Hints and tips:
...ADM is a low-profile company that plays a pivotal role in global food supplies, buying crops from farmers for processing into bulk ingredients, animal feed and motor fuel or shipping to customers around...
...Chicago-based ADM is one of a handful of companies that dominates the international trading and processing of grain and oilseeds, with operations in nearly 50 countries....
...The others are ADM and Cargill, both headquartered in the US, and Europe-based Louis Dreyfus....
...Archer Daniels Midland is partnering with a lab-grown meat start-up as the US agricultural trader expands its alternative protein business, further diversifying the company beyond trading and processing...
...The expanded tie-up combines ADM’s vast network of grain storage, handling and processing facilities with FBN’s digital farm commerce and data-analytics capabilities....
...They're destined for ADM, one of the big grain corporations. Wes says at least they can provide a stable market....
...Everything from harvesting, spraying, irrigation, collecting data, and processing, [is set to change]," he added....
...Adam Glover Bailie, 48, remains a senior trader at ADM Investor Services International, the UK brokerage of US food processing company, Archer Daniels Midland....
...ADM declined to comment. Last week, Goldman Sachs also settled a disability discrimination claim brought by a banker in London who alleged that the firm failed to accommodate his condition....
...ADM is among the small group of international companies that lead international grain handling and processing, purchasing crops such as corn, wheat and soyabeans from farms for distribution or processing...
...ADM stands among the handful of companies that dominate international grain handling and processing, buying crops from farmers, moving them to food importers or refining them into products such as animal...
...Juan Luciano, chief executive, said the company was able to replace about 70 per cent of the lost volume by increasing corn exports and by sending soyabeans elsewhere, notably to its processing plants in...
...While ADM, Bunge and Cargill are still the largest in terms of how much grain and oilseeds they move around the world, Glencore and Cofco International, the international trading arm of China’s state-owned...
...Argentina’s smaller harvest pushed up profit margins for processing soyabeans into protein meal and vegetable oil....
...Archer Daniels Midland, one of the world’s biggest traders of agricultural commodities, flagged an improving outlook for its soyabean processing, as it reported first-quarter earnings that topped expectations...
...Archer Daniels Midland has taken further action to diversify away from handling and processing bulk crops with moves to acquire two businesses involved in nutrition....
...Cargill already has a majority shareholding in a soyabean processing plant — The National Vegetable Oils Company — in Borg Al-Arab, near Alexandria....
...The company’s wheat milling business, housed until now inside agricultural services, will sit in the carbohydrate solutions division alongside ADM’s corn processing plants, which make products such as corn...
...This in turn has boosted processing margins in the Americas as buyers have scrambled to find alternative sources of supply....
...ADM said operating profit in its agricultural service division, which buys crops from farmers for processing or export, rose 23 per cent to $301m thanks to a near-doubling of income from grain merchandising...
...ADM made a takeover approach to Bunge, leading to deal talks that later fizzled out....
...The US and Canada have highly consolidated oilseed processing industries with ADM and Bunge representing a little over 50 per cent of capacity, according to Credit Suisse....
...Juan Luciano, ADM chief executive, said the company’s agricultural services division, which buys crops from farmers for processing or export, had expanded in Europe, a key production region....
...ADM dates to 1902. It is the most US-weighted of the ABCD companies, with more than half its processing plants and nearly three-quarters of its procurement facilities located in the country....
...It buys crops from farmers for processing into ingredients and feeds, or for bulk shipment to customers around the world....
International Edition