Feb 26, 2019

Cargill Plans Save-the-Forest Initiative

CEO: "Farming and forests can — and must — coexist"

Cargill Inc., Minnetonka, MN, is expanding its anti-deforestation goals and human rights commitment across three of its most troubled supply chains — soybeans, cocoa and palm oil.

According to a report at theStar Tribune, with environmental changes a growing concern for many commodity companies, Cargill said last week it is enacting two new policies — one onsustainable soy in South Americaand the other onnew human rights standards— and is updating itsfour-year-old forest policy.

"Farming and forests can — and must — coexist," Dave MacLennan, Cargill's chief executive, said in a statement. "The world depends on agriculture to feed a growing population but also depends on the long-term viability of our natural resources."

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Marketwatch: Mar, 26

US Corn Price Idx:ZCPAUS.CM

open: 7.1928
high: 7.2696
low: 7.1928
close: 7.2655

US Soybean Price Idx:ZSPAUS.CM

open: 16.4322
high: 16.629
low: 16.3972
close: 16.5898

US Hard Red Winter Wheat Price Idx:KEPAUS.CM

open: 10.133
high: 10.2858
low: 9.9793
close: 10.2355

US Soft Red Winter Wheat Price Idx:ZWPAUS.CM

open: 10.1704
high: 10.3439
low: 10.0264
close: 10.293