Farms.com Home   News

Cargill Donates $20,000 to Canadian Red Cross in Support of Flooding in Manitoba and South Saskatchewan

Cargill Limited announced a donation of $20,000 to the Canadian Red Cross for relief efforts aimed at helping victims of recent severe flooding in the provinces of Manitoba and Saskatchewan.

“The Canadian Red Cross is very appreciative of the commitment and dedication of a caring corporate leader like Cargill, whose support allows us to provide the help needed by people impacted by flooding in Manitoba,” said Shawn Feely, provincial director, Manitoba, for Red Cross.

With parts of the Prairies seriously affected by flooding due to excessive rainfall, Cargill is supporting the Canadian Red Cross in providing assistance to those people who were forced out of their homes or are faced with flooding.

“Our initial priority was focused on the safety and welfare of our employees and their families,” said Jody Magotiaux, Manitoba Regional Manager, Cargill AgHorizons. “Now, we are focused on securing our communities, allowing us the capability to better support our farm customers whose homes and operations are located in the regions that are most severely affected.”

Red Cross is asking people to help the flood recovery efforts by making a financial donation, which can be done online at www.redcross.ca/mbflood, by calling toll-free at 1-800-418-1111, or by visiting their local Red Cross office. Cheques should be earmarked Manitoba floods

Cargill provides corporate support to select regional, national and global nonprofit and nongovernmental organizations that serve multiple communities in which the company has a business presence. Cargill’s giving is directed within its focus areas of food security and nutrition, education and environmental stewardship.

Source: Cargill


Trending Video

U.S.-China Trade “Truce” + U.S. Fed Cuts Rates Again

Video: U.S.-China Trade “Truce” + U.S. Fed Cuts Rates Again


The market was hoping for a US-China trade deal, but we got a trade “truce” for now from the keenly awaited Trump-Xi meeting at the APEC Summit.
China commits to minimum purchase commitments of 12 MMT of U.S. soybeans during the “current season” and a minimum of 25 MMT annually through 2028.
U.S. Treasury Sec Bessent said other Asian countries have agreed to buy additional 19 MMT of US soybean.
Soybean futures trading above $11 now- they normally tend to rally to $12.
As expected, US Fed cuts interest rates by -0.25% again in October to 3.75%–4.00%. No further cuts promised for this year but trade looking out to the Dec FOMC.
The Bank of Canada cut interest rates to 2.25% but raised concern over trade war damage.
Soy meal futures, remarkably, have had 14 consecutive higher close sessions. A bull market in soybeans is a bull market in soy meal!
Cattle futures lower as funds unwind out of cattle for now due to Trump headlines and objective to lower beef prices.
All major stock indices climb to new record highs. It was Mag 7 reporting week, which had mixed results. But we now have the first $5 trillion company in Nvidia!