Reports that a company owned by Cargill and ABF bought all the available UK feed wheat last month has renewed calls for tighter regulation of commodity markets.
Traders reportedly told the Bureau of Investigative Journalism that Frontier Agriculture bought all available May Futures contracts on the London International Financial Futures and Options Exchange (Liffe) in the period running up to the tender date in the last week of April.
Cargill is expanding its cocoa and chocolate business in Europe through the acquisition of the business of Schwartauer Werke GmbH & Co. KG Kakao Verarbeitung Berlin, (“KVB”), an integrated chocolate company based in Germany.
Cargill, Minneapolis, Minnesota, USA, continues to expand its global reach with the opening of a flavor manufacturing plant in Pinghu, China. The facility, which will allow Cargill to serve customers with flavors for beverage, dairy, confectionery and bakery applications, as well as manufacturing and supply options, will complement the company’s Shanghai flavor application laboratory opened in 2007. Cargill said the… Read more »