Ag Giant Cargill Is Spending More Than $1 Billion to Get Into Fish Farming
Cargill, one of the largest agricultural companies in the world, is making big investments in aquaculture. On Monday, it announced a 1.35-billion-euro deal (roughly $1.5 billion) to purchase the salmon-feed-manufacturing company EWOS. This large purchase is just one of many for Cargill, which became part of a $30-million joint venture to build shrimp-feed facilities in July and has “aquaculture capabilities” in Mexico, Central America, China, United States, Southeast Asia, India, and Ecuador, according to the company’s press release. Read the rest here 14:25
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