Insights and Stories on ADM

Jan. 12, 2018 at 2:30 pm CST

Chicago | Reuters — Republican U.S. senators are working with some of the world’s biggest agricultural merchants to undo a last-minute provision in the tax overhaul that threatens to distort the grains market and starve private firms of corn, soy and wheat supplies. It was included during final revisions of […]

By Tom Polansek

Jan. 9, 2018 at 8:04 pm CST

Chicago | Reuters — The new U.S. tax law is poised to drive more control over the nation’s grain supply to farmer-owned co-operatives, provoking concern among ethanol producers and privately run grain handlers that they could be squeezed out of the competition to buy crops. Until now, the co-operatives, private […]

By Mark Weinraub, Tom Polansek

Jan. 3, 2018 at 3:30 pm CST

Chicago | Reuters – Cargill Inc reported a 6 percent drop in quarterly profits on Wednesday as a global glut of grains limited trading opportunities for the food-commodities merchant. Four years of bumper grain and oilseeds harvests have squeezed profits for Cargill and main rivals Archer Daniels Midland Co, Bunge […]

By Tom Polansek

Sep. 28, 2017 at 2:15 am CDT

Chicago | Reuters — Syngenta moved closer to putting a troubled biotech corn seed launch behind it with a US$1.5 billion settlement with farmers this week, but grain traders who filed two remaining lawsuits may be less ready to compromise, legal experts said. The company was sued three years ago […]

By Karl Plume

Sep. 11, 2017 at 7:47 pm CDT

Chicago | Reuters — Hurricane Irma stripped oranges from trees and prompted Tyson Foods to shut meat plants in Florida and Georgia on Monday to keep workers safe. Tyson, the biggest U.S. meat company, hopes to resume normal operations soon at chicken plants it shuttered in Cumming, Dawson and Vienna, […]

By Tom Polansek