Chicago | Reuters — U.S. corn futures surged four per cent on Tuesday as news of fresh export sales to China re-ignited concerns about tightening U.S. and global grain supplies, […] Read more
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U.S. grains: Corn soars four per cent on fresh sales to China
Chicago soy, wheat also climb
ADM brings Wisium premix brand feed to eastern Canada
ADM has announced that its Wisium premium premix brand will be coming to Ontario, Quebec and the Maritimes. The Wisium brand was added to ADM’s company with its 2019 acquisition […] Read more
ADM, InnovaFeed to build world’s biggest insect protein plant in Illinois
Chicago | Reuters — U.S. grain trader and processor Archer Daniels Midland and French biotech company InnovaFeed announced plans on Thursday to build the world’s largest insect protein plant at […] Read more
ADM beats profit estimates but revenue disappoints
Reuters — Global grains trader Archer Daniels Midland beat Wall Street estimates for quarterly profits on Thursday, helped by strength in its grain milling and nutrition businesses. Still, revenue missed […] Read more
Feds to probe complaints of wheat gluten dumping
New duties on six countries' gluten imports might follow
Federal officials are launching a probe into whether wheat gluten from six countries is being dumped in Canada at prices undercutting the domestic product. The Canada Border Services Agency (CBSA) […] Read more
Green Plains sues ADM, alleging ethanol market manipulation
Chicago | Reuters — Green Plains Inc., one of the biggest U.S. ethanol producers, sued Archer Daniels Midland on Tuesday, accusing the global grain trader of manipulating the price of […] Read more
Saudi Arabia completes first phase of flour mill privatization
Dubai/London | Reuters — Saudi Arabia said on Wednesday it had completed the first batch of its flour milling sector privatization, according to a statement by the state grain buyer […] Read more
U.S. grains: Corn, soybean futures down off gains
Chicago wheat also weak
Chicago | Reuters — U.S. corn and soybean futures fell on Friday after three straight days of gains as investors took some risk out of the market due to demand […] Read more
Major grain traders’ e-transaction platform gets name
The blockchain-based global commodity transaction platform being developed by six of the world’s biggest agrifood firms is moving ahead with a new name and project leader. The six companies — […] Read more
ADM says to focus on organic growth after acquisitions
Geneva | Reuters — Grain trader Archer Daniels Midland does not expect to continue its aggressive strategy of acquisitions in the next few years and will instead focus on organic […] Read more