U.S. grain storage capacity continues to trend higher as farm production grows, with Archer Daniels Midland Co. becoming the latest company to announce expansion plans. Get the full story »
Inside these posts: ADM
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ADM shares slide as analyst trims rating
Archer Daniels Midland Co.’s stock slipped Friday as an analyst downgraded the agribusiness conglomerate, saying the current operating environment may miss near- and intermediate-term expectations. Get the full story »
ADM chooses Dow Chemical exec to be COO
Agribusiness conglomerate Archer Daniels Midland Co. announced Monday that Dow Chemical executive Juan Luciano will be its new executive vice president and chief operating officer. Get the full story »
Burcon expects interest from ADM
Burcon Nutrascience Corp. expects that its new partnership with Archer Daniels Midland Co. could eventually result in their marriage.
Burcon earlier this month signed a licensing deal with Archer Daniels for the production, distribution and sale of its Clarisoy soy protein, which can go into juices, soft drinks and sports drinks.
Although the deal does not give ADM a right or option to buy Burcon, Johann Tergesen, Burcon’s chief operating officer, said he assumes ADM would want to take it over down the road. Get the full story »
ADM invests in Brazilian palms, biodiesel plant
Archer Daniels Midland Co. on Wednesday announced a 5-year plan to invest in nearly 30,000 acres of palm trees in Brazil and build a new processing plant as part of a program to use palm in its biodiesel production.
The plant and palm acres are located in the northern Brazilian state of Para. Construction on the plant near Sao Domingos do Capim is anticipated to begin in 2013. It is expected to be operational in 2016. Get the full story »
ADM plans grain elevator in North Dakota
From The Bismarck Tribune | Decatur-based agricultural processor Archer Daniels Midland has applied for an industrial zoning permit to build a concrete grain elevator and private railroad loop near Hebron, N.D., that allows 110 cars to be loaded with grain for market.
ADM canola plant dropped from FDA restricted list
The U.S. Food and Drug Administration has dropped Archer Daniels Midland’s canola crushing plant in Windsor, Ontario from its list of plants that are under import restrictions due to salmonella concerns, according to an update on the regulator’s website on Tuesday. Get the full story »
Archer Daniels invests $100M in China bank
U.S. agricultural processor Archer Daniels Midland Co on Thursday said it will invest $100 million in a Chinese bank and open an office in Beijing as part of its goal to boost sales in China.
“China’s agricultural market is growing in both supply and demand and represents significant growth opportunities for ADM,” ADM Chief Executive Patricia Woertz said in a statement. Get the full story »
ADM ‘disappointed’ in ethanol blend ruling delay
U.S. ethanol producer Archer Daniels Midland Co. said Friday it was disappointed that the Environmental Protection Agency has delayed for a second time a ruling on higher blends of ethanol in the U.S. fuel supply.
The EPA said Thursday that testing to raise the blend rate of gasoline to 15 percent ethanol, or E15, in newer vehicles would not be completed until the end of September. Get the full story »
