Cargill’s quarterly earnings were pressured by elevated cattle and cocoa costs, while poultry investments in Thailand and the Philippines expand its global operations.
The investment will expand cooked chicken production, increase grain storage and introduce AI across Cargill’s Thai poultry network.
The investments strengthen Cargill’s manufacturing capacity, research capabilities and supply chain efficiency across Europe, the Middle East and Africa.
Company says operations at the plant remain suspended while negotiations continue
Cargill says operations at the facility remain suspended as cattle processing shifts elsewhere