Articles tagged under: ADM
New ADM Fertilizer Terminal in MN
Published August 12, 2022
ADM has a new fertilizer terminal and blender at the St. Paul Alter River Terminal in St. Paul, Minnesota. It’s a 40,000-ton fertilizer warehouse with seven large storage bins for bulk products, three micro bins and a high-capacity blending and…Oilseeds and Ag Services Business Profitable for ADM
Published July 26, 2022
Archer Daniels Midland is reporting second quarter operating profits of $1.8 billion. That's based on the strength of its ag services and oilseeds processing businesses. "We're seeing things executed well, navigating dynamic conditions to deliver," said Juan Luciano, CEO/Chairman. "Even…A Groundbreaking at the Green Bison Soy Processing Plant
Published June 3, 2022
The former Cargill malt barley plant at the Spiritwood Energy Park in North Dakota is being converted into the state’s first soybean crush facility. With the construction site in the background, farmers and government officials met on Thursday for a…ADM Releases Q1 Results
Published April 27, 2022
Archer Daniels Midland (ADM) is reporting fiscal net income for the first quarter at $1.05 billion. Gross profits for the quarter are $1.9 billion with operating profits for the quarter reported at $1.5 billion. Read more financial results.ND Ready for Ag Processing
Published February 22, 2022
North Dakota is uniquely positioned to take advantage of new agricultural processing opportunities. Charles Mueller is the finance lead for ADM’s new soybean crush project at Spiritwood and made that point during the Northern Corn and Soybean Expo. "Part of…Strong Q4 Profits for ADM
Published January 26, 2022
Archer Daniels Midland Company has strong fourth quarter profits. Rising biofuel demand and strong ethanol margins doubled operating profits for the carbohydrate solutions division. However, high energy and grain costs impacted the earnings at the corn processing, core ag services…ADM Signs Letter of Intent for Pipeline
Published January 16, 2022
Archer-Daniels-Midland Co has signed a letter of intent with Wolf Carbon Solutions to build a pipeline that would capture, and transport carbon dioxide produced at ADM's ethanol facilities at Clinton and Cedar Rapids, Iowa. The carbon would be stored underground…Top Story #4: Value Added Ag Opportunities
Published December 28, 2021
New value-added opportunities are popping up in Northern Plains. That’s due, in part, to the increased demand for renewable diesel. In May, ADM announced it would build a $350 million soybean crush facility in Spiritwood, North Dakota. The plant is…An Important Step for the Spiritwood Crush Project
Published December 15, 2021
Archer Daniels Midland and Marathon Petroleum finalized their joint venture for the soybean crush plant at Spiritwood, North Dakota. ADM will own 75 percent of the joint venture and Marathon Petroleum will own the remaining 25 percent. The joint venture,…