Cargill halts Russian investment | MEAT+POULTRY
MINNEAPOLIS — Cargill announced March 11 that it has stopped investing in Russia and is scaling back business activities there after Russia invaded Ukraine. The same day McCormick & Co.…
Vietfish day one recap: Easing feed prices mean pangasius shortage now unlikely
HO CHI MINH CITY, Vietnam — Undercurrent News is reporting live from Ho Chi Minh City, Vietnam, for the annual Vietfish trade show, held this year from Aug. 21-23. Want…
NCBA applauds DOD reversal on cultured meat funding
WASHINGTON – The National Cattlemen’s Beef Association (NCBA) confirmed on July 23 that the Department of Defense (DOD) will not go forward with its proposal to look at the applications…
HPAI remains crucial to egg pricing
KANSAS CITY, MO. — Egg and egg product prices should continue to decline as cases of highly pathogenic avian influenza (HPAI) decline, Amy Smith, vice president, Advanced Economic Solutions, said…
Kraft Heinz to build $400 million automated distribution center
CHICAGO — The Kraft Heinz Co. announced plans to build a $400 million automated consumer packaged goods (CPG) distribution center in DeKalb, Ill. Spanning 775,000 square feet, the facility will…
Mediator assigned for long-standing Oklahoma poultry lawsuit
OKLAHOMA CITY — Following negotiations in the last few months, a mediator was finally chosen in a yearslong poultry lawsuit in Oklahoma over environmental damage to the state’s water by…
Cargill, Darden support rangelands conservation program
DENVER — A total of $1.5 million in grants is being distributed to restore, improve and conserve grasslands and wildlife habitats in the Intermountain West, announced the National Fish and…
Saudi Exim doubles financing in first half of 2024
The Saudi Export-Import Bank (Saudi Exim) has provided 128% more financing and insurance in the first half of 2024 compared to the same period last year, according to the Saudi…
Perdue Farms hires chief commercial officer
SALISBURY, MD. – Fourth-generation, family-owned protein processor Perdue Farms announced on Feb. 27 that Todd Tillemans would work as the new chief commercial officer (CCO). Tillemans will focus on the…
Chipotle shifts restaurant design to all-electric concept
NEWPORT BEACH, CALIF. – Chipotle Mexican Grill unveiled a new all-electric restaurant design that utilizes renewable energy from wind and solar power through the purchase of renewable energy credits. Restaurants…