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Cargill CEO: Tariffs Already Impacting Trade

Dave MacLennan discusses his concerns for U.S. agriculture

November 30, 2020

Dave MacLennan, chairman and chief executive officer at Cargill, discusses the business impact and uncertainty of trade tariffs and his concerns for U.S. agriculture.

He speaks on "Bloomberg Daybreak: Americas."

Gas Pump E15 Blend Pixabay

EPA issues emergency waiver for E15 summer sales

Cargill invests in $20 million grain elevator renovation

Grain Supply Chain

EPA issues emergency waiver for E15 summer sales

This move aims to increase fuel availability, reduce dependence on foreign oil and offer cheaper fuel options.

Gas Pump E15 Blend Pixabay

Brand Insights

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Grain Facility Renovations & Builds

Cargill invests in $20 million grain elevator renovation

The investment will improve the weighing and grading of corn and soybeans, with a focus on safety, customer service and efficiency.

Grain Trade & Export

US agricultural export sales report highlights mixed results

Wheat sales dipped due to decreased orders from China, while corn and soybean sales showed strong gains.

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US hemp market grows to $291 million in 2023

Despite a slight decrease in open-field planting area, the market saw substantial increases in yields and values.

CHS to acquire eight grain assets from Cargill

This strategic acquisition aims to enhance CHS’s supply chain efficiency and improve market connectivity.

NGFA says NASS reports are critical to agribusiness

Association expressed significant concern over the USDA's decision to discontinue county-specific crop and livestock estimates starting in 2024.

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Fixing bottlenecks in feed facilities, and how discovering and fixing them can save 100s of down hours at your mill.

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Grain Trade & Export

USDA revises corn and sorghum forecasts for 2023/24

Enhanced ethanol production and feed use are pushing corn stocks lower, while sorghum utilization adapts to rising exports.

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Grain Supply Chain

US soybean ending stocks rise amid declining exports

Domestically, robust soybean crush volumes support steady production, despite the dip in exports.

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Business & Markets

Fort Worth, Texas, moves to demolish abandoned grain silos

Deemed hazardous and substandard, the silos' demolition is part of a broader initiative to improve the area.

Grain Trade & Export

NAEGA launches updated model contract for grain exports

The update aims to enhance clarity, align with modern commercial practices and incorporate digital communication solutions.

North American Export Grain Association

Grain Trade & Export

Biofuel groups urge Brazil to end ethanol tariff

This appeal challenges the existing trade disparities where U.S. ethanol faces duties while Brazilian ethanol enters the U.S. duty-free.

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