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Cargill Sells Malaysia Feed Maker to CAB Cakaran for $54 Million
Cargill Sells Malaysia Feed Maker to CAB Cakaran for $54 Million

Bloomberg

time7 hours ago

  • Business
  • Bloomberg

Cargill Sells Malaysia Feed Maker to CAB Cakaran for $54 Million

Cargill Inc. agreed to sell its Malaysian animal feed producer to a local poultry farmer as the world's largest agricultural commodities trader continues with a reorganization of its global business. The decision to sell came after a 'thorough review of long-term' priorities, and the deal is expected to close by the end of November, according to a statement from Cargill. A unit of CAB Cakaran Corp. will pay 231 million ringgit ($54 million) in cash for the feed maker, a separate filing shows.

27,000 chickens killed in Langley, B.C., barn fire
27,000 chickens killed in Langley, B.C., barn fire

CTV News

time01-07-2025

  • General
  • CTV News

27,000 chickens killed in Langley, B.C., barn fire

A barn fire in Langley is pictured on Sunday, June 29. (Township of Langley Fire Department) A poultry farmer in Langley, B.C., lost a sizeable flock in a barn fire early Sunday morning, firefighters say. Crews were called to 256th Street near the U.S. border around 2 a.m., Township of Langley Deputy Fire Chief Cory Parker told CTV News. Upon arrival, the fire was growing quickly and additional units were called in. 'It was quite a stubborn fire to put out, extremely large buildings, and our crews did a really good job of stopping it from spreading,' he said, adding that two firefighters were treated for heat exhaustion on scene. Langley barn fire The aftermath of the fire is seen from above. Unfortunately, two buildings were destroyed and approximately 27,000 chickens perished in the blaze. 'They're devastated by the loss,' Parker said. 'They're a long-time chicken producing family in the township and this is a devastating fire for them.' The cause of the fire remains under investigation, but Parker said there's no indication it was suspicious in nature.

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