00:00It's Benzinga bringing Wall Street to Main Street.
00:02Cargill opened a new production plant in the Netherlands to expand access to its FR3 fluid
00:07as demand rises from electrical infrastructure, data centers, renewable energy, and battery
00:13storage, according to Benzinga. The company said the facility will strengthen supply availability,
00:18simplify logistics, and improve responsiveness. Cargill also expanded operations in India with
00:24a dairy feed plant in Wazirabad and invested in its Beijing plant while continuing to grow
00:29in China and the Asia-Pacific region. Cargill developed an AI system called Carve to improve
00:34efficiency and increase output as beef costs rise nationwide. Ground beef prices have risen more
00:40than 70 percent since 2020, while Cargill produces about 11 billion pounds of beef annually. The
00:46improvement could add about 55 million pounds of meat, worth about $200 million at current wholesale
00:52prices. Cargill is using AI to predict truck wait times, improve delivery flow, identify plants,
00:59inspect meat, automate processing tasks, and develop animal feed blends. For all things money,
01:04visit Benzinga.com.
Comments