How We Login in Cargill Beef Milwaukee
Type | Private |
---|---|
Industry | Conglomerate |
Founded | 1865 (1865) |
Founder | William Wallace Cargill |
Headquarters | Minnetonka, Minnesota, U.South. |
Area served | Worldwide |
Fundamental people | Dave MacLennan (Chairman and CEO) |
Products | Agricultural services, crop and livestock, food, health and pharmaceutical, industrial & financial risk management, raw materials |
Acquirement | United states$114.695 billion (2018)[1] |
Operating income | United states of america$43.204 billion (2018)[ane] |
Net income | U.s.a.$4.93 billion (2021)[2] |
Total assets | US$759.475 billion (2018)[1] |
Owner | Cargill family (88%) |
Number of employees | 166,000 (2019) |
Website | www |
Cargill, Inc., is a privately held American global food corporation based in Minnetonka, Minnesota, and incorporated in Wilmington, Delaware.[3] [4] [five] Founded in 1865, it is the largest privately held corporation in the Usa in terms of revenue.[half-dozen] If it were a public company, information technology would rank, as of 2015, number 15 on the Fortune 500, behind McKesson and ahead of AT&T.[vii] Cargill has frequently been the subject of criticism related to the surround, man rights, finance, and other ethical considerations.
Some of Cargill's major businesses are trading, purchasing and distributing grain and other agricultural commodities, such as palm oil; trading in energy, steel and transport; raising of livestock and production of feed; and producing food ingredients such every bit starch and glucose syrup, vegetable oils and fats for awarding in candy foods and industrial utilise. Cargill besides has a large fiscal services arm, which manages financial risks in the commodity markets for the company. In 2003, information technology separate off a portion of its fiscal operations into Black River Asset Direction, a hedge fund with nearly $10 billion of assets and liabilities. It owned 2-thirds of the shares of The Mosaic Company (sold off in 2011), one of the globe's leading producers and marketers of full-bodied phosphate and potash crop nutrients.
Cargill reports revenues of $114.695 billion and earnings of $3.103 billion in 2018.[8] Employing over 166,000 employees in 66 countries, it is responsible for 25% of all United States grain exports. The company also supplies virtually 22% of the Us domestic meat market, importing more production from Argentine republic than any other company, and is the largest poultry producer in Thailand. All the eggs used in US McDonald's restaurants pass through Cargill'due south plants. It is the but United states of america producer of Alberger procedure common salt, which is used in the fast-food and prepared food industries.
Cargill remains a family-endemic business organization, as the descendants of the founder (from the Cargill and MacMillan families) own over 90% of it.[9] Gregory R. Folio succeeded onetime CEO Warren Staley in mid-2007, as Staley reached Cargill's mandatory retirement age of 65, and was CEO and chairman until 2013, when he in turn was succeeded past Dave MacLennan.
History [edit]
19th century [edit]
Cargill was founded in 1865 by William Wallace Cargill when he bought a grain flat house in Conover, Iowa. A year after William was joined by his brother Sam, forming Due west. W. Cargill and Brother. Together, they congenital grain flat houses and opened a lumberyard. In 1875, Cargill moved to La Crosse, Wisconsin, and their brother James joined the concern. La Crosse was strategically located on the Mississippi near the junctions of the La Crosse River, Dubuque, and Southern Minnesota divisions of the Chicago, Milwaukee and St. Paul Railroad.
Sam Cargill left La Crosse in 1887 to manage the role in Minneapolis, an of import emerging grain middle. Three years later, the Minneapolis operation incorporated as Cargill Elevator Co.; some years after that the La Crosse performance incorporated as Westward. Due west. Cargill Visitor of La Crosse, Wisconsin. In 1898, John H. MacMillan, Sr., and his brother, Daniel, began working for W. W. Cargill. MacMillan and then married William Cargill's eldest girl, Edna.
20th century [edit]
Upon Sam Cargill'due south death in 1903, William Cargill became the sole owner of the La Crosse office. John MacMillan was named full general manager of Cargill Elevator Company and moved his family to Minneapolis. William Cargill died in 1909, creating a fiscal crisis for the visitor. MacMillan worked to resolve the credit issues and to force his brother-in-law William Southward. Cargill out of the visitor. The electric current owners are descended from John MacMillan'due south two sons, John H. MacMillan, Jr., and Cargill MacMillan, Sr., and his youngest brother-in-law, Austen S. Cargill I.
John MacMillan ran the visitor until his retirement in 1936. Under his leadership Cargill grew several fold, expanding out of the Midwest by opening its first Eastward declension offices, in New York, in 1923, and the get-go Canadian, European and Latin American offices in 1928, 1929 and 1930. During this time, Cargill saw both record profits and major cash crunches.
The offset of the crises was the debt left by the death of William West. Cargill. The visitor issued $2.25 million in Aureate Notes, backed by Cargill stock, to pay off its creditors. The Gold Notes were due in 1917, but thanks to record grain prices caused by World War I all debts were paid past 1915.
As World War I connected into 1917, Cargill made record earnings and faced criticisms of war profiteering. Iv years later, as a fallout from the financial crash of 1920, Cargill posted its first loss.
One of the biggest criticisms of the company has been its perceived arrogance (see, for example, Brewster Kneen in the Ecologist and also Greg Muttitt in the same journal). The MacMillans' aggressive management mode led to a decades-long feud with the Chicago Board of Trade. It began in 1934, when the Board denied membership to Cargill. The US government overturned the Board'due south ruling and forced it to accept Cargill as a member. The 1936 corn crop failed and with the 1937 crop unavailable until October, the Chicago Board of Trade ordered Cargill to sell some of its corn. Cargill refused to comply.[10]
The U.s.a. Commodity Commutation Authority and Chicago Board of Merchandise accused Cargill of trying to corner the corn market. In 1938, the Chicago Board suspended Cargill and 3 of its officers from the trading flooring. When the Board lifted its break a few years later, Cargill refused to rejoin, instead trading through independent traders. During Globe War II, MacMillan, Jr., connected to expand the visitor, which boomed equally it stored and transported grain and built ships for the United States Navy.[ten] In 1962, Cargill rejoined the Chicago Board of Trade, two years after MacMillan's decease.
In 1960, Erwin Kelm became the first not-family chief executive. Aiming for expansion into downstream production, he led the company into milling, starches and syrups. Equally the company grew, it developed a market place intelligence network every bit it coordinated its commodities trading, processing, freight, aircraft and futures businesses. In the decades earlier email, the company relied on its own telex-based system for internal communication.[ten]
When the Soviet Spousal relationship entered the grain markets in the 1970s, demand grew to unprecedented levels, and Cargill benefitted. When Whitney MacMillan, nephew of John, Jr., took over the company from Kelm in 1976, revenue approached $thirty billion. U.s. authorities put pressure on big grain exporters with allegations of manipulating the market, and Cargill was a major target, but information technology emerged without any major changes.[10]
In 1978 Cargill purchased the large Leslie Table salt refining visitor in Newark, California, from Schilling.[12] [13]
In 1979, Cargill entered the meat-processing business with the purchase of beefiness processor MBPXL (later Excel).[14] The division expanded into turkey, nutrient service and food distribution businesses and is now known as Cargill Meat Solutions.
In 1986 Cargill started operations in Venezuela through a partnership with the Possenti family's Mimesa C.A. to class Agroindustrial Mimesa in Maracaibo, dedicated to the manufacturing of flour and pasta. Expansion followed thereafter.[fifteen]
Tensions arose with the visitor's private shareholders, equally Cargill typically put fourscore% of earnings dorsum into the business. By the early 1990s, members of the Cargill and MacMillan families became upset that their shares in the visitor were yielding mediocre dividends. Demands rose for an initial public offering to turn the company public. The company responded with an employee stock ownership programme, and in 1993 reportedly purchased 17% of the firm for $730 1000000 from 72 Cargills and MacMillans. It used that stake to begin the employee stock programme. The company's board of directors was reorganized to reduce the number of relatives to six, alongside six independents and 5 managers.[10]
Ernest Micek took over as chief executive in August 1995. Cargill underwent turmoil in the post-obit years; its financial unit lost hundreds of millions of dollars in 1998 when Russia defaulted on debt and developing countries began to take financial issues. The bolt and ingredients business, which was 75% of Cargill's total revenue, suffered from the 1997 Asian Financial Crisis.[10] Revenues brutal by double-digit percentages for two years in a row, from $55.7 billion in 1997 to $51.four billion in 1998 and $45.7 billion in 1999, while net income roughshod from $814 million in 1997 to $468 million in 1998 and $220 1000000 in 1999.[ix] Past 1999, the company had $iv billion in debt. After a reduction in previously strong bond credit rating, Micek announced he would step down a year early.[10]
21st century [edit]
Warren Staley became primary executive and connected expanding the company and it rebounded.
In 2002 Cargill acquired European-based starch manufacturer Cerestar from Montedison for $1.one billion.[sixteen]
By 2002, Cargill had over $50 billion in annual sales, twice the amount of its closest rival, Archer Daniels Midland, and had 97,000 employees running more than 1,000 production sites in 59 countries.[ten]
Cargill Meat Solutions acquired Milwaukee Emmpak in 2003 and merged it with Taylor Packing Co. (purchased in 2001). In 2006, Cargill Meat purchased Fresno Meats. The iii main brands of beef are Circumvolve T Beefiness, Valley Tradition, and Meadowland Farms.[17]
On June 1, 2007, CEO Staley was succeeded by Gregory R. Page.
Cargill's quarterly profits exceeded $1 billion for the get-go time during the quarter ending on Feb 29, 2008 ($one.03 billion); the 86% rise was credited to global food shortages and the expanding biofuels industry that, in turn, caused a rising in demand for Cargill's core areas of agricultural commodities and technology.[xviii] [19] [twenty]
In October 2011, the U.S. Justice Department announced that a biotech specialist at Cargill had pleaded guilty to stealing information from Cargill and Dow AgroSciences. Kexue Huang, a Chinese national, was discovered to be passing trade secrets dorsum to China.[21]
In November 2011, Cargill completed the acquisition of Provimi, a global animal diet company for €1.five billion ($ii.1 billion US).[22]
On Apr 1, 2012, Cargill completed a purchase of a cat and canis familiaris food plant in Emporia, Kansas. It was previously owned by American Nutrition.[23]
In Dec 2013 CEO and chairman Folio was succeeded by current CEO Dave MacLennan.
In December 2014, Cargill finished commissioning a $100 one thousand thousand Indonesian cocoa plant.[24]
In 2015, Cargill wound down its Black River Asset Direction division by shutting down four hedge funds, folding two agronomics and energy funds into Cargill, and spinning off three fund businesses to employees to create the hedge fund Proterra Investment Partners, emerging markets debt specialist Argentem Creek Partners and private disinterestedness firm Garda Capital Partners.[25]
In 2016, Cargill announced that it would motility its Protein Group headquarters from older buildings in downtown Wichita, Kansas, and consolidate into a new building in Wichita'due south nearby Old Town area. The new $60 million building volition exist built on the site of the building that formerly housed The Wichita Eagle, following the old edifice's demolition.[26] [27]
In 2016, Cargill completed the commissioning of a feed plant in Bathinda, Punjab, Bharat, and manufactures dairy cattle feed nether the Purina brand name.[28]
In February 2018, Cargill completed the buy of Pro Pet, a pet food manufacturing visitor. Pro Pet had three manufacturing facilities, i in Owatonna, Minnesota, one in Kansas Metropolis, Kansas, and one in St. Marys, Ohio.[29]
In Nov 2018, Cargill sold its 13 crop input locations in Ontario, Canada to La Coop Fédérée.[xxx]
In 2018, Cargill made a $25 million investment in Puris, a supplier of pea protein used in Across Meat products. In 2019, Cargill invested an additional $75 million.[31]
COVID-19 crunch [edit]
On April viii, 2020, Cargill closed its Hazleton, Pennsylvania meatpacking facility because "an unspecified number of Cargill employees at the plant [had] tested positive for COVID-19." The county had the "highest number of confirmed cases of COVID-xix in the area with 982", of which 849 were in Hazelton.[32] [33]
On April 20, 2020, Cargill temporarily airtight its Loftier River, Alberta, found because "the functioning was linked to nearly 500 cases of COVID-19". All ii,100 employees were recommended for virus testing.[34] This plant was responsible for about 36% of Canada's beef producing capacity.[35] On May half-dozen, the plant was connected with ane,560 cases of COVID-19.[36] United Food and Commercial Workers Canada (UFCW) Union Local 401 has recommended the establish's closure since 38 cases were known.[37]
The public health authorisation of Quebec did not shut downwardly a Cargill plant in Chambly south of Montreal on May ten, 2020. A total of 64 employees, virtually 13% of the workforce, accept COVID-nineteen. The workers are represented by the UFCW. The public health department for the Montérégie region had been working with Cargill since April 25 to bargain with the outbreak. Cargill closed the plant on its own.[38] [39]
On May 11, a CBC journalist wrote, "The Cargill establish in Alberta, where there have been about 1,000 reported cases [of human being COVID-nineteen], is now considered the largest single-site outbreak in Due north America."[xl] Meanwhile, the Agriculture Union of CFIA's embedded inspectors at slaughterhouses said that management is "threatening disciplinary action confronting employees who refuse to be reassigned to work at COVID-19-infected meat plants", while Deputy PM Chrystia Freeland said, "those who experience unsafe won't exist forced dorsum to work."[twoscore]
Also on May xi, the Alberta government disclosed that a second worker from the Cargill constitute there had died that solar day.[41]
On 3 June 2020, Cargill appear that it would no longer publish quarterly results, stopping the disclosures that the visitor has provided since 1996. Cargill canceled its third-quarter earnings release in March 2020 amid the COVID-19 pandemic.[42]
Lath of directors [edit]
As of December 2016:[43]
- Brandon Graham, Cargill family member
- Andrew C. Liebmann, Cargill family unit member
- John H. MacMillan Four, Cargill family member
- David D. MacMillan, Cargill family member
- John C. MacMillan, Cargill family member
- Anne Pedrero-MacMillan, Cargill family member
- Richard A. Cargill, Cargill family unit fellow member
- David W. MacLennan, chairman and CEO of Cargill
- Todd Hall, executive vice president of Cargill
- Marcel H.Thou. Smits, executive vice president and chief fiscal officer of Cargill
- Joseph J. Stone, corporate senior vice president and primary risk officer of Cargill
- Richard H. Anderson, retired chairman of Delta Air Lines, Inc.
- Louis R. Chênevert, retired chairman and principal executive officer of United Technologies Corporation
- Arthur D. Collins Jr., retired chairman and primary executive officeholder of Medtronic, Inc
- Stephen J. Hemsley, chief executive officeholder of UnitedHealth Group
- Bernard Poussot, retired chairman, primary executive officer and president of Wyeth
- Trudy Rautio, retired president and chief executive officeholder of Carlson
- John Watson, retired chairman, chief executive officeholder of Chevron
Countries of performance [edit]
As of 2016[update], Cargill operates in 70 countries beyond six regions effectually the world.[44]
Africa [edit]
Algeria, Ivory Coast, Egypt, Republic of ghana, Kenya, Morocco, Mozambique, Nigeria, South Africa, Uganda, Zambia and Zimbabwe.
Asia Pacific [edit]
Mainland china, Bharat, Indonesia, Nippon, Malaysia, Islamic republic of pakistan, Philippines, Singapore, South korea, Sri Lanka, Taiwan, Thailand and Vietnam.
Oceania [edit]
Commonwealth of australia, New Zealand
India [edit]
Starting operations in 1987, Cargill now has a foods business organization unit Chosen Cargill Foods India which processes, refines and markets a wide range of both indigenous and imported edible oils, fats and blends to the nutrient industry including Sweekar, Nature Fresh, Gemini, Rath and Shakti brands of Edible Oil. In 2012 it launched Chakki fresh atta in India by the brand name "Sampoorna". Its customers are in the retail, food service sector and beverage industry.
Autonomously from sugar and cotton fiber Cargill India is one of the largest originators and marketers of nutrient and fibroid grains in Bharat. It as well has its own Merchandise and Structured Finance arm which too operates the Cargill Capital letter and Financial Services Republic of india Private Limited. Its Cargill Energy, Transport and Metals BU is agile beyond ocean freight, coal, iron ore and steel trading. It bought Sunflower Oil Brand From Wipro In December 2012.[45] [46]
Cargill is one of many large food companies ownership direct from the Indian farmer. Later on the regime of India, the second largest buyer of food grain in India is Cargill. Information technology has been buying grains and oilseeds in India since 1998. It besides has the largest producer of potash that is Mosaic.
Islamic republic of pakistan [edit]
Cargill started doing business concern in Pakistan in 1984.[47] Cargill Pakistan Holdings was incorporated on Jan 25, 1990.[48] In the 1980s, Cargill sold hybrid safflower seeds extensively in Islamic republic of pakistan.[49] Today, Cargill imports palm oil and palm oil products from Malaysia and Indonesia into Pakistan, selling them in the local market place. Information technology too buys raw cotton fiber bales from producers in Pakistan and sells them to People's republic of china, Thailand and Vietnam.[47] [50] Cargill also deals in animal feed, agriculture bolt, cotton, grain and oilseeds, metals, palm and carbohydrate business in Islamic republic of pakistan.[48]
In January 2019, Cargill announced a $200 meg investment to abound business in Pakistan.[51]
Europe [edit]
Austria, Belgium, Bulgaria, Kingdom of denmark, Finland, French republic, Deutschland, Greece, Republic of hungary, Ireland, Italy, Luxembourg, Netherlands, Norway, Poland, Portugal, Romania, Russian federation, Slovakia, Espana, Sweden, Switzerland, Turkey, Ukraine and the United Kingdom.
Latin America [edit]
Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Dominican Republic, Republic of ecuador,[52] Republic of guatemala, Honduras, Nicaragua, Paraguay, Peru, Uruguay and Venezuela.
Middle Due east [edit]
Hashemite kingdom of jordan and United Arab Emirates.
Due north America [edit]
Cargill sells table salt in the Us under the Diamond Crystal make.[53]
Meat processing plants [edit]
Meat type | Plant location | Plant size | Employees |
---|---|---|---|
Beef | Wyalusing, PA | 500K sq ft | ane,200 |
Beef | Fresno, CA | 400K sq ft | ane,100 |
Beef | Milwaukee, WI | 250K sq ft | 950 |
Beefiness | Friona, TX |
[edit]
Cargill was a sponsor of NASCAR driver Ricky Stenhouse, Jr.[54]
Criticism [edit]
As a individual company, Cargill is not required to release the same corporeality of information as a publicly traded company and, every bit a business organisation practice, keeps a relatively low profile.[ix] [10]
In 2019 the NGO Mighty Globe released a 56-folio report on Cargill. Mighty Earth chair and former U.Southward. Congressman Henry A. Waxman called Cargill "the worst company in the globe" and said information technology drives "the about important bug facing our world" (deforestation, pollution, climate change, exploitation) "at a scale that dwarfs their closest competitors."[55] [56] [57]
In 2019, the Swiss NGO Public Heart as well criticized Cargill in various contexts in a written report on agricultural article traders in Switzerland.[58]
Homo rights abuses [edit]
In 2005, the International Labor Rights Fund filed suit confronting Cargill, Nestlé, and Archer Daniels Midland in federal court on behalf of children who said they were trafficked from Mali into Côte d'Ivoire and forced to piece of work 12 to 14 hours a twenty-four hour period with no pay, trivial food and sleep, and frequent physical abuse, on cocoa bean plantations.[59]
Cargill was a major heir-apparent of cotton wool in Uzbekistan, despite the industry prevalence of uncompensated workers and possible homo rights abuses, and admissions made by 2 representatives that the visitor is aware of the possible use of child labor in the production of its crops. Their concerns have been public since 2005, but no action has been taken regarding labor violations in their Uzbek operations. The company has not traded any Uzbek cotton in several years.[60]
In February 2018, several employees of Cargill'due south Dayton, Virginia plant held protests. Their grievances included poor wellness benefits, bad working conditions, and Cargill'due south allegedly firing employees who organized to create a union.[61] The protests led to nine people'south arrest for trespassing on company holding.[62]
Even more recent evidence stems from a 2019 Tv set program on French channel France 2 near cocoa illegally harvested from protected areas in Côte d'Ivoire.[63] The report found child labour to be widespread on the plantations investigated: every third worker was a kid. Instances of kid trafficking from neighbouring Burkina Faso were likewise reported. Cargill, which buys from the plantations under investigation, at outset denied that it was buying cocoa from protected areas, but was forced to admit that its traceability system had not reached these areas, and therefore that it could not fully trace the origins of its cocoa. One of Cargill's biggest customers of cocoa sourced from Côte d'Ivoire is Swiss-based food behemothic Nestlé, as afterward reported by Swiss Television receiver channel RTS.[64]
During the COVID-19 outbreak in 2020, a unmarried meat processing establish in High River, Canada, was linked to over 358 cases[65] of infection. United Food and Commercial Workers Canada Wedlock Local 401 president Thomas Hesse said, "It's a tragedy. We asked days and days agone for that establish to be closed temporarily for two weeks, send all of the workers home with pay to isolate. That was when we were enlightened of 38 cases. That was before they set up a dedicated testing facility in the expanse." Reports of employees beingness denied personal protective equipment besides surfaced around the same period.[66] As of May iii, 2020, 917 of the found'southward 2,000 workers accept tested positive, and the plant is linked to 1,501 full cases.[67]
In 2021, Cargill was named in a class action lawsuit filed past eight former child slaves from Mali who declared that the visitor aided and abetted their enslavement on cocoa plantations in Ivory Coast. The suit accused Cargill (forth with Nestlé, Barry Callebaut, Mars, Incorporated, Olam International, The Hershey Company, and Mondelez International) of knowingly engaging in forced labor, and the plaintiffs sought damages for unjust enrichment, negligent supervision, and intentional infliction of emotional distress.[68]
Land grabbing [edit]
The NGO Oxfam has documented an illustrative case of land grabbing. Between 2010 and 2012 Cargill brought huge areas of country in Colombia under its control despite legal restrictions on the acquisition of country state. To accomplish this, Cargill ready up no fewer than 36 mailbox companies, which enabled it to exceed the legally prescribed maximum size of land ownership. With more than 50,000 hectares of state, Cargill thus caused more than xxx times the land legally permitted for a single owner.[69]
Food contamination [edit]
In 1971, Cargill sold 63,000 tons of seed treated with a methylmercury-based fungicide that somewhen acquired a minimum of 650 deaths when it was eaten. The fumigated seed grain was provided by Cargill at the specific request of Saddam Hussein[seventy] and was never intended for directly human or animal consumption prior to planting.[71]
Cargill's grain—which was dyed cerise and labeled with warnings in Spanish and English too as a skull and crossbones design post-obit a previous incident of mercury-treated seed beingness sold as nutrient in Iraqi markets in 1960—was distributed too late for much of the 1971 planting season, causing many farmers to sell their excess product in the public markets at very depression prices; this attracted many poor Iraqis who either could not understand the warnings or overlooked them, causing thousands of cases of mercury poisoning.[72] The long latency menstruum before developing symptoms and cattle'due south greater tolerance of mercury poisoning also contributed to the mistaken impression the surplus seed grain was safe to consume.[lxx]
In Oct 2007, Cargill appear the recall of well-nigh 850,000 frozen beef patties produced at its packing institute in Butler, Wisconsin that were suspected of being contaminated with East. coli.[73] The beef was sold mainly at Walmart and Sam's Club stores.
In March 2009, the Australian Quarantine and Inspection Service (AQIS) temporarily suspended Cargill Australia'southward license to export meat to Japan and the Us after Eastward. coli was detected in Cargill's consign containers from its Wagga Wagga plant. In late Apr 2009, AQIS lifted Cargill Australia's suspension on its export license.[74]
In Baronial 2011, the USDA and Cargill jointly announced the recall of 36 million pounds of ground turkey produced at Cargill's Springdale, Arkansas, plant due to salmonella fears. The meat recalled was produced from February twenty to August 2. The Centers for Illness Control and Prevention announced that the detail strain of salmonella plant was resistant to unremarkably prescribed antibiotics. I expiry and 76 illnesses from 26 states were reported. Some 25 types of footing turkey produced under various brand names were affected, and all of the packages in question contained the lawmaking "Est. P-963."[75]
In September 2011, Cargill announced a second, immediate and voluntary Class One call back of 185,000 pounds of 85% lean, fresh-footing turkey products because of possible contamination from Salmonella Heidelberg.[76] The turkey was produced at the company's Springdale, Arkansas, facility on August 23, 24, 30 and 31.[76]
In July 2012, the Vermont Department of Public Wellness said that 10 people in the state had go ill from ground beefiness being recalled by Cargill Beef. The ten became sick between June six and 26. Three were hospitalized, and all recovered, according to health officials. Hannaford Supermarkets alerted consumers that Cargill Beef was voluntarily recalling 29,339 pounds of ground beef that might comprise salmonella. The 85%-lean ground beef was produced at Cargill's plant in Wyalusing, Pennsylvania, on May 25, 2012, and repackaged for sale to consumers by customers of the Kansas-based company.[77]
Deforestation [edit]
Soy [edit]
In 2003, Cargill completed a port for processing soya in Santarém in the Amazon region of Brazil, dramatically increasing soya production in the area and, according to Greenpeace, speeding upwardly deforestation of local rain forest.[78] In February 2006, the federal courts in Brazil gave Cargill half-dozen months to complete an ecology cess (EA). Initially supported past job-seeking locals, public opinion turned against the port every bit jobs accept not appeared. In July 2006, the federal prosecutor indicated they were close to shutting downwardly the port.[79]
Greenpeace took its entrada to major food retailers and quickly won agreement from McDonald'due south along with UK-retailers Asda, Waitrose, and Marks & Spencer to finish buying meat raised on Amazonian soya. These retailers have, in turn, put pressure on Cargill, Archer Daniels Midland, Bunge, André Maggi Grouping, and Dreyfus to evidence their soya was non grown on recently deforested land in the Amazon. In July 2006, Cargill reportedly joined other soy businesses in Brazil in a 2-yr moratorium on the buy of soybeans from newly deforested land.[80] [81]
In 2019 the six largest agricultural commodity traders, ADM, Bunge, Cargill, LDC, COFCO Int. and Glencore Agri, committed themselves to monitoring their soy supply bondage in Brazil'southward Cerrado.[82]
Palm oil [edit]
Cargill sells big volumes of palm oil, which is plant in many processed foods, cosmetics and detergents. Well-nigh palm oil is obtained from plantations in Sumatra and Borneo, which take been heavily deforested to brand way for them.[83]
Cocoa [edit]
On September 13, 2017 NGO Mighty Earth released a report[84] documenting findings that Cargill purchases cocoa grown illegally in national parks and other protected forests in the Cote d'ivoire.
The study accused Cargill of endangering the forest habitats of chimpanzees, elephants and other wild animals populations by purchasing cocoa linked to deforestation.[85] [86] [87] As a result of cocoa production, seven of the 23 Ivorian protected areas have been almost entirely converted to cocoa.[88] Cargill was notified of the findings of Mighty Earth's investigation and did not deny that the company sourced its cocoa from protected areas in the Republic of cote d'ivoire.
Data released in April 2019 by Global Forest Watch,[89] an online platform providing data and tools for monitoring forests, showed that rates of tropical primary forest loss increased dramatically in 2018 in Republic of ghana and Côte d'Ivoire, primarily due to cocoa farming and gold mining. In 2018 Republic of ghana had the highest charge per unit of increase (60%) in the earth compared to 2017, with Côte d'Ivoire (26%) in second identify.[58]
Air pollution [edit]
In 2005, the company settled with the Department of Justice and Environmental Protection Agency over Make clean Air Act violations, including a plan to invest over $sixty million in capital letter improvements for clean air controls, after a joint federal and land effort that included Alabama, Georgia, Indiana, Illinois, Iowa, Missouri, Nebraska, Due north Carolina, Due north Dakota and Ohio.[90]
In 2006, NatureWorks, a subsidiary in Nebraska, settled with the country over inadequate air pollution controls.[91]
In 2015, Cargill settled with the EPA over Clean Air Human activity violations in a plant in Iowa.[92]
Tax evasion [edit]
In 2011 a instance of transfer mispricing came to calorie-free in Argentina involving the world's iv largest grain traders: ADM, Bunge, Cargill and LDC. Argentina'due south revenue and customs service began an investigation into the four companies when prices for agricultural commodities spiked in 2008 but very piffling profit for the four companies had been reported to the office. Every bit a upshot of the investigation, it was alleged that the companies had submitted false declarations of sales and routed profits through revenue enhancement havens or their headquarters. In some cases they were said to take used phantom firms to buy grain and inflated costs in Argentina to reduce the recorded profits there.[93] According to Argentina'southward revenue and customs service, the outstanding taxes amounted to nearly USD i billion.[94] The companies involved have denied the allegations. To date, the Argentinian tax authorities have not replied to the Swiss NGO Public Eye'due south request equally to the current state of the case.[95]
In its 2018 almanac report to the United states of america Securities and Exchange Commission (SEC), Bunge mentioned provisions that advise the example is still ongoing: "[A]southward of Dec 31, 2018, Bunge's Argentine subsidiary had received income tax assessments relating to 2006 through 2009 of approximately one,276 meg Argentine pesos (approximately $34 million), plus applicative involvement on the outstanding amount of approximately 4,246 million Argentine pesos (approximately $113 meg])."[96]
Career programs [edit]
Cargill offers several opportunities for graduates in Europe and United States. Some of the programs are:
- European Graduate Program[97]
- U.S. Undergraduate Programme
Farther reading [edit]
- Broehl, Wayne M., Jr. (1992). Cargill: Trading the World'south Grain. Hanover, New Hampshire: Academy Press of New England. ISBN9780874515725. OCLC 24376223.
- Broehl, Wayne G., Jr. (1998). Cargill: Going Global. Hanover, New Hampshire: University Press of New England. ISBN9780874518542. OCLC 37606238.
- Broehl, Wayne Grand., Jr. (2008). Cargill: From Commodities to Customers. Hanover, New Hampshire: Academy Press of New England. ISBN9781584656944. OCLC 183162237.
Meet also [edit]
- Cargill family
- Criticisms of Cargill
- Cargill Russia
- Alberger process
- Margaret Anne Cargill
References [edit]
- ^ a b c "Cargill Five-Year Financial Summary". Cargill, Inc. July 16, 2018.
- ^ "Cargill fiscal 2021 revenue rises to $134.4 billion". world wide web.reuters.com. Baronial 9, 2021.
- ^ Drake Baer (March 2, 2015). "Cargill family unit has 14 billionaires - Business Insider". Business Insider.
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External links [edit]
- Official website
- Shurtleff, William; Aoyagi, Akiko (2020). History of Cargill'south Work with Soybeans and Soy Ingredients (1940-2020) (PDF). Lafayette, CA: Soyinfo Center. ISBN9781948436229.
Source: https://en.wikipedia.org/wiki/Cargill
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