Articles tagged under: ADM
ADM Profits Double in Q3
Published October 27, 2021
Strong oilseed crush margins and rising vegetable oil demand are having a positive impact on ADM’s agricultural services and oilseeds unit. The company is reporting strong third quarter profits with revenue at $20.34 billion. The strong vegetable oil demand, including…Spiritwood Part of ADM/Marathon Joint Venture
Published August 20, 2021
ADM has inked an agreement with Marathon Petroleum to form a joint venture, which will own and operate the Spiritwood, North Dakota soybean processing facility. ADM took over the facility earlier this summer. With this deal, ADM will own 75…Murray Moves to ADM
Published July 28, 2021
Stephanie Murray is the new manager of marketing communications and brand experience at ADM. Most recently, Murray was vice president for Reputation Partners. Previously, Murray spent time with FleishmanHillard and G&S Business Communications.ADM Enjoys a 52 Percent Increase in 2Q Profits
Published July 27, 2021
Archer Daniels Midland reports quarterly earnings of $712 million, up from $469 million in the same period last year. Strong Chinese export demand is credited for those gains. ADM officials also cited stronger oilseed crush margins for its success.ADM to Start Work on New Soybean Crush Facility Late June
Published June 17, 2021
On Wednesday, Archer Daniels Midland met with local farmers and the Jamestown/Stutsman Development Corporation to discuss a new soybean crush facility in Spiritwood. ADM is retrofitting a former Cargill Malt plant. "We plan to start some demo work by the…Where Will ADM’s Soybean Oil Go in North Dakota?
Published May 17, 2021
The vegetable oil produced at ADM’s new soy crush facility in Spiritwood, North Dakota will be sold to Marathon in Dickinson, North Dakota to make renewable diesel. NDSU Extension Bioenergy Economics Specialist David Ripplinger says the renewable diesel sector is…Bring More Value-Added Agriculture to North Dakota
Published May 11, 2021
Jamestown, North Dakota farmer Terry Wanzek says the fact that ADM is showing an interest in North Dakota for a soybean crush facility makes a big statement. "They have the money, background and knowledge and they see the potential. A…ND Farmers Pleased with Plans for ADM Soy Crush Facility
Published May 10, 2021
North Dakota Soybean Growers Association President Joe Ericson was pleasantly surprised with the news of ADM’s crush plant at Spiritwood. "Like most people, we got the news from ADM," said Ericson, who farms near Wimbledon. "It will be nice to…ADM to Build New Soybean Crush Facility in ND
Published May 10, 2021
Archer Daniels Midland plans to build a soybean crush facility at the Spiritwood Energy Park near Jamestown. The $350 million facility will process 150,000 bushels of soybeans per day. ADM is taking over the site of a former Cargill barley…