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Tag Archives ADM

(ADM.com)
Canola, Crops, Markets, Soybeans

ADM to upgrade crush plants for soy

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Reading Time: 2 minutes Archer Daniels Midland plans to get ahead of increased soy acreage on the Prairies by upgrading two crushing plants to handle more soybeans. The U.S. agrifood firm said Monday it will upgrade its processing plant at Enderlin, N.D., about 80 km southwest of Fargo, to crush soybeans as well as canola and sunflower seed. At […] Read more
(Dave Bedard photo)
Crops, Markets, Reuters

ADM buys Belgian veg oils company AOR

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Reading Time: < 1 minute Reuters — Archer Daniels Midland is buying AOR NV, a privately held edible oils bottler and distributor based in Antwerp, Belgium, the U.S. grain company said Monday. Chicago-based ADM did not disclose the cost of the purchase, its latest acquisition aimed at expanding into higher-margin products including food-grade oils and food ingredients. ADM bought Swiss-German […] Read more
(Dave Bedard photo)
Canola, Crops, Machinery, Markets, Reuters, Soybeans

ADM cuts biodiesel output as industry hit by weak margins

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Reading Time: 2 minutes Winnipeg/New York | Reuters — Archer Daniels Midland , one of the world’s top biofuels producers, has slowed North American biodiesel output, the latest sign the industry is battling uncertainty over U.S. renewable fuel policy while the oil rout curbs demand. The Chicago-based agri business has “temporarily” shifted production at its Velva, N.D. oilseeds processing […] Read more
(Dave Bedard photo)
Crops, Reuters

ADM profit jumps as big U.S. harvest boosts ag services

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Reading Time: 2 minutes Chicago | Reuters — U.S. agribusiness Archer Daniels Midland on Tuesday reported higher quarterly earnings as a record-large U.S. harvest boosted grain volumes and supported strong exports, though revenue fell short of expectations. Earnings in agricultural services, ADM’s biggest business segment in terms of revenue, grew as bumper U.S. corn and soybean crops replenished thinned […] Read more
Crops, Markets, Reuters

Olam’s cocoa purchase raises supply, price volatility concerns

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Reading Time: 3 minutes New York | Reuters –– Olam’s US$1.3 billion deal to buy rival Archer Daniels Midland’s cocoa processing business may reduce liquidity in the niche cocoa bean trade, raising concerns about volatile prices and a potential shake-up of customer relationships. In the biggest deal to roil the cocoa trade in recent years, Olam scooped up a […] Read more

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