Global food group Cargill’s net income fell by 52% to US$927 million in the first quarter of its 2027 financial year, as high U.S. cattle costs and losses linked to cocoa prices weighed on results. Read More...
Cargill has reportedly locked out around 1,700 workers at its beef processing facility in Fort Morgan, Colorado, after contract negotiations with unionised employees broke down, escalating a labour dispute that has unfolded over the past month. Read More...
In his latest opinion piece for ILM, Mike Redwood discusses how global flexitarianism might reshape the livestock industry, covering the key structural dynamics in detail. Read More...
A growing number of vegetarians and vegans in the UK are returning to eating meat, as concerns about nutrition and diet quality prompt a shift away from strict plant-based lifestyles, according to a report in The Times. Read More...
Global food group Cargill has announced that it will cut 5% of its staff, around 8,000 jobs, after poor financial results. Read More...
Meatpacker Tyson Foods has announced its financial results for the second quarter of 2023, with sales flat year-on-year. Read More...
Meatpacker and hide processor, Tyson has reported Q1 sales of US$13.26 billion up 2.5% compared with the same period last year. Read More...
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