Glencore plc (“Glencore”) is pleased to announce that it has entered into a definitive agreement with Canada Pension Plan Investment Board (“CPPIB”) for the purchase by a wholly owned subsidiary of CPPIB of a 40% equity interest in Glencore Agricultural Products (“Glencore Agri”), for an aggregate consideration of US$2.5 billion payable in cash upon closing, […]
Springdale, Ark. – The efforts of Tyson Foods, Inc. (NYSE: TSN) to operate responsibly and with more transparency are outlined in the company’s first comprehensive sustainability report since its 2014 acquisition of The Hillshire Brands Company. For the first time, the online report is being issued in segments over five weeks, beginning with today’s release […]
LIMA, Peru, – Agriculture Secretary Tom Vilsack and U.S. Trade Representative Michael Froman announced today that the U.S. government has reached agreement with the government of Peru to remove barriers for U.S. beef exports to Peru that have remained in effect since 2003, opening one of the fastest growing markets in Latin America to all […]
HAVANA, – As part of President Obama’s historic trip to Cuba to further normalization of relations, advance commercial and people-to-people ties, and express our support for human rights for all Cubans, Agriculture Secretary Tom Vilsack today announced several measures that will foster further collaboration between the U.S. and Cuban agriculture sectors. The two neighboring countries […]
WASHINGTON, – Agriculture Secretary Tom Vilsack today announced that 10 states have been selected to take part in SNAP to Skills, a first-of-its-kind, peer-to-peer effort to help state agencies design improved employment and training programs for adults participating in the Supplemental Nutrition Assistance Program (SNAP) in order to help them find employment and ultimately move […]
MINNEAPOLIS, Minnesota – General Mills announces its 150th birthday today with plans for a year-long celebration. To celebrate its impact on a century and a half of food around the world, General Mills will share and highlight nostalgic food memorabilia from its historical archives. And honoring its journey of developing leading brands, life-changing inventions and […]
WASHINGTON, Feb. 23, 2016 – As part of the U.S. Department of Agriculture’s (USDA) ongoing efforts to boost opportunity in rural communities, Agriculture Secretary Tom Vilsack today awarded six low-interest loans to local governments and community organizations that will spur rural economic development in five states. Secretary Vilsack announced the awards at the Legislative Conference […]
ATLANTA, – The Coca-Cola Company today announced that it is accelerating the pace and scale of its bottler refranchising efforts with plans to refranchise 100% of Company-owned North America bottling territories by the end of 2017, including all cold-fill production facilities. The Company has also entered into a non-binding letter of intent to refranchise Company-owned […]
WASHINGTON, – Agriculture Secretary Tom Vilsack today announced a new step to support farmers transitioning to certified organic production, by expanding a crop insurance option to allow producers to purchase insurance coverage that better reflects their product’s actual value. The expanded coverage is part of the U.S. Department of Agriculture’s (USDA) continued commitment to provide […]
CHICAGO, —Archer Daniels Midland Company (NYSE: ADM) announced today that it has reached an agreement to purchase a controlling stake in Harvest Innovations, an industry leader in minimally processed, expeller-pressed soy proteins, oils and gluten-free ingredients. “More and more consumers are looking for foods that are gluten-free, that aren’t genetically modified, and that are healthy […]
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