Missouri Minute: State commission rejects cattle operation expansion plan; Bunge CEO exiting amid investor pressure

Here are today’s top headlines from across Missouri:

State commission rejects contentious plan to expand Jackson County cattle operation

Missouri regulators rejected a plan to expand a cattle feedlot and slaughter operation near Lone Jack, reversing previous state approval and setting off celebration among neighbors of the proposed lot, including Powell Gardens. Valley Oaks Stake Co. wanted to expand its operation in Jackson County from fewer than 999 beef cattle to as many as 6,999. Read more

Bunge CEO Schroder exiting amid continued investor pressure

Bunge CEO Soren Schroder is resigning after five years leading the grain trader, Reuters reports. The move follows months of pressure from investors to shake up company leadership amid a global grain slump. Dating back to last year, the 200-year-old company has posted a string of weak earnings reports, leaving Bunge vulnerable to takeover efforts by rivals Glencore and Archer Daniels Midland. Read more

CoxHealth to build new $42 million hospital in Monett

CoxHealth is upgrading its facilities serving rural southwest Missouri with a new $42 million hospital in Monett, the Springfield-based hospital system announced Monday. The 70,000-square-foot structure will replace a current hospital built in the 1950s. The investment is part of CoxHealth’s effort to ensure that residents of rural areas have access to health care. Read more

Kraftig beer maker moving ahead with St. Charles County facility

The William K. Busch Brewing Co. is moving ahead with plans to build a new brewery and distillery in Defiance, following approval from the St. Charles County Council. The company said Monday it expects to complete the facility in spring 2020. Read more

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