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ADM Announces Realignment of Business Segments Across Four Units

Mar 21, 2018

Food processing firm Archer Daniels Midland (ADM) is realigning business segments to further accelerate growth. The company announced the realignment of its business segments across four units – Carbohydrate Solutions, Nutrition, ...

Tags: Food processing

Cargill-Arasco Joint Venture to Set up Fructose Production Plant in Saudi Arabia

Apr 6, 2016

Middle East Food Solution Company (MEFSCO), a joint venture between Arabian Agricultural Services Company (Arasco) and Cargill, is planning to set up a plant to produce fructose, glucose and starch products in Saudi Arabia. In this ...

Tags: MEFSCO, Arasco, Cargill

ADM Takes 50% Stake in Medsofts to Expand Supply Chain and Merchandising Operations

Dec 21, 2015

Archer Daniels Midland Company (ADM) will purchase 50% stake in Egypt-based Medsofts Group. Together, the companies will own and manage supply chain and merchandising operations of grains, oilseeds, and soft commodities. The new joint ...

Tags: Archer Daniels Midland Company, grains, Agriculture

China's Central Bank Cuts The Level of Commercial Banks Funds

Apr 19, 2015

China's central bank said yesterday it would cut the level of funds commercial banks must hold in reserve by 1 percentage point, the second such move this year to boost lending.The move, effective today, comes after the world’s second ...

Tags: China's Central Bank, Commercial Banks Funds

Sustainable Food Security Will Be Boosted by IFAD, EU

Mar 25, 2014

Government of Kenya is partnering with the International Fund for Agricultural Development (IFAD), the European Union (EU) and Equity Bank to finance the Kenya Cereal Enhancement Programme (KCEP). This US$30.1 million programme is ...

Tags: Sustainable Food Security, International Fund

Deyu Agriculture Corp. Today Announced Its Financial Results for The Third Quarter

Nov 19, 2013

Deyu Agriculture Corp., a Shanxi Province, China-based vertically integrated producer, processor, marketer and distributor of organic and other agricultural products made from corn and grains, today announced its financial results for the ...

Tags: Deyu Agriculture, agricultural products

Archer Daniels Midland Company Reported Financial Results for The Quarter Ended 9.30,2013

Oct 31, 2013

Archer Daniels Midland Company today reported financial results for the quarter ended Sept. 30, 2013. The company reported adjusted earnings per share1 of $0.46, down from $0.53 in the same period last year. Net earnings for the quarter ...

Tags: Archer Daniels, crop supplies

ADM and CVA Established a Bushel Shuttle Loader Grain Elevator Near Randolph, Nebraska

Aug 2, 2013

US-based Archer Daniels Midland (ADM) has entered into a 81-20 Grain Terminal joint venture with Central Valley Ag Cooperative (CVA) to establish a bushel shuttle loader grain elevator near Randolph, Nebraska. The elevator will source ...

Tags: Archer Daniels Midland, Shuttle Loader Grain Elevator

Europe Approved ADM Proposed Acquisition of Australian Grain Handler with $2.95bn

Jul 31, 2013

The European Commission (EC) has approved US-based Archer Daniels Midland's (ADM) proposed acquisition of Australian grain handler and processor GrainCorp for A$2.8bn ($2.95bn). The approval by the EC brings the number of government ...

Tags: European Commission, Graincorp

ADM Is Close to Complete The Acquisition of Australia's Largest Grain Exporter

May 2, 2013

US-based agri-processing company Archer Daniels Midland (ADM) is close to complete the acquisition of Australia's largest grain exporter after GrainCorp accepted its A$2.8bn ($2.95bn) takeover bid. Under the terms of the deal, ADM agreed ...

Tags: Archer Daniels Midland, Food

ADM Has Booked a Jump in First-Half Net Earnings

Feb 7, 2013

Agri-giant Archer Daniels Midland has booked a jump in first-half net earnings, as lower one-off costs and higher sales boosted the bottom line. Net earnings in the six months to 31 December rose to US$692m, up from $440m in the ...

Tags: Agri-giant, oilseed, agricultural services

ADM Saw Its Profits Slide in The First Quarter of Financial Year

Dec 13, 2012

Archer Daniels Midland saw its profits slide in the first quarter of its financial year as the US drought hit corn supplies. In the three months ended 30 September, earnings amounted to US$182m from $460m last year, the firm reported ...

Tags: profits, corn, ADM, Archer Daniels Midland

Commodities Giant Archer Daniels Midland Has Booked a Drop in Full-Year Profits

Dec 10, 2012

Commodities giant Archer Daniels Midland has booked a drop in full-year profits as record corn prices hit earnings in the fourth quarter. In the three months to the end of June, net profit fell 25% to US$284m, while operating profits slid ...

Tags: corn, corn prices, corn crop

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