River, voted Monday on a tentative contract offer. The results should be known sometime Wednesday. Last month, one-hundred per cent of those workers said […]

Cargill says its fiscal year 2023 revenue increased 7% from a year earlier to $177 billion, the highest ever for the 158-year-old company. Cargill peers Archer-Daniels-Midland and Bunge both also reported solid earnings in their most recent quarters and raised their profit outlooks for 2023. Robust demand for food, animal feed and biofuel, and global supply […]