Cargill, Incorporated

Soybeans →

Corn Grain (Swine Feed — Primary Energy) →

Feedlot Finishing Diet (Corn + Soybean Meal) →

Live Cattle (Fed Cattle for Slaughter) →

Poultry & Dairy Feed (Corn, Soybean Meal) →

Soybean Meal (Swine Feed — Primary Protein) →

Black Sea Wheat (Russia & Ukraine Exports) →

Rapeseed / canola seed →

Raw Cotton Fiber →

Colorado · manufacturing

Cargill Animal Nutrition feed mill in Sterling, Colorado — one of Cargill's largest US broiler and turkey feed mill facilities. Serves Colorado, Nebraska, and Kansas poultry operations. Cargill operates 30+ feed mills in North America under its Nutrena brand. Source: https://www.cargill.com/animal-nutrition

Dodge City, Kansas · Beef Slaughter & Processing

Major Cargill beef processing facility in the heart of Kansas cattle country; processes southern Great Plains cattle; part of Kansas's 25.7% share of US beef processing

Iowa · manufacturing

Cargill corn wet milling and animal feed complex in Cedar Rapids, Iowa — one of the largest corn processing facilities in the US Corn Belt. Cedar Rapids sits at the heart of Iowa corn country and serves as a major origination point for swine feed ingredients. Cargill's Iowa operations span multiple facilities connecting corn origination to finished feed production. Source: https://www.cargill.com/food-beverage/na/corn-wet-milling

Iowa · processing

Cargill's Eddyville Iowa soybean crush facility is located in the Iowa River valley, within Iowa's primary hog production region. Eddyville processes soybeans from Iowa and surrounding states; the resulting soybean meal is sold directly to Iowa hog producers and incorporated into Cargill's own swine feed formulations sold through Cargill Premix and Nutrition. The geographic co-location of Cargill's crush operations in Iowa with Iowa's massive hog inventory (~25% of US hog production) creates an integrated crush-to-feed supply chain that minimizes transport costs and secures protein supply for Iowa's pork industry. Source: https://www.cargill.com/food-beverage/na/our-facilities

Varna Oblast · manufacturing

Cargill Provimi feed mill complex in Varna, Bulgaria — one of Cargill's major European poultry and livestock feed production facilities. Serves broiler integrators in southeastern Europe. Part of the Provimi network acquired by Cargill in 2011 for $1.5B. Source: https://www.cargill.com/news/releases/2011/NA31624702.jsp

Tennessee — Memphis · trading_hub

Memphis TN cotton trading hub; the historical center of US and global cotton merchandising since the 19th century antebellum cotton economy. Memphis hosts the trading operations of Cargill Cotton, the US operations of Louis Dreyfus Cotton (formerly Dunavant Enterprises, acquired 2011), and multiple smaller merchants. The Memphis Board of Trade (now merged into larger exchanges) was historically where US cotton forward contracts were priced. Memphis's position on the Mississippi River historically enabled barge shipment of cotton bales from the Delta to Gulf ports; today Memphis serves as an origination, financing, and logistics coordination hub for US upland cotton. The Intercontinental Exchange (ICE) Cotton No. 2 futures contract (ticker: CT) traded in New York is the global benchmark price for US upland cotton. Source: ICE Futures US Cotton No. 2 contract specifications; National Cotton Council history.

Louisiana · port

The New Orleans area grain export terminal complex (including Cargill Westwego terminal, Bunge Destrehan terminal, ADM Reserve terminal, Louis Dreyfus Bunge Convent terminal, and CGB Enterprises Ama terminal — all within ~100 miles on the Lower Mississippi River) is the United States' primary soybean and corn export gateway, handling approximately 60% of total US soybean exports. Soybeans originating in Iowa, Illinois, Indiana, and Minnesota travel by barge down the Illinois River and Mississippi River system to these terminals for ocean vessel loading. The Lower Mississippi grain terminal complex receives approximately 20,000-25,000 river barges annually; one delayed river barge represents ~1,500 tons of grain. Mississippi River low-water events (drought of 2012, 2022, 2023) reduced barge drafts, restricted loads, and elevated freight costs — directly reducing US export competitiveness versus Brazilian soy in Chinese import markets. USACE operates two critical navigation chokepoints: Lock and Dam 25 (Winfield, MO) and the Old River Control Structure (Louisiana) — infrastructure from the 1950s-70s managing US agricultural export infrastructure. Source: USDA AMS Grain Transportation Report 2024; USACE Lower Mississippi River conditions.

Texas — High Plains (Lubbock region) · growing_region

Texas High Plains / South Plains (Lubbock TX hub; Plainview, Lamesa, Floydada growing areas); produces ~70% of all US cotton output and ~8-9% of global cotton production. The largest contiguous dryland cotton region in the world. Texas High Plains cotton is upland variety (Gossypium hirsutum), short-staple, dryland or Ogallala Aquifer-irrigated. Critically, the Ogallala Aquifer — which irrigates Texas High Plains cotton and food grain — is being depleted at a rate that exceeds recharge by 10-40x in parts of the region; the Texas Water Development Board projects portions of the Panhandle Ogallala will be effectively depleted within 50 years, threatening the long-term agricultural productivity of the US's largest cotton growing region. Memphis TN is the traditional trading hub for Texas/Gulf Coast cotton; Lubbock TX area gins are among the largest concentration of cotton ginning capacity in the world. Source: USDA NASS Cotton Production 2024; Texas Water Development Board Aquifer Reports.