In Nebraska, Law Street Media reports that Green Plains Inc. and its subsidiaries filed a complaint in the District of Nebraska against Archer Daniels Midland Company alleging it had manipulated the ethanol derivative contracts market and violated the Commodities Exchange Act. According to the complaint, the plaintiff, Green Plains Inc., produces and sells over a […]
In Illinois, Archer Daniels Midland Company reported financial results for the quarter ended June 30, 2019 including net earnings of $235 million and reported that their executed aggressive interventions amid challenging industry conditions like unfavorable weather impacts of approximately $65 million to segment, have helped them manage those challenges. Juan Ricardo Luciano Archer-Daniels-Midland Company – […]
It’s in the Wall Street Journal. It’s in the Financial Times. It’s in Yahoo Finance. And of course, it’s in The Digest. It’s the Archer Daniels Midland Company breaking news of breaking off their ethanol unit…and a tumbling 40% decline in profit. In Chicago, Archer Daniels Midland Company reported their financial results for the quarter […]
IHS Markit published a plastics report saying that the market value for biodegradable polymers exceeds $1 billion and will rise sharply by 2023 thanks to increased plastic regulations and bans in Western Europe. But it’s not just Europe that we are seeing bans on plastic. Multinational companies like Kraft, Starbucks, McDonalds, Marriott, Disney and more […]
In Illinois, ADM made three huge announcements in one day including a 50-50 joint venture with Russia-based Aston Foods and Food Ingredients to provide sweeteners and starches to customers in Russia. Aston is one of Russia’s largest agricultural and food ingredients businesses, with activities in farming, oilseeds crushing, edible oils and grain origination, in addition […]
In Illinois, Archer Daniels Midland commenced operations at the Illinois Industrial Carbon Capture and Storage (ICCS) project, a partnership to safely and permanently store more than 1 million tons of carbon dioxide a year, has begun. The project captures carbon dioxide, which is created as a byproduct at ADM’s Decatur corn processing facility, and stores […]
In Illinois, Archer Daniels Midland has completed its acquisition of Specialty Commodities for $191 million, including $95 million in working capital. “We are continuing to expand our specialty ingredients portfolio to better serve our customers, improve returns and reduce the volatility of our earnings,” said Greg Morris, president of ADM’s WILD Flavors and Specialty Ingredients […]
In Illinois, Archer Daniels Midland Co. plans to exclusively offer Roundtable on Sustainable Palm Oil-certified sustainable palm oil to North American customers starting in 2015. With palm distribution and processing sites in Nebraska, Illinois, Georgia and New Orleans, the company will work with Wilmar International Ltd. to supply fully traceable, sustainable palm oil in line […]
In Illinois, Archer Daniels Midland Company reported net earnings for the quarter of $510 million for the quarter ended Dec. 31, 2012, or $0.77 per share, up from $0.12 per share in the same period one year earlier. Adjusted earnings per share were $0.60, up from $0.51 in the same period last year. Segment operating […]
