NEWS
ConAgra, Cargill, CHS Joint Venture
Tue Mar 5, 2013 09:40 AM CST

(Dow Jones) -- ConAgra Foods Inc. (CAG), Cargill Inc. and CHS Inc. (CHSCP) agreed to form an independent joint venture, combining their North American flour-milling businesses into a new company called Ardent Mills.

The new company will combine ConAgra Mills and Horizon Milling, a Cargill-CHS joint venture formed in 2002. It will serve customers in the baking and food industries, offering services including product development resources, technical and application support, supply-chain management and commodity price risk management.

ConAgra Foods, Cargill and CHS will contribute their respective milling operations to the new company on a cash-free, debt-free basis in exchange for ...

Quick View
  • The New Dicamba At an event exhibiting the company's soon-to-arrive Dicamba-tolerant soybean trait, Monsanto repr...
  • Racing the Clock For Brian Marshall, the clock starts the minute a new calf hits the ground. Within the first four...
  • Hay Baling Safety Important Looking at it as a sporting event, mid-July is the halftime of the hay baling season in most of t...
  • "Easy Money Times Over" Feeding the world population won't be as hard as expected over the next decade some experts forec...
  • Weathering the Drought Parts of the panhandle and western Oklahoma are still considered as being in extreme or exception...
  • Clearing the Air EPA Administrator Gina McCarthy told a group of agribusiness representatives that her agency want...
  • Klinefelter: By the Numbers Peak prices since 2007 didn't slow megafarm consolidation. Mid-size operators may need to collabo...
  • Corn's Hidden Highways Scientists are rewriting the route to better hybrids.
  • Ask the Vet Before implanting heifers that will be bred, consult with a veterinarian to be sure fertility won...
Related News Stories
Ag Interest Rate Snapshot
Klinefelter: By the Numbers
Minding Ag's Business
Minding Ag's Business
Minding Ag's Business
Senior Partners - 3
Rates Too Low Too Long
Minding Ag's Business
Minding Ag's Business