Business & Markets: Page 54

Legal News

Department of Justice files antitrust suit against Agri Stats

Agri Stats says lawsuit is “wrong on the law and bad for consumers.”

Business & Markets

Don’t underestimate national debt’s impact on ag economy

The deficit is leading to higher interest rates, which impact agriculture expenses and ultimately the price of food.

International Trade

Ukraine-Poland grain dispute escalates

Poland will no longer supply weapons to Ukraine over grain export clash.

Legal News

Kent Nutrition Group fined for air quality violations

Company must pay $8,500 fine for failing to comply with air quality standards at its facility in Sheldon, Iowa.

Business & Markets

Rabobank: Disease shapes landscape for global pork industry

Pressure and risk from African swine fever and other diseases are likely to remain major factors in pork production in the coming years, Rabobank said in a new report.

Company News

Cargill profit falls 43%

Cargill reported net income of $3.81 billion for the year ended May 31.

Business & Markets

Cargill to sell stake in Russian grain terminal

The Delo Group, a Russian transport and logistics holding company, will buy Cargill's 25% stake in the KSK grain terminal.

International Trade

Ag groups ask to decrease US reliance on China

Organizations asked presidential candidates to hold China accountable in a responsible manner and not threaten with retaliatory tariffs.

Company News

Tyson’s Glendinning named CEO of fashion retailer Express

Stewart Glendinning, who recently resigned as the president of Tyson Foods’ Prepared Foods business, has accepted a position as CEO of fashion apparel retailer Express Inc.

Animal Feed for Thought

Innovation, resilience secures new No. 1’s top slot in the 2023 Top Feed Companies ranking

New Hope Group

China's New Hope Group ranks as the top feed manufacturer in 2022, producing more than 28 million metric tons of compound feed.

International Trade

US helping Ukraine search for alternative grain routes

Russia announces talks with Türkiye for replacement Black Sea Grain Initiative.

Commodities

Study: Soybean industry has $124 billion impact on US economy

The 33-page study from NOPA and USB analyzes the soybean value chain’s impact on the U.S. economy since 2019.

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