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Cargill has acquired Colombia-based poultry and protein processor Campollo, following its 2017 purchase of Pollos Bucanero. The company plans to expand its protein business in Latin America, including Costa Rica, Guatemala, Honduras and Nicaragua.
Cargill cites poultry as the world's fastest-growing protein.
Consolidation among large poultry processors in Latin America affects regional chicken supply chains but is unlikely to move global feed or commodity prices in the near term.
meatpoultry.comErica ShafferDec 28, 2018Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
