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Cargill said the decision to sell the elevators was not related to the company's 2023 acquisition of Owensboro Grain Co., a family-owned soybean processing facility and refinery located in ...
The grain trade refers to the local and international trade in cereals such as wheat, barley, maize, and rice, and other food grains.Grain is an important trade item because it is easily stored and transported with limited spoilage, unlike other agricultural products.
Cargill was founded in 1865 by William Wallace Cargill when he bought a grain-flat house in Conover, Iowa. [15] A year later William was joined by his brother Sam, forming W. W. Cargill and Brother. Together, they built grain flat houses and opened a lumberyard. In 1875, Cargill moved to La Crosse, Wisconsin, and their brother James joined the ...
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A grain elevator or grain terminal is a facility designed to stockpile or store grain. In the grain trade , the term "grain elevator" also describes a tower containing a bucket elevator or a pneumatic conveyor , which scoops up grain from a lower level and deposits it in a silo or other storage facility.
Cargill Meat Solutions is a subsidiary of the Minneapolis-based multinational agribusiness giant Cargill Inc, [1] [2] that comprises Cargill's North American beef, turkey, food service and food distribution businesses. Cargill Meat Solutions' corporate office is located in Wichita, Kansas, United States. Jody Horner is the division's president. [3]
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In reaction to falling grain prices and the widespread economic turmoil of the Dust Bowl (1931–39) and Great Depression (October 1929–33), three bills led the United States into permanent price subsidies for farmers: the 1922 Grain Futures Act, the June 1929 Agricultural Marketing Act, and finally the 1933 Agricultural Adjustment Act ...