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Continental Grain Calls for Shake-up at Smithfield Foods

2013-04-26 02:00:00| ThePigSite - Industry News

US - One of the major shareholders in the US pig processing Giant Smithfield Foods, Continental Grain, is calling on the company to split and ad experienced directors to improve returns for shareholders.

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UPDATE 1-Continental Grain heads toward Smithfield proxy fight

2013-04-25 20:55:07| Food - Topix.net

Continental Grain Co, a large shareholder in Smithfield Foods Inc, moved toward a proxy fight with the meat company on Thursday, saying it will seek shareholder support in connection with a turnaround plan it says could lift Smithfield's shares to $40 in three years.

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UPDATE 1-Bunge warns of lingering tightness in grain supply

2013-04-25 20:28:46| Agriculture - Topix.net

Congestion at Brazilian ports and limited selling of crops by U.S. farmers are keeping global grain supplies tight despite expectations for massive harvests later this year, agribusiness company Bunge Ltd said on Thursday.

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CP books higher Q1 grain revenue on less grain

2013-04-25 18:13:42| Railroads - Topix.net

Higher grain and fertilizer revenues per carload trumped "challenging winter conditions" as Canadian Pacific Railway booked its highest-ever first-quarter gross in the period ending March 31.

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Four killed at Cargill grain facility in Brazil

2013-04-23 23:04:18| Food - Topix.net

Giant US agribusiness firm Cargill Inc confirmed that four workers died late Sunday at its grain delivery facility in Canarana, Brazil, when a silo containing soybeans collapsed.

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