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2015 marks Cargill’s 150th anniversary

Started by William Wallace Cargill in 1865

By Diego Flammini, Farms.com

Cargill, one of the world leaders in providing food, agricultural, risk management and financial services and industrial products and services, will celebrate their 150th anniversary with celebrations at their facilities around the globe.

We are proud of our legacy and the many people who have created it," said David MacLennan, Cargill's president and chief executive officer in a release. "Throughout our anniversary year, we will be reflecting on our past and present, and we'll use those reflections as a springboard to help us focus our thinking on how we can help our partners and customers thrive in an increasingly complex world."

Before the celebrations for this year can begin, a look at some of the events that shaped the first 149 must be taken:

1865 – William Wallace Cargill leaves his family in Janesville, Wisconsin to own a grain flat house in Conover, Iowa.

1967 – Cargill fills a 115-car train with Illinois corn. The efficiency results in better prices for consumers and profits for farmers.

1991 – Cargill introduces more humane cattle practices, including a blueprint that promotes more peaceful and insightful handling methods.

1998 – With the shallow waters of the Gulf of Kutch presenting problems, Cargill designs the first floating, offshore port in India, allowing for food and other items to be unloaded and transferred via ferry.

2013 – Their Hindoli palm plantation receives official Indonesia Sustainable Palm Oil certification and is seen as a model for sustainable palm oil production.

To date, Cargill has operations worldwide from Canada and the United States, to New Zealand, Netherlands, and Japan.


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The 12-day war between Iran-Israel came to an end sending crude oil futures plunging as the big fund speculators removed the war risk premium.

The weather risk premium in the Ag complex is sending corn, wheat and soybean futures lower on month-end selling ahead of the market moving USDA quarterly grain stocks and acreage reports on June 30th.

Instead, funds were chasing and sending tech stocks higher with the S&P 500/NASDAQ indexes setting new all-time record highs!

June 1 USDA Hogs and pigs report was slightly bearish while the U.S. $ Index traded to new contract lows as the de-dollarization that began in 2014 continues.

Feed in the form of soybean meal futures for livestock producers got cheaper, trading to new contract lows.

The Stats Canada seeded acreage update was bullish canola and wheat.