Archer-Daniels-Midland Company (ADM) has released its alternative protein outlook for 2022. The findings, based on research from the company’s proprietary consumer insights platform, suggest what’s next for protein alternatives, which are expected to climb to a staggering $125 billion by 2030. New products will be heavily influenced by the seven emerging trends says ADM, including… Read More
Farmers Business Network (FBN) says it will not be bringing its new farm equity financing program to Canada in the near term. The California-based company, which aims to shake up traditional business models in crop production, launched its “Farmland Capital” program near the end of October. FBN said they will offer farmers up to 25… Read More
ADM has announced plans to build North Dakota’s first crush plant and refinery completely dedicated to soybeans. The US$350 million facility will be located west of Fargo, at Spiritwood — approximately 290 km (175 miles) from the Canada-U.S. border. It is slated to process 150 thousand bushels of soybeans per day starting in time for… Read More
Fall is often a time when farmers think about pre-purchasing or putting down some fertilizer in order to save a buck and some time in advance of the coming year. For late 2020, fertilizer tariffs on imports into the U.S. is changing the price dynamic and causing some uncertainty. Russian and Moroccan fertilizer companies have… Read More
It seems like with the current state of the world, no one is short on questions; and fertilizer supply is no exception. Mike Lowery, Canadian sales manager for Archer Daniels Midland (ADM), and Jake Niederer, director of sales and marketing for ADM, joined RealAg Radio host Shaun Haney to discuss the current fertilizer market across… Read More
ADM is a major player in the U.S. fertilizer market, but it has had very little presence in the crop input business in Canada. That could be changing, however, as the company plans to open a fertilizer distribution facility at Lajord, Saskatchewan by spring of 2018. “This is our first opportunity to put some bricks… Read More
ADM has sold its stake in GrainCorp — the Australian parent company of Canada Malting and new Canadian joint venture GrainsConnect. The deal sees ADM sell its 19.9 percent ownership in Australia’s largest grain company to Swiss underwriters UBS for A$387 million (approximately C$380 million). “This transaction will allow us to further reduce our invested… Read More
An increase in soybean crush capacity in North Dakota might benefit growers on the eastern side of the Canadian prairies. Archer Daniels Midland announced Monday that it is adding soybean crushing capabilities to its plant at Enderlin, North Dakota — less than 100km southwest of Fargo. The facility is currently set up to process canola, flax and… Read More
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