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Cargill
Cargill, Incorporated, is a privately held American global food corporation based in Minnetonka, Minnesota, and incorporated in Wilmington, Delaware. Founded in 1865, it is the largest privately held corporation in the United States in terms of revenue. If it were a public company, it would rank, as of 2015, number 15 on the Fortune 500, behind McKesson and ahead of AT&T. Cargill has frequently been the subject of criticism related to the environment, human rights, finance, and other ethical considerations. Some of Cargill's major businesses are trading, purchasing and distributing grain and other agricultural commodities, such as palm oil; trading in energy, steel and transport; raising of livestock and production of feed; and producing food ingredients such as starch and glucose syrup, vegetable oils and fats for application in processed foods and industrial use. Cargill also has a large financial services arm, which manages financial risks in the commodity marke ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cargill Family
The Cargill family, also known as the Cargill-MacMillan family, refers to the multi-generational descendants of the American business executive William Wallace Cargill (December 15, 1844 – October 17, 1909) and his son-in-law John H. MacMillan Sr. The Cargill-MacMillan family is the fourth-wealthiest family in America. Descendants of Cargill and MacMillan have owned common equity in the "agribusiness giant" Cargill, Cargill Inc, one of the largest privately owned corporations in the United States, for over 140 years. William Cargill founded the Cargill company as an Iowa grain storage business in 1865, during the post–American Civil War, Civil War period, and was its CEO for almost 40 years. Following the death of William Cargill in 1909, his son-in-law John H. MacMillan Sr, John MacMillan steered the company out of a debt crisis and into stability. The two branches of the family—the MacMillans and the Cargills—continue to be represented on the board of directors of Cargil ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
William Wallace Cargill
William Wallace Cargill (December 15, 1844 – October 17, 1909) was an American businessman. In 1865, he founded Cargill, which by 2008 was the largest privately held corporation in the United States in terms of revenue, employing over 150,000 people in 68 countries. Early life William Wallace Cargill was born on December 15, 1844, in Port Jefferson, New York. He was the third of seven children of Scottish sea captain William Dick Cargill, who had emigrated to New York in the late 1830s. His mother, Edna Davis, was a native of New York. In 1856, Cargill's parents relocated to Janesville, Wisconsin, to pursue an agricultural life. Career In 1865, William W. Cargill started a small grain-storage business in Conover, Iowa, which eventually grew to become Cargill, Incorporated. In 1867, he was joined by two of his younger brothers, Sam and Sylvester, in Lime Springs, Iowa, where Cargill built a grain flat house and opened a lumberyard. In 1875, another younger brother, James ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Mosaic Company
The Mosaic Company is a Fortune 500 company based in Tampa, Florida which mines phosphate, potash, and collects urea for fertilizer, through various international distribution networks, and Mosaic Fertilizantes. It is the largest U.S. producer of potash and phosphate fertilizer. Overview The Mosaic Company was formed in October 2004 by a merger between IMC Global, a fertilizer company formed in 1909, and Cargill's crop nutrition division. It is a combined producer and marketer of concentrated phosphate and potash with a customer base which includes wholesalers, retail dealers and individual growers worldwide. Its headquarters are in Tampa, Florida and it employs approximately 13,000 people in eight countries. Products Potash Mosaic has approximately 10.4 million tonnes of operational potash capacity. Mosaic currently owns potash mines or surface mills at; Belle Plaine, Colonsay, Esterhazy K1, Esterhazy K2, Esterhazy K3 and Carlsbad, with another potash mine recently purchased in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Minnetonka, Minnesota
Minnetonka ( ) is a city in Hennepin County, Minnesota, Hennepin County, Minnesota, United States. A western suburb of the Twin Cities, Minnetonka is located about west of downtown Minneapolis. As of the 2020 United States census, 2020 census, the city's population was 53,781. Minnetonka is the home of Cargill, the country's List of largest private non-governmental companies by revenue, largest privately owned company, and UnitedHealth Group, the state's largest publicly owned company. Interstate 494 runs through the city while Interstate 394 (U.S. Route 12) and U.S. Route 169 are situated along the suburb's northern and eastern boundaries respectively. History Since the mid-19th century, Minnetonka has evolved from heavily wooded wilderness through extensive farming and industrialization to its present primarily residential suburban character. The Minnetonka area was home to the Dakota people, Dakota and Ojibwe people, Ojibwe Native American tribes before Euro-Americans arri ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dave MacLennan
David W. MacLennan (born 1958/59) is an American businessman, the chairman and chief executive officer (CEO) of Cargill. MacLennan received a BA in English from Amherst College, followed by an MBA in Finance from the University of Chicago. MacLennan has been chairman and CEO of Cargill since 2013, when he succeeded Greg Page. Under MacLennan’s leadership, Cargill has faced numerous controversies and criticisms. Criticism In 2019, former U.S. Congressman Henry A. Waxman, in a report by Mighty Earth The Center for International Policy (CIP) is a non-profit foreign policy research and advocacy think tank with offices in Washington, D.C. and New York City. It was founded in 1975 in response to the Vietnam War. The Center describes its mission ..., called Cargill "the worst company in the world" and noted that it drives "the most important problems facing our world" (deforestation, pollution, climate change, exploitation) "at a scale that dwarfs their closest competitors." ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Livestock
Livestock are the domesticated animals raised in an agricultural setting to provide labor and produce diversified products for consumption such as meat, eggs, milk, fur, leather, and wool. The term is sometimes used to refer solely to animals who are raised for consumption, and sometimes used to refer solely to farmed ruminants, such as cattle, sheep, goats and pigs. Horses are considered livestock in the United States. The USDA classifies pork, veal, beef, and lamb (mutton) as livestock, and all livestock as red meat. Poultry and fish are not included in the category. The breeding, maintenance, slaughter and general subjugation of livestock, called '' animal husbandry'', is a part of modern agriculture and has been practiced in many cultures since humanity's transition to farming from hunter-gatherer lifestyles. Animal husbandry practices have varied widely across cultures and time periods. It continues to play a major economic and cultural role in numerous communities. Lives ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Minnesota
Minnesota () is a state in the upper midwestern region of the United States. It is the 12th largest U.S. state in area and the 22nd most populous, with over 5.75 million residents. Minnesota is home to western prairies, now given over to intensive agriculture; deciduous forests in the southeast, now partially cleared, farmed, and settled; and the less populated North Woods, used for mining, forestry, and recreation. Roughly a third of the state is covered in forests, and it is known as the "Land of 10,000 Lakes" for having over 14,000 bodies of fresh water of at least ten acres. More than 60% of Minnesotans live in the Minneapolis–Saint Paul metropolitan area, known as the "Twin Cities", the state's main political, economic, and cultural hub. With a population of about 3.7 million, the Twin Cities is the 16th largest metropolitan area in the U.S. Other minor metropolitan and micropolitan statistical areas in the state include Duluth, Mankato, Moorhead, Rochester, and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Commodity
In economics, a commodity is an economic good, usually a resource, that has full or substantial fungibility: that is, the market treats instances of the good as equivalent or nearly so with no regard to who produced them. The price of a commodity good is typically determined as a function of its market as a whole: well-established physical commodities have actively traded spot and derivative markets. The wide availability of commodities typically leads to smaller profit margins and diminishes the importance of factors (such as brand name) other than price. Most commodities are raw materials, basic resources, agricultural, or mining products, such as iron ore, sugar, or grains like rice and wheat. Commodities can also be mass-produced unspecialized products such as chemical substance, chemicals and computer memory. Popular commodities include Petroleum, crude oil, Maize, corn, and gold. Other definitions of commodity include something useful or valued and an alternative ter ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vegetable Oil
Vegetable oils, or vegetable fats, are oils extracted from seeds or from other parts of fruits. Like animal fats, vegetable fats are ''mixtures'' of triglycerides. Soybean oil, grape seed oil, and cocoa butter are examples of seed oils, or fats from seeds. Olive oil, palm oil, and rice bran oil are examples of fats from other parts of fruits. In common usage, vegetable ''oil'' may refer exclusively to vegetable fats which are liquid at room temperature. Vegetable oils are usually edible. Uses In antiquity Oils extracted from plants have been used since ancient times and in many cultures. Archaeological evidence shows that olives were turned into olive oil by 6000 BCE and 4500 BCE in present-day Israel and Palestine. In addition to use as food, fats and oils (both vegetable and mineral) have long been used as fuel, typically in lamps which were a principal source of illumination in ancient times. Oils may have been used for lubrication, but there is no evidence for this. Veg ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fodder
Fodder (), also called provender (), is any agriculture, agricultural foodstuff used specifically to feed domesticated livestock, such as cattle, domestic rabbit, rabbits, sheep, horses, chickens and pigs. "Fodder" refers particularly to food given to the animals (including plants cut and carried to them), rather than that which they forage for themselves (called forage). Fodder includes hay, straw, silage, compressed and Compound feed, pelleted feeds, oils and mixed rations, and sprouting, sprouted grains and legumes (such as bean sprouts, fresh malt, or brewing#Brewer's spent grain, spent malt). Most animal feed is from plants, but some manufacturers add ingredients to processed feeds that are of animal origin. The worldwide animal feed trade produced tons of feed (compound feed equivalent) in 2011, fast approaching 1 billion tonnes according to the International Feed Industry Federation, with an annual growth rate of about 2%. The use of agricultural land to grow feed r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Starch
Starch or amylum is a polymeric carbohydrate consisting of numerous glucose units joined by glycosidic bonds. This polysaccharide is produced by most green plants for energy storage. Worldwide, it is the most common carbohydrate in human diets, and is contained in large amounts in staple foods such as wheat, potatoes, maize (corn), rice, and cassava (manioc). Pure starch is a white, tasteless and odorless powder that is insoluble in cold water or alcohol. It consists of two types of molecules: the linear and helical amylose and the branched amylopectin. Depending on the plant, starch generally contains 20 to 25% amylose and 75 to 80% amylopectin by weight. Glycogen, the energy reserve of animals, is a more highly branched version of amylopectin. In industry, starch is often converted into sugars, for example by malting. These sugars may be fermented to produce ethanol in the manufacture of beer, whisky and biofuel. In addition, sugars produced from processed starch are used ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Glucose Syrup
Glucose syrup, also known as confectioner's glucose, is a syrup made from the hydrolysis of starch. Glucose is a sugar. Maize (corn) is commonly used as the source of the starch in the US, in which case the syrup is called "corn syrup", but glucose syrup is also made from potatoes and wheat, and less often from barley, rice and cassava.p. 21 Glucose syrup containing over 90% glucose is used in industrial fermentation, but syrups used in confectionery contain varying amounts of glucose, maltose and higher oligosaccharides, depending on the grade, and can typically contain 10% to 43% glucose. Glucose syrup is used in foods to sweeten, soften texture and add volume. By converting some glucose in corn syrup into fructose (using an enzyme, enzymatic process), a sweeter product, high fructose corn syrup can be produced. Glucose syrup was first made in 1811 in Russia by Gottlieb Kirchhoff using heat and sulfuric acid. Types Depending on the method used to Hydrolysis, hydrolyse th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
